Are home prices in Denver dropping in 2023? The short answer is yes, but there’s more to it than that. While Denver is still about 5% more expensive than it was last year, we’re seeing a lot of price reductions on homes for sale. This is because there is more inventory available, which means increased competition among sellers. But don’t worry, this doesn’t mean we’re headed for a housing bubble like in 2008. Equity and home values in the area are still strong, and appraised values have remained stable. So if you’re a buyer, now is a great time to enter the market with more options and lower interest rates. And if you’re a seller, it’s still a good time to sell, just be realistic with your pricing #Greatlifecolorado #Denver #colorado #housingprices #Marketcrash #denverhousingprices #Sellmyhousein2023 #buyahousein2023 #realestate #firsttimehomebuyer