Denver Metro Market Update
Week of July 2, 2026
|
$615,000
Median close, May
|
16 days
Median in MLS
|
−10%
New listings, MoM
|
Half the home buyers in Metro Denver will be at a barbecue this weekend. The other half are walking through a house you have for sale, and that split tells you almost everything about how the Fourth of July works in our market.
Showing traffic thins out over the Fourth of July holiday. That's why plenty of agents quietly hold their new listings until the following week. But the buyer who skips the cookout to tour a home on the third or the fifth is there to buy. That person gave up a day they could be at the pool, a ballgame or a museum to look at your kitchen. Agents around the country say the same thing every July: the holiday crowd is smaller. And it is the most committed group of the season.
Fewer buyers walk through the door this week. The ones who do are ready to write an offer.
The calendar is turning
The Fourth also sits right on the hinge of the selling year. The busiest stretch runs March through June, and activity usually eases into the back half of summer. You can already see the turn in the numbers. New listings across Metro Denver dropped 10 percent from April to May, the seasonal cool-down after the spring rush. The median close price held at $615,000, and well-priced homes still went under contract in about 16 days.
Here is the honest part. The last three years in Denver have been flat enough that the usual summer fade might barely show up this time. DMAR called this spring "steady instead of seasonal." The pattern says the season tips here. Whether it tips much this year is something none of us can promise from the first week of July.
For buyers
This is one of the quietest competition weeks you will see until the holidays. Fewer people at the open house means more room to think, and a seller who is still listed through the Fourth is usually a seller who wants to move. If you have been waiting for a little breathing space, this is it.
For sellers
Do not read a light showing count this week as a soft market. The traffic is thinner, but the quality is higher. One motivated buyer who blocks out holiday time is worth a dozen weekend browsers. Keep the home available and easy to show, even if it means leaving the party early.
On rates
The 30-year held at 6.6 percent heading into the holiday, per Mortgage News Daily. A short trading week rarely moves much, so the next real read comes after the Fourth.
Enjoy the weekend. If a home does catch your eye between the grill and the fireworks, that instinct is worth a call.
Sources: REcolorado May 2026 Housing Market Reports; DMAR Market Trends. Seasonal showing patterns reflect national agent reporting.
During the last week:
New Listings – 1901
Back On Market – 331
Price Increase – 98
Price Decrease – 2559
Pending – 1288
Withdrawn – 177
Closed – 1112
Expired – 438
Previous Week:
New Listings – 1944
Back On Market – 323
Price Increase – 98
Price Decrease – 2411
Pending – 1334
Withdrawn – 187
Closed – 1252
Expired – 419
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Based on data from REColorado®
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| 30-Year Fixed Mortgage Rate 6.60% Up from 6.53% last week. Source: Mortgage News Daily · 7/2/2026 |
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