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Market Update September 3, 2026
Monthly Recap August
|
$594,495 Median Close |
13,080 Active Listings |
27 Days Median in MLS |
Sales fell 18.99% from July and 17.35% from last August. That's a real drop, and it's steeper than anything the year has averaged. Year to date, sales are down 3.49%, so August ran well below the pace the rest of 2026 has set.
Inventory moved differently. Active listings ended August at 13,080, down 0.27% from July and up 0.16% from a year ago. Through most of this year, listing counts have run well ahead of 2025 levels, and that cushion is where buyers found room to negotiate. It's now down to roughly nothing.
The makeup of those listings changed underneath the flat total. Detached listings ended the month at 8,645, down 4.21% from last August. Attached finished at 4,435, up 9.94%. Year-over-year growth in Metro Denver listings now comes entirely from condos and townhomes.
Detached listings ended August 4.21% below last year, while attached listings ran 9.94% above.
Median close price came in at $594,495, within a quarter percent of last August. Homes that sold moved faster than they did a year ago, with median days in MLS at 27 against 30. Sellers collected 98.54% of list price, against 98.51% last August. Fewer households transacted in August, and the ones that did saw terms similar to 2025.
August is one month. Year to date the median sits at $599,990, up 0.17%, and the market has run near flat all year. September will say more about whether August was a shift or a slow month.
Attached homes carry 6.77 months of inventory against 3.58 months for detached. The median came in at $370,000, down 4.87% from last August, while detached held at $649,500, essentially even year over year. Attached homes took a median of 45 days to sell against 24 for detached, and sales fell 23.48% from last August. Negotiating room is concentrated here.
All Residential
|
Median Close $594,495 MoM -1.74% YoY +0.25% |
Avg Close $728,127 MoM -0.57% YoY +1.75% |
|
Closed Sales 3,068 MoM -18.99% YoY -17.35% |
Active EOM 13,080 MoM -0.27% YoY +0.16% |
|
Avg Days in MLS 46 MoM +12.20% YoY -2.13% |
Detached
|
Median Close $649,500 MoM -1.59% YoY -0.06% |
Avg Close $809,736 MoM -0.57% YoY +1.70% |
|
Closed Sales 2,413 MoM -18.73% YoY -15.51% |
Active EOM 8,645 MoM +0.71% YoY -4.21% |
|
Avg Days in MLS 42 MoM +16.67% YoY -4.55% |
Attached
|
Median Close $370,000 MoM -2.63% YoY -4.87% |
Avg Close $427,483 MoM -1.55% YoY -4.26% |
|
Closed Sales 655 MoM -19.93% YoY -23.48% |
Active EOM 4,435 MoM -2.12% YoY +9.94% |
|
Avg Days in MLS 62 MoM 0.00% YoY +5.08% |
For Buyers
If you're shopping detached, there are 4.21% fewer homes listed than last August, though the count did tick up slightly from July. At 3.58 months of inventory there's still room to negotiate, but the year-over-year cushion that shaped the spring isn't there anymore. Condo and townhome buyers are working in a different market: 6.77 months of inventory, prices down 4.87% from last year, and sellers who have been sitting a while.
For Sellers
Detached sellers faced fewer competing listings in August than a year ago, and the typical detached home went under contract in 24 days. The average was 42, so the tail of slower listings runs long. Where a home falls in that spread depends mostly on how the price reads against current comps rather than last spring's. Attached sellers are working against more inventory and fewer buyers than last year, with a 45-day median. Treat the first two weeks of showing feedback as pricing data instead of waiting a month to act on it.
To see real-time market conditions in your neighborhood, log in to your RealScout account for hyper-local data and market insights. Track real-time conditions near you.
Sources: DMAR Market Trends Report, August 2026; REcolorado MLS.
During the last week:
New Listings – 1548
Back On Market – 304
Price Increase – 95
Price Decrease – 2554
Pending – 1069
Withdrawn – 224
Closed – 1222
Expired – 915
Previous Week:
New Listings – 1543
Back On Market – 292
Price Increase – 105
Price Decrease – 2457
Pending – 1130
Withdrawn – 223
Closed – 922
Expired – 528
—
Based on data from REColorado®
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