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What’s happening in the Denver market in September and what does it mean for buyers and sellers?
Here’s the short answer: The REcolorado data show a stable but more balanced market in the Denver metro area. Buyers have more choices and slightly more time to act, while sellers who are well-prepared can still find success—but they’ll need to be strategic.
Year-Over-Year Snapshot
- Closed sales rose to 3,506 homes, up about 7% from September 2024. REcolorado+1
- Homes under contract reached approximately 3,883, up ~4% year-over-year. REcolorado
- The median closed price is $586,000, up 2% compared to last year. REcolorado
- Time on market lengthened: median days on market hit 37 days, which is about 10 days longer than September last year. REcolorado
- New listings were down ~2% year-over-year, meaning fewer fresh homes came on the market than last year. REcolorado
What this means: Demand remains alive in the Denver metro area, but supply and buyer behaviour are shifting in a way that gives more breathing room—especially for buyers. Sellers still have opportunities, but those opportunities require sharper pricing and presentation.
Month-Over-Month Dynamics (August → September)
- Closed listings dipped slightly by ~2% to 3,506 homes. REcolorado
- Pending contracts edged down about 1% to ~3,599. REcolorado
- Median closed price held at $586,000 but edged down about 1% compared to August. REcolorado
- Homes spent a median of 37 days on market, about 5 more days than in August. REcolorado
- New listings rose ~6% month-over-month, giving buyers a bit more choice for this time of year. REcolorado
What this means: As we move into fall, the market isn’t in rapid change but is gradually shifting. Inventory is picking up, sellers are facing a little more time to market, and buyers are in a position to act more deliberately.
Final Takeaway
For the Denver metro area in September 2025: the housing market remains functional and stable. Buyers are not watching price collapse—but they are gaining more comfort and choice. Sellers aren’t disadvantaged yet—but they’re no longer in a market where everything sells instantly. Whether you’re buying or selling, success will come down to preparation, realistic expectations, and strategy.
Implications for Sellers
- While closed sales are up year-over-year, market pace is slowing compared to a year ago.
- With homes staying on market longer (37 days median), pricing and presentation become more critical.
- A small drop in new listings year-over-year means less competition for now—but that could change.
- Sellers who price right, stage well, and market smartly are more likely to capture interest.
If you’re looking to make a move in this climate—whether buying or selling—now is a smart time to plan ahead and be strategic.
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