08/12/2026
July brought a meaningful shift in the Denver Metro housing market, with home prices continuing to rise while overall activity slowed.
Denver Metro Real Estate Market Update
July 2026
July brought a meaningful shift in the Denver Metro housing market, with home prices continuing to rise while overall activity slowed.
🏠 For-Sale Market
Year over year:
3,669 homes closed, down 2%
$605,000 median closed price, up 3%
Homes sold in a median of 22 days, 4 days faster than July 2025
5,450 new listings, up 2%
3,440 pending listings, down 3%
Active inventory declined 4%, with 15 weeks of supply
The takeaway: Well-priced, well-positioned homes are still attracting buyers quickly, even as overall transaction volume softens.
Month over month: July saw a broader slowdown following June. Closed listings fell 9%, median prices dipped 2%, new listings decreased 5%, and pending listings dropped 6%. Median Days in MLS increased to 22 days, marking the third consecutive monthly increase.
🏢 Denver Metro Rental Market
Rental pricing remained resilient even as leasing activity softened:
303 properties leased, down 11% year over year
$2,850 median leased price, up 2%
Median Days in MLS held steady at 30 days
Price per bedroom decreased 1% to $1,005
Price per square foot decreased 2% to $1.74
Bottom line: July's data points to a market where prices remain relatively strong, but buyers and renters are becoming more selective. For sellers and landlords, accurate pricing and strong positioning remain especially important.
Thinking about buying or selling?
Every neighborhood is different, and your home's value depends on much more than the overall market. If you're curious about what your home is worth or would like to discuss your real estate goals, I'd be happy to help.
📞 Call or text me today for a complimentary home value analysis or to discuss your next move!