If you are following Denver housing market trends right now, one thing is clear: condos and single-family homes are no longer moving together. In July 2026, single-family homes in the metro went under contract in a median of 22 days, while the median condo took 43 days.
Article Summary
The split comes down to supply. Single-family inventory is smaller than it was a year ago while condo inventory grew close to 20 percent, with townhomes sitting between the two. That gap is what stretches condo time on market to nearly double the detached-home figure, and it is why a single metro-wide number cannot describe both halves of this market at once.
Is the Denver housing market good or bad right now?
It depends on what you own. Here is July 2026 by property type:
| Property type | Median days on market | Months of supply | Supply vs last July |
|---|---|---|---|
| Detached homes | 22 days | 2.8 months | down 3.4% |
| Townhomes | 34 days | 3.9 months | up 8.3% |
| Condos | 43 days | 6.1 months | up 19.6% |
A condo seller is waiting about three weeks longer than the owner of a comparable detached home, in the same metro and the same month.
Denver housing market trends hide three different markets
REcolorado reported a metro-wide median of 22 days on market for July 2026, along with a median price of $605,000 and 3,669 closed sales. Because single-family homes make up the vast majority of transactions, that overall figure reflects the single-family market almost entirely—offering condo owners very little insight into their own situation.
The headline stat isn’t inaccurate, but it is heavily weighted toward detached homes. That makes it virtually useless as a benchmark if you are pricing or selling an attached property.
Why is the Denver condo market slower than the single-family market?
Supply. The two categories are moving in opposite directions: condo inventory grew by close to a fifth over the year while single-family inventory shrank. More condos competing for roughly the same pool of buyers shows up first as longer time on the market, and only later as price reductions.
Time on the market is climbing faster on the attached side too. Condo days rose 22.9 percent from last July and townhomes 25.9 percent, against 10.0 percent for detached homes.
Condos finished July at 6.1 months of supply. For reference, REcolorado describes four to six months as a balanced market, with a higher number reflecting fewer buyers relative to homes for sale. Condo supply is rising and detached-home supply is falling.
Townhomes are not condos, and the gap is widening
Townhome inventory sits more than two months of supply below the condo figure, and it grew at less than half the condo rate over the year.
Almost every market summary reports condos and townhomes as a single bucket. A townhome owner reading condo headlines is looking at the wrong number: 3.9 months of supply, not 6.1.
What should you do if you own a condo?
Plan for about six weeks on the market instead of three, and price against your own property type rather than the metro headline. A condo priced against the 22-day detached-home figure is priced against the wrong market.
Have the HOA documents, dues history and any assessment record ready before the first showing. With 6.1 months of condo supply, buyers have time to compare buildings, and unanswered HOA questions are an easy reason to move on. A home valuation is the place to start if you want to see where your unit actually stands.
For buyers, time is the leverage
Time is the advantage a condo buyer has and a detached-home buyer does not. At 6.1 months of supply, condo listings are competing for the same buyers, and a unit well past the 43-day median has been sitting roughly twice as long as the metro norm.
Read the HOA financials before you commit to a unit. Reserve balances, pending assessments and the building’s insurance will shape your monthly cost and your resale more than any finish will. Current inventory is on my new listings page, and the month-by-month numbers live in my Denver market reports.
Frequently Asked Questions
Budget for roughly six weeks of market time. The median Denver-area condo went under contract in 43 days in July 2026, and detached homes took less than half that.
Condo inventory reached 6.1 months of supply in July 2026 against REcolorado’s four to six month balanced range, so condos have reached the edge of balanced and moved past it. Detached homes at 2.8 months remain firmly in seller territory.
No. Townhome inventory sits at 3.9 months and grew 8.3 percent over the year, while condo inventory reached 6.1 months on nearly 20 percent growth. Townhome owners hold meaningfully more pricing power.
$605,000 in July 2026 across the eleven-county metro, 3 percent higher than a year earlier, on 3,669 closed sales.
Because the average is mostly detached homes. The metro-wide median of 22 days in July 2026 is driven by single-family volume, while the median condo took 43 days and condo supply reached 6.1 months. Against condos specifically, about six weeks is the normal pace right now, not a signal that your listing is failing.
Call me at 303-210-6156 or reach out through karinjacoby.com. I have been selling homes in Littleton and across the Denver metro area since 1999.
— Karin Jacoby, Dream Realty