Denver Real Estate Market Update: What to Expect This Fall
As we move into fall, Denver’s real estate market is shifting. After years of red-hot growth, things are cooling off a bit—and both buyers and sellers are feeling the change. Here’s a look at where the market stands right now and what we can expect in the months ahead.
The Current Market Snapshot
Prices Are Softening
The median sale price in Denver was about $575,000 in August 2025, down roughly 1.7% from last year. Across the metro, housing values dipped by nearly $10 billion over the past year, a modest but telling correction.
Inventory Is Rising
Buyers finally have more choices. Single-family homes now sit at about 4.1 months of supply, while condos and townhomes are at 5.6 months—a clear sign the balance of power is shifting away from sellers. Many homes are also sitting longer, with the average at 43 days on the market.
Demand Is Cooling
Sales volume is down more than 13% year-over-year. Buyers are being cautious, stretched by mortgage rates and affordability. Sellers are responding with incentives, over 60% of closings in some areas now include concessions.
Interest Rates Still Sting
Mortgage rates hover between 6.0% and 6.5% for a 30-year fixed. While that’s better than last year’s highs, it’s still keeping many buyers on the sidelines.
Not All Homes Are Equal
Move-in ready homes in desirable neighborhoods are holding value better. Condos and homes needing work? They’re seeing more price cuts and longer time on the market.
What This Means for You
If You’re Buying
Be patient but ready. Get pre-approved and know your budget. Look for motivated sellers and use your negotiating power.
If You’re Selling
Price realistically, stage thoughtfully, and consider offering incentives. The homes that shine, and are priced right, will still move.
If You’re Investing
Look for long-term value. With tighter margins, focus on strong neighborhoods and steady rental potential over quick flips.
Bottom Line
Denver’s market this fall is no longer the feeding frenzy of years past. Instead, it’s becoming more balanced, which is a welcome change for buyers, and a call for smart strategy from sellers.
Whether you’re ready to buy, sell, or just explore your options, having the right guidance matters more than ever.
Ready to talk about your next move? Book a Discovery Meeting with us today.
