Market overview
The contract settles on the listed range containing the median home value in the Denver Metro area on December 31.
The available value bands are <$458K, $458K - $463K, $463K - $468K, $468K - $473K, $473K - $478K, $478K - $482K, and $482K+.
The exact metric, reference period, source, rounding method, and treatment of range boundaries are documented in the Resolution Rules below.