DENVER -- The mountains, the sunshine and a robust economy -- it's no wonder why Denver is such a hot real estate market.
If you're already a homeowner in metro Denver, you've seen an average of 10 percent growth this year in your home's value.
But, there's a downside.
If you don't yet own a home, newly released data from ATTOM Data Solutions shows Denver proper is now the third lowest in home affordability in the country.
The median home price has skyrocketed to $352,800.
Leading economists say while a slowdown is eventually guaranteed, it's not in the short-term forecast, which is pricing many out of the market.
"I would have loved to come back to Denver. I actually grew up in Denver,” said Megan Frenzel. on her recent search for a home. “But the pricing market did not work."
"Eventually, in four or five years when everything stabilizes and when we have newly-built houses, the housing prices won't be that high," said Dr. Kishore Kulkarni, professor of economics at Metropolitan State University of Denver.
Kulkarni says in the short-term, the housing market will continue its growth pattern.
There is some good news – but only if you're looking to leave Denver.
Nationally, the home affordability index is down about 13 points from this time a year ago.