These numbers are mind-blowing.
. Statistics reveal that the median price for a single-family home more than doubled in four Colorado metro areas — Denver, Colorado Springs, Boulder and Fort Collins — from 2011 to 2021. The increases are so mind-boggling that Point2 breaks them down by day over that ten-year span, ranging from a daily increase of $66 for Fort Collins to a staggering $107 in Boulder.This phenomenon wasn't unique to Colorado.
By last year, the median single-family home price had topped $1 million in three California cities — San Jose, San Francisco and Anaheim — thanks to jaw-dropping spikes. For instance, the median price in San Jose went from $570,000 in 2011 to $1,640,000 in 2021; the overall $1,070,000 jump translates to $266 per day. And earlier this year, Honolulu joined the $1 million median price club.
Boulder, Fort Collins and Colorado Springs are categorized by Point2 as midsize cities, and all three landed among the ten with the biggest increases in that category. Boulder finished second, behind only the Naples, Florida, area, while Fort Collins came in sixth and Colorado Springs ninth.
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