10/29/2026
📊 September 2026 Denver Real Estate Market Stats 📊
Rates finally picked a direction, and it wasn’t down. Here’s where Denver stands 👇
📈 Mortgage rates climbed to about 7.5% by month’s end, and the Fed raised rates for the first time since July 2023
📉 Closed sales: 2,849, the fewest September closings on record (dating back to 2008)
🏡 Detached year-to-date median price: $650,000, matching each of the past two years
⏳ Median days on market: 32, down from 35 last September
💰 Sellers are getting 98.45% of list price, up from 98.32% a year ago
📦 Active listings: 13,567, with 4.76 months of inventory
🔑 Buyers, this is your window:
• Condos and townhomes have 7.21 months of inventory and a median price of $365,500 (down 6.3% year-over-year)
• Rate buydowns, seller-paid concessions and adjustable-rate loans are all on the negotiating table
• Q4 brings less competition than any other time of year
💎 Luxury ($1M+) is bucking the trend: Year-to-date sales are UP 2% while the overall market is down 5%. Sales volume hit $7.30 billion, and these homes are selling in a median of just 21 days. The top sale was a 10,000+ sq ft Castle Rock home that sold for $7.4 million in cash.
The takeaway: the opportunities don’t depend on rates falling. They belong to buyers and sellers with the right people in their corner. 💬 DM me to talk strategy.
Source: Denver Metro Association of Realtors® (DMAR), September 2026 Market Trends Report
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Source: Denver Metro Association of Realtors® (DMAR), August 2026 Market Trends Report