The Denver metro area had 2,757 home sales in October, 21% fewer than last October and the fewest of any October in the last five years.
Prices held steady. The median sale price was $592,000, less than 1% above last October and 3% above September.
October 2026 by the numbers
REcolorado, the database real estate agents use, reported these numbers for October. Each one is compared to last October.
- Median sale price: $592,000, up less than 1%
- Homes sold: 2,757, down 21%
- New listings: 4,065, down 9%
- Homes that went under contract: 2,573, down 20%
- Median days on the market: 31, four days faster than last year and two days faster than September
- Homes for sale: 12,807, up 6% (about 20 weeks’ worth at the current pace of sales, five weeks more than a year ago)
Single-family houses held their price. Their median was $649,000, about the same as last October’s $650,000. They sold in a median of 27 days, six days faster than a year ago. Condos and townhomes came in at $401,000, down from $410,000. They took a median of 48 days to sell, six days longer than last October.
If you’re buying
If you’re holding out for prices to drop, I wouldn’t. You also don’t have to rush. There are 6% more homes for sale than a year ago and 20% fewer went under contract, so you have time to think about the home you’re going to make an offer on and get your inspection done without racing anyone. Condos and townhomes give you the most time, since the typical one took 48 days to sell. You can also ask the seller for what you need, like money toward repairs or help lowering your interest rate. My post on interest rate buydowns explains how. Start with the newest listings.
If you’re selling
Homes sold faster than a year ago, but 6% more are for sale and fewer are going under contract, so have your house ready the day it hits the market. Listing your home and then making repairs you knew in your heart you need to just wastes precious time on the market. October’s 2,757 sales against 12,807 homes for sale give an absorption rate of about 22%. My post on how absorption rates work explains what that means for your price. Base your price on what has sold near you in the last couple of months. Homes that are priced right are still selling.
In my experience, the slowest stretch of the year is the weeks between Thanksgiving and Christmas.
These numbers cover the whole Denver metro area, and your neighborhood may not match them. To find out what homes near you have sold for, call me at 303-210-6156 or request a home valuation.
All figures are from the REcolorado October 2026 Housing Market Report and its Market Watch report, published November 5, 2026, covering Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson and Park counties. September’s numbers are in my September 2026 Denver Metro market report. Earlier months are in my Denver Metro market reports archive.