Colorado's home prices remain steady through 4Q 2010

Colorado’s real estate market stood its ground through the end of 2010, according to the Federal Housing Finance Authority’s House Price Index.

Colorado’s house-price change of -1.03 percent from the fourth quarter of 2009 to the last three months of 2010 earned it a rank of 10th out of 51 on the index. The nation as a whole saw home prices decline 3.95 percent in the fourth quarter of 2010 compared with the same period of 2009.

While none of Colorado’s metro statistical areas were ranked among the top 20 for house price appreciation, most of their house prices remained steady compared with metros nationwide through the end of the year.

Boulder remained among the top 100 metro statistical areas for its price appreciation of 0.06 percent, it dropped from 53rd in the third quarter to 87th in the fourth.

It also fell three places to the fourth-highest rank among Colorado metros, falling behind Pueblo, which saw home prices climb 1.05 percent from the fourth quarter of 2009 to the fourth quarter of 2010, ranked 38th; Greeley, which ranked 57th with an appreciation of 0.53 percent; and Denver-Aurora-Broomfield, which ranked 80th with prices appreciating 0.12 percent.

All but one of Colorado’s metros stayed well out of the bottom 20 except for one: Grand Junction’s home prices declined 8.68 percent in the fourth quarter of 2010 compared with the previous year, earning it the rank of 299 out of 309.

Here’s a look at how all of Colorado and its ranked metro areas’ change in housing prices in the fourth quarter of 2010 compared with change in housing prices nationwide: