Market Report | September

In September, the Denver housing market showed continued signs of cautious balance, echoing a pattern that’s been unfolding throughout the year. Inventory levels remained elevated compared to prior years, giving buyers more options and negotiating power. Homes that were well priced and in strong condition continued to attract interest, while listings that were overextended in pricing or needed significant repairs tended to linger longer on the market. Buyer activity was steady but not robust—many prospective buyers remained on the sidelines, watching interest rates and economic signals before pulling the trigger.

On the pricing front, median sale prices held relatively steady, showing only modest month-to-month fluctuation rather than dramatic gains or losses. Days on market crept upward slightly, reflecting a more deliberate pace among both buyers and sellers. In markets segmented by price and location, lower to mid-range homes moved more quickly, while luxury and high-dollar segments experienced slower absorption. Overall, September’s performance reinforced the narrative that Denver’s housing market in 2025 is driven not by frenzy but by prudence, with success dependent on realistic expectations, smart pricing, and strong property presentation.