The market has really been strong this year and now we have some national credibility to boot. The Federal Housing Finance Agency releases four Home Price Indices per year and the latest, including results through March 31, 2012 was recently released. In the report it showed that homes Boulder County appreciated by 2.35% over the past year. This ranks us tenth nationally of the 303 largest metropolitan districts that are ranked.
For comparison, last quarter our home appreciation was measured at -.8% and that ranked 57th nationwide. Nationally, homes have appreciated .48% over the past year. This breaks a 15 quarter streak of negative appreciation that spans back to 2008. Good news indeed!
The first chart below shows the home appreciation over time of Boulder County and the US national average. The second chart shows Boulder County’s national ranking over time. The last time we were ranked this high was in 1999.