Colorado was one of only eight states where home prices actually appreciated in the 12 months ending March 31, earning it a placing among the top five states for home appreciation, according to the Federal Housing Finance Agency.
The District of Columbia had the highest one-year appreciation rate in the nation, with its homes’ values increasing 14.2 percent. It was followed by North Dakota with a rate of 7.48 percent; California third at 2.85 percent; and Vermont rounded out the top five with a rate of 1.44 percent.
Boulder was the highest-ranking metro area in Colorado, coming in at No. 50 with a one-year appreciation rate of -2.28 percent. Grand Junction was the lowest ranked Colorado metro at 254, with an appreciation rate of -10.9 percent.
While none of its metropolitan statistical areas made the top 20 for their home prices for the period, the FHFA ranked five of Colorado’s seven metro areas in the top 100 out of 301.
Here’s a look at how Colorado and its metros’ home prices ranked nationally:
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