The latest Denver Metro Association of Realtors (DMAR) Market Trends Report, released November 4, covers October 2026, and the headline is a slowdown in activity, not a drop in prices. Closings fell sharply, but detached home prices held essentially flat compared to last year. Here’s what happened in the Denver metro in October 2026.
The numbers at a glance
- Closed sales: 2,748 homes, down 8.58% from September and down 23.54% from October 2025. That’s the fewest October closings since 2010.
- Active listings: Around 13,000, slightly below September and 3.87% higher than a year ago.
- New listings: Down 16.70% from September and 9.02% from last October.
- Detached (single-family) median price: $645,000, up 1.57% from September and 0.64% below last October. Year-to-date median: $650,000, unchanged from 2025.
- Detached days on market: Median of 26 days, four days faster than a year ago. Homes closed at 98.55% of list price.
- Condo/townhome median price: $375,000, up 2.74% from September and 3.25% below last October.
- Condo/townhome days on market: Median of 48 days, up 17.07% year over year, closing at 97.69% of list price. Supply sits at more than seven months.
- Seller concessions: 65% of October sales included a concession, averaging $12,557.
DMAR Market Trends Committee Chair Amanda Snitker summed it up: “Fear continued to influence decisions in the Denver Metro real estate market throughout October.” Election uncertainty, elevated mortgage rates and affordability kept many buyers and sellers on the sidelines.
What this means for buyers
- You have leverage. With nearly two out of three sales including a seller concession, asking for help with closing costs or a rate buydown is normal right now.
- Condos and townhomes are a buyer’s market. More than seven months of supply and 48 median days on market mean more room to negotiate on price and terms.
- Good single-family homes still move. Detached homes sold in a median of 26 days, faster than last year. Well-priced homes in desirable areas aren’t sitting, so be ready to act when the right one comes along.
- Fall and winter can be a sweet spot. Fewer buyers are shopping, and the sellers who are listed are often motivated.
What this means for sellers
- Prices are stable. The detached year-to-date median is exactly where it was in 2025 and 2024. Your home hasn’t lost value, but the market won’t reward overpricing either.
- Price it right from day one. Homes closing at about 98.5% of list price tells you buyers are paying close to asking for homes priced correctly. Overpriced homes are the ones sitting.
- Plan for a concession. Building a closing-cost credit or rate buydown into your strategy can attract more buyers than a price cut of the same amount.
- Condo and townhome sellers need a sharper plan. With longer market times, presentation, pricing and pre-listing repairs matter more. See our guide to what to fix before selling your house in Denver.
- Listing this winter? Less competition can work in your favor. Read our tips for selling your home in winter in Denver.
The luxury market
Homes priced at $1 million and up were steady for the year: 4,878 closings year to date versus 4,890 last year. October luxury closings were down 24.05% year over year, but well-presented luxury homes sold quickly, with a median of just 17 days on market compared to 34 days last October. Luxury sellers have received 98.27% of list price year to date. The highest-priced detached sale of the month was in the foothills: a home on Timbers Drive in Evergreen that closed at $7,224,000.
Mountain and foothill markets
Foothill communities like Evergreen and Conifer continue to draw luxury buyers, as October’s top sale shows. As we head into winter, mountain sellers should plan for snow, shorter days and the extra care that buyers expect around wildfire mitigation and access. Learn more in our guides to selling a mountain home in Colorado and wildfire mitigation for Colorado mountain homes.
Want numbers for your neighborhood?
Metro-wide numbers only tell part of the story. Values and market times vary a lot between Littleton, Highlands Ranch, Wash Park, Evergreen and everywhere in between. Request a free home value report or contact Herzog Properties for a personalized look at your area.
Source: DMAR Real Estate Market Trends Report, October 2026 data, released November 4, 2026. Figures cover the 11-county Denver metro area.