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15. Denver, Colorado

Pre-dip run-up: 4.3%
Fall since last peak: -9.6%
Compared to pre-run-up low: -5.7%

Prices falling since: May 2010
Run-up length: 14 months

ZHVI High: $212,870
ZHVI Low: $192,341

Photo: Jim Wark | Lonely Planet Images | Getty Images || Source: zillow.com