Denver Metro Market Update

What the July numbers say about buying and selling in Denver right now.

Inventory eased back from its summer high, sales held roughly steady, and prices kept inching upward, giving buyers a bit more room without giving sellers much less.

−16.9%
Active listings, year over year, all properties
−2.0%
Sold listings, year over year, all properties
+2.6%
Median sales price, year over year: $590,000
Denver Market Report for July 2026 over the Denver skyline

Single family vs. townhouse-condo

The two segments are telling different stories this month: single family homes are moving faster and pricier, while condos are sitting longer.

Single Family

July 2026
Median sales price $635,500+1.4%
Active listings 12,732−19.5%
Days on market 39−4.9%
Under contract 3,485−0.3%
Pct. of list price received 98.9%+0.2%

Townhouse-Condo

July 2026
Median sales price $380,750−3.0%
Active listings 5,487−10.0%
Days on market 63+14.5%
Under contract 880−12.3%
Pct. of list price received 98.5%+0.2%

The national backdrop

Nationally, the median existing-home price reached a record $440,600 in July, up 1.8% from a year earlier, marking the 36th consecutive month of annual price growth, according to the National Association of REALTORS®.

Inventory nationwide sits at 1.56 million properties, a 4.6-month supply at the current sales pace. Locally, Denver metro's pullback in active listings suggests the same tightening is underway here, even as prices continue their slow climb.

28 days
National median time on market
33%
Of purchases made by first-time buyers
4.6 months
National supply at current sales pace

Sold listings by price range

All properties, year over year, rolling 12 months.
Price range 7-2025 7-2026 Change
Under $100K106137+29.2%
$100K – $199K729934+28.1%
$200K – $299K2,4152,531+4.8%
$300K – $399K5,4855,355−2.4%
$400K – $499K8,8728,968+1.1%
$500K – $699K17,38416,403−5.6%
$700K – $999K10,43210,236−1.9%
$1.0M – $2.0M5,1225,323+3.9%
$2.0M and above1,0901,187+8.9%
All price ranges51,63551,074−1.1%

Total market at a glance

All properties combined, single family and townhouse-condo, July 2026 vs. July 2025.
Metric 7-2025 7-2026 Change
Active listings21,93518,232−16.9%
Under contract4,5004,365−3.0%
New listings6,9806,865−1.6%
Sold listings4,7244,628−2.0%
Days on market44440.0%
Median sales price$575,000$590,000+2.6%
Average sales price$688,537$706,650+2.6%
Pct. of list price received98.6%98.8%+0.2%
Housing affordability index7069−1.4%

Where the year stands so far

Year-to-date figures through July, single family and townhouse-condo.

Single Family

Year to date 2026
Median sales price $626,500−0.4%
Average sales price $757,195+0.5%
New listings 37,110−4.4%
Sold listings 24,089+0.2%
Days on market 48+6.7%
Affordability index 700.0%

Townhouse-Condo

Year to date 2026
Median sales price $391,500−1.9%
Average sales price $453,212−0.6%
New listings 12,320−3.7%
Sold listings 6,029−7.5%
Days on market 63+14.5%
Affordability index 115+2.7%

Active inventory by price range

All properties, year over year, a snapshot at the end of July.
Price range 7-2025 7-2026 Change
Under $100K4154+31.7%
$100K – $199K360462+28.3%
$200K – $299K1,2981,363+5.0%
$300K – $399K2,2012,028−7.9%
$400K – $499K3,0792,614−15.1%
$500K – $699K6,2615,114−18.3%
$700K – $999K4,5423,442−24.2%
$1.0M – $2.0M3,0462,248−26.2%
$2.0M and above1,106906−18.1%
All price ranges21,93518,232−16.9%

What it means, depending on where you sit

For buyers

Reading the market

Active inventory is down sharply year over year, but that's coming off a summer peak; there's still more to choose from than there was in the tight years of 2021 to 2022. Condos in particular are sitting longer (63 days, up 14.5%), which gives buyers more negotiating room in that segment than in single family.

Sellers are still receiving close to full price on average (98.5% to 98.9%), so lowball offers remain a hard sell, though the days of multiple-offer chaos have eased.

For sellers

Reading the market

Single family homes are still appreciating (+1.4% year over year to $635,500) and moving faster than they were a year ago, at 39 days on market, down from 41. Pricing and presentation matter more than they did at the market's peak, since buyers have more listings to compare against.

Condo sellers face a tougher backdrop: prices are down 3.0% year over year and homes are taking noticeably longer to sell. Realistic pricing from day one matters most in this segment right now.

Thinking about your next move in this market?

Whether you're weighing a listing now or watching for the right window, I can walk you through what these numbers mean for your specific street and price point.

Get in touch with Felix
Felix Luck, REALTOR at SERHANT. Denver
Felix Luck
REALTOR® — SERHANT. DENVER