Denver home sales just hit their lowest September on record: 2,849 closings, down 21% from a year ago and the fewest for any September since 2008. If you want to buy a house in Denver or sell a home in the Denver metro, this is a buyer's market with 4.76 months of supply, homes selling below list price and more room to negotiate than any fall since the housing crash. The Denver Metro Association of REALTORS released the September 2026 numbers on October 3. Here is what they mean for your move.
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Denver metro homes $550K to $650K for sale, updated daily
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Denver metro homes $550K to $650K for sale, updated daily Market Stats
1230
Homes Listed
68
Avg. Days on Site
$326
Avg. $ / Sq.Ft.
$600,956
Med. List Price
2,849
September closings
Down 21% from a year ago, fewest since 2008
13,567
Homes for sale
4.76 months of supply in metro Denver
98.45%
Sale price to list price
Buyers pay below asking
32 days
Median days on market
Down from 35 a year ago
Is the Denver housing market crashing?
No. Sales fell, prices did not collapse. The 2026 year-to-date median price for a single-family home in metro Denver is $650,000. What changed is the number of buyers who closed. Pending sales slipped 6% to 2,908, a slowdown, not a freefall. Mortgage rates near 7.3% to 7.5% kept buyers on the sidelines all summer. Read why Colorado inventory is piling up and what half a point of rate costs.
Metro Denver, September 2026
What the 2008 low means if you are buying
You have choice, time and bargaining power. With 13,567 homes for sale, you can tour, compare and negotiate. Homes closed at 98.45% of list price, so a $600,000 home sold for about $590,700. Ask the seller for a price cut, a rate buydown or closing costs. Read how to ask for seller concessions in Colorado and run your budget with can I afford a home now.
Sales over $1 million are up 2% for the year: 4,449 closings and $7.30 billion in volume. Luxury homes sold in a median of 21 days. The top sale of 2026 so far is 31 Albion Place in Castle Rock at $7.4 million. See Castle Rock luxury homes and Denver luxury homes.
What to do this week
Buyers: get pre-approved, then make offers below list with a seller credit. See Colorado home financing.
Sellers: price to the last 90 days of sales and offer a rate buydown in the listing.
Mortgage rates near 7.3% to 7.5% pushed buyers to the sidelines. Metro Denver closed 2,849 homes in September 2026, the fewest for any September since 2008, while 13,567 homes sat on the market.
Are Denver home prices dropping?
Single-family prices are holding: the 2026 median is $650,000. Condo and townhome prices fell 6% from a year ago to a $365,500 median in September 2026.
Is it a buyer's market in Denver?
Yes. Metro Denver had 4.76 months of supply in September 2026 and homes sold at 98.45% of list price. Buyers negotiate on price, closing costs and rate buydowns.
Should I sell my Denver house now?
Sell now if you price to recent sales. Buyers skip overpriced homes in a 4.76-month market. A Smart Pricing Report built on September closings sets the right number on day one.
Are luxury home sales down in Denver?
No. Sales over $1 million are up 2% for 2026, with 4,449 closings and $7.30 billion in volume, and luxury homes sold in a median of 21 days.
Call or text 303-955-4220. A live person answers. Not a robot, not a phone tree.
Brian Lee Burke, the hardest working man in real estate
Kenna Real Estate Group at Keller Williams DTC. Helping You With Your Pad™ since 2002.
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WRITTEN BY
Brian Lee Burke
Team Leader and Licensed Broker, REALTOR® since 2002, Author
Brian Lee Burke is the founder and team leader of Kenna Real Estate Group, a real estate team at Keller Williams DTC. A licensed REALTOR® since 2002, Brian helps Colorado buyers and sellers navigate residential real estate, new construction, pricing, and negotiation. He is also the author of The Real Estate Playbook and Mastering Real Estate: Your Guide to Becoming a Top Agent.
Team Leader and Licensed Broker, REALTOR® since 2002, Author
Brian Lee Burke is the founder and team leader of Kenna Real Estate Group, a real estate team at Keller Williams DTC. A licensed REALTOR® since 2002, Brian helps Colorado buyers and sellers navigate residential real estate, new construction, pricing, and negotiation. He is also the author of The Real Estate Playbook and Mastering Real Estate: Your Guide to Becoming a Top Agent.
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