Q3 2026 Market Report: Cheesman Park, Cherry Creek, Congress Park, and Country Club

Q3 2026 Market Report

Cheesman Park - Cherry Creek - Congress Park - Country Club

By David Schlichter

As we wrap up the third quarter of 2026, I thought it would be valuable for you to get an update on how our neighborhood real estate market has performed.

Higher interest rates have slowed the pace of the market overall, and that shows up in our numbers. Through the first nine months of the year, homes across Cheesman Park, Cherry Creek, Congress Park, and Country Club are taking 50% longer to sell, with average days on market at 47 compared to 31 at this point last year. Even so, selling activity has held up well; 202 homes have sold year-to-date, up 14.8% and more than in any of the past three years. In Q3 alone, 62 homes sold, up 24% from Q3 2025.

Still, the slower pace of the market has created a massive opportunity for buyers. Active listings in our neighborhoods grew from 44 in January to 77 in September, and across Denver there are now more homes for sale per buyer looking than at any point since at least 2014. The vast majority of deals in the Denver market now include a price discount and a seller concession that can be used toward the buyer's closing costs and/or to buy down their mortgage interest rate.

Of course, our four neighborhoods are not moving in lockstep. As an example, in Congress Park, 75% of buyers are using conventional financing, while in Cherry Creek, 57% are paying cash. In Congress Park, 33 homes sold in Q3, up 43.5% YOY, with a median of just 7 days on market. In Cherry Creek, 13 homes sold and the median sale price rose 60.6% to $2,700,000, with September ending with 27 active listings (the most of any of our four neighborhoods). Country Club saw 11 sales, more than double last year’s Q3, but homes there sold for an average of 93.3% of original price, giving buyers the most room to negotiate. In Cheesman Park, homes that sold did so in an average of 21 days, 27.6% faster than last year. As you can see, this market is highly nuanced.

Our team continues to deliver exceptional results for our clients, even in a market where outcomes vary from one home to the next. In Q3, the Schlichter Team sold 24.9x more real estate than the average Denver metro area agent and generated 2.2x more showings per listing. Our listings also closed at a sale price $437,436 higher than the average Denver metro area agent, with a close-to-original-price ratio that was 3.4% higher.

As someone who lives in (and is personally invested in) this special part of the city, I’m especially motivated to advocate for our neighborhoods and the people who call them home. If you’re considering buying or selling a home sometime in the near future, or simply want to talk through what is happening in the real estate market, please don’t hesitate to reach out. I’d love to help.

Q3 2026 Neighborhood Sales