Denver Metro Area Real Estate Market Update
By David Schlichter
October in Denver is hard to beat: golden foothills, sweater-weather evenings, and a calendar full of reasons to get out of the house.
Although interest rates are still on the higher side compared to where they've been over the last several years, we've got great news for buyers: there are currently more homes for sale per buyer looking than at any point since at least 2014 (that's the furthest back we could go to have reliable data for this metric!), and the vast majority of deals in the Denver market are now including a price discount and a seller concession that can be used to buy down the buyer’s rate.
Denver Real Estate Market Update
You may have heard that high interest rates are causing a slowdown in the Denver housing market, and that is completely true. But that very same dynamic is also creating some fantastic opportunities for buyers.
In September of 2026, the average Denver metro area list price of all homes, regardless of property type, was $737,698. The average deal also closed with the seller providing the buyer $12,644 in seller concessions (which are essentially credits to help the buyer with their closing costs and/or to buy down their interest rate). So, even though interest rates are relatively high at the moment, the average buyer is saving about $50,000 when they buy a home in the current market conditions!
When you pair that fact with the fact that there are more homes for sale per buyer looking than at any point since reliable MLS data was available, this "tough" time to be a buyer might actually be one in which you can not only get a great deal on a house, but also have way more options from which to choose. If you've been thinking about buying a home, we should connect as soon as possible. We'd love to help you make the most of these market conditions!
Denver Metro Area: September Market Stats
Included Counties: Adams | Arapahoe | Broomfield | Denver | Douglas | Jefferson
Source: REcolorado and ShowingTime, residential, all property types, September 2025 vs. September 2026 (accessed 10/06/2026).
Source: REcolorado and ShowingTime, residential, all property types, August 2026 vs. September 2026 (accessed 10/06/2026).
