Denver Market Update | August 2026

 
99
Word Market Update
Greater Denver Metro · August 2026
The Read
So, how's the market in the Denver Metro?
Sales slowed a lot, but prices barely moved.

Far fewer homes sold. Closings fell 13% to 3,118, the fewest August sales in five years.

Prices held steady. Median close was $595K, even with last August and $10K under July.

Homes took longer to sell. Median days in MLS rose to 29, up 7 from July, 3 under last August.

Mortgage rates climbed. Freddie Mac's national average hit 6.95% on September 17, versus 6.26% a year ago.

Higher rates will stop some buyers, but inventory is 18 weeks deep, up from 13 in June, and carefully priced homes still sell.
One city, two markets
Median days in MLS, August 2026. The metro figure of 29 hides this split.
Detached homes
24 days
Condos & townhomes
46 days

Detached / attached split: REcolorado Market Watch, 11-County Greater Denver Metro, August 2026. Median closed price: detached $650K, attached $389K.

$595K
Median Close Price
29
Median Days in MLS
13,211
Active Listings
-7%
Pending, Year over Year
Source: REcolorado Market Watch, 11-County Greater Denver Metro, August 2026. Mortgage rate: Freddie Mac Primary Mortgage Market Survey, national weekly average, September 17, 2026, cited as context only.
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Denver Market Update | July 2026