Brett Shreckengost, LIV SOTHEBY’S INTERNATIONAL REALTY
Home prices were fairly flat statewide in Colorado, but a few areas were still seeing double-digit increases, with the biggest gains reported in the Telluride area, according to the Colorado Association of Realtors. Pictured here is Tom Cruise’s former home in Telluride, which sold in 2021 for $39.5 million. (Brett Shreckengost, LIV SOTHEBY’S INTERNATIONAL REALTY) 
Getting your player ready...
Colorado homebuyers couldn't catch a break last year, having to juggle mortgage rates approaching 8% by early fall and home prices that remained stubbornly high despite reduced affordability.
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The original version of the story said the median price of an attached home sold last year rose by $1,000. It rose by $100. Statistics labeled as single-family were for both single-family and condos. The story was updated to include the correct single-family numbers.
