Real estate in Denver is absolutely fucking ridiculous. Back in 2012 we bought our house for $195K and at time, it was definitely a seller's market because homes were going fast and not on the market for very long. Nine years later it is still absolutely crazy. The house right next door to us went up for sale over the weekend and it's listed at $480K.
All the homes in our area are similar, I think there's only 4 or 5 different models and all similar in size and rooms, and there is no fucking way that house or our house is worth anywhere close to a half million dollars.