Denver's housing market is hot and everyone knows it. But how far does your dollar go these days?
There are fewer homes for sale now compared with a year ago, and that low supply means higher prices. According to the Colorado Realtors Association, the median home price in the Denver metro area was $440,000 in July, significantly more than the nationwide metro median of $258,000 reported by Re/Max.
Also in Denver, 2.65 percent of all homes are valued at $1 million or more, making it No. 10 on…