Median home prices may be signaling a market cooling

Housing price appreciation was described as a mixed bag in June, and in May prices slipped a bit.

Now for the third month in a row, median home prices as recorded in sales of single-family homes in Northern Colorado and the Boulder Valley are showing significant declines from a year prior — which may be an indicator that the housing market has cooled.

July numbers as recorded by Information and Real Estate Services LLC, the multi-list agency, show declines in four of the six communities tracked in the region with only resort community Estes Park — up…