Denver Market Update | We’ve officially hit the 4th Quarter — summer’s behind us, the kids are back in school, and routines are back in full swing. And just like the changing leaves, the real estate market is shifting too.
This is the perfect time to pause, recalibrate, and look for opportunity. Inventory remains strong with over 13,000 Active Listings across the Denver Metro area. New Listings, Pendings, and Closings are all holding steady, right in line with the past couple of years. The Average Price for a Single-Family Home stayed around $768,000 in September, but homes are taking longer to sell — now averaging 53 days on market, up more than 32% from last year.
Sellers: Pricing strategy is everything right now. The best agents are focusing less on what sold months ago and more on what’s currently competing with your home. Today’s buyers are savvy, and you need to be positioned ahead of the curve.
Buyers: Good news — affordability has improved. With the Fed easing rates, mortgage rates have dropped into the high 5s to low 6s, and prices have softened in many areas. This combination makes it one of the best buying windows we’ve seen all year. If you’ve been waiting for your moment, this is it.
I’m always here to help you make smart moves in this market — whether buying, selling, or just strategizing your next step.
