October News Update
A quick look at the latest Denver Metro housing market trends, including inventory, home prices, days on market, buyer activity, and what current conditions mean for buyers and sellers.
Denver Metro Market Update
The Denver Metro housing market continued to shift toward a more balanced pace in September, giving buyers more choices and more room to negotiate.
The median close price for residential properties was $575,000, down 3.20% from August. At the same time, active inventory climbed to 13,567 homes, an increase of 3.72% month-over-month.
That additional inventory is one of the biggest changes buyers are feeling right now.
Buyers Have More Breathing Room
Denver Metro ended September with 4.76 months of inventory, up 11.74% from the previous month. That means buyers generally have more time to compare properties, review condition and consider whether there may be room to negotiate.
Homes are also taking longer to sell. The median property spent 32 days in the MLS, up 18.52% from August.
For buyers, that can create opportunities to negotiate items such as price, closing costs, inspection concerns or seller concessions.
Sales Activity Slowed
There were 2,849 closed sales during September, down 11.71% month-over-month. Pending sales also declined 6.07% to 2,908, while new listings remained nearly unchanged at 4,887.
September sales volume totaled approximately $2 billion, down 14.61% from August.
These numbers do not mean homes are no longer selling. They show a market where buyers are being more selective and sellers may need to pay closer attention to pricing, condition and competition.
What This Means for Denver Buyers and Sellers
For buyers, more inventory may mean better negotiating opportunities than we have seen in recent years, especially on homes that have been sitting on the market or need updates.
For sellers, simply putting a home on the market may not be enough. Pricing realistically and understanding how the property compares with nearby competition is increasingly important.
Denver is continuing to move away from the fast-paced market many homeowners became accustomed to. That can create challenges, but it can also create opportunities for buyers and sellers who understand how to work within the current market.
Market data provided by the Denver Metro Association of Realtors® September 2026 Market Trends Report.
Know your value. Know your options.
Do you know what your home could sell for?
What's Your Home Worth?
Your home is likely one of your biggest financial assets, so knowing its current market value can be helpful even if you are not planning to sell anytime soon. Home values can change based on recent neighborhood sales, market conditions, interest rates, property condition, and improvements you have made over the years.
Having an updated idea of what your home could sell for can help you make better decisions about renovations, refinancing, future moves, investment opportunities, or simply understanding how much equity you may have built.
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Bobby Vigil with Three Point Mortgage provides honest guidance, competitive loan options, and personalized support throughout the home-buying process. With access to more than 70 investors, Bobby works to find financing that fits each client’s needs while keeping the experience clear, responsive, and as stress-free as possible. His goal is to be a trusted mortgage partner for life.
