Monthly Market Snapshot
- Median Sold Price: $580,000
- Average Sold Price: $714,506
- Active Listings: 24,918
- Sold Listings: 6,288
- New Listings: 9,309
- Days in MLS: 47
- Percent of List Price Received: 98.7%
- Months of Inventory: 4.0
Narrative Summary
Denver’s housing market entered its summer plateau in July. Median sold price landed at $580,000, down 1.7% MoM from June’s $590,000 and up 1.8% versus July 2025. Closed sales fell 7.6% MoM to 6,288 homes, a typical seasonal step-down after the June peak. Active listings rose 4.4% MoM to 24,918 but remain 4.8% below last year, pointing to a summer with more selection than the pandemic years yet tighter supply than 2025. Months of Inventory came in at 4.0, keeping Denver in balanced-market territory. For broader trend context, see our full 2026 Denver market analysis.
Home Prices
The July median of $580,000 sat below June’s $590,000, a normal mid-summer softening after the June peak. Year over year, the picture shifts: median price is up 1.8% and average sold price is up 3.3%, landing at $714,506. The gap between median and average signals that the upper end continues to hold its share of the volume, particularly in Cherry Creek and Wash Park where well-priced listings still draw multiple offers.
Homes sold at 98.7% of list price in July, up slightly from a year ago. The negotiation environment has widened compared to two years ago, but sellers who price accurately are still transacting near ask. Those who overshoot see the gap open up.
Inventory and Days on Market
Active listings finished July at 24,918, up 4.4% from June’s 23,861. The MoM build is normal seasonal accumulation, but the YoY read is more telling: even after that increase, Denver is carrying 4.8% less inventory than July 2025. Buyers have more choice than during the frenzy years, but not the flood some national headlines suggest.
Days in MLS moved from 44 in June to 47 in July, up 4.4% year over year. Months of Inventory settled at 4.0. Below 3 favors sellers, above 6 favors buyers. Four months puts Denver in negotiation range for both sides. For historical context, see our Denver housing market trends hub.
Buyer Interpretation
More inventory, slightly longer decision windows, and a market that rewards patience. Buyers who have been sitting out have room to tour, compare, and write thoughtful offers without the fear of losing a home overnight. Well-priced listings still move quickly, but homes with recent price reductions or extended time on market are where the strongest negotiation happens.
Focus your energy on accurately priced homes in neighborhoods you actually want to live in rather than stretching your budget on stale listings. Financing conversations matter more now that seller concessions and rate buydowns have re-entered the mix. For a full walkthrough, start with our Denver buyer’s guide.
Seller Interpretation
Pricing accurately from day one matters more than it did six months ago. Days in MLS are creeping up, inventory is building, and buyers have more comparable options. Homes priced to market are still selling at 98.7% of ask. Overshooting by even a few percent puts a listing into a slower segment with real risk of a later price reduction.
Presentation continues to separate winning listings from stalled ones. Professional photography, pre-listing preparation, a pricing strategy grounded in the last thirty days of comps, and a marketing plan that goes beyond a sign in the yard drive faster, cleaner transactions. See how Usaj approaches the process in our Denver seller’s guide.
Comparison to Recent Months
Month-over-month movement in the top three indicators:
- Median Sold Price: down 1.7% MoM ($590,000 to $580,000)
- Sold Listings: down 7.6% MoM (6,802 to 6,288)
- Active Listings: up 4.4% MoM (23,861 to 24,918)
The pattern is textbook mid-summer for Denver. June is the annual sales peak, and July steps down as transactions slow and inventory builds toward fall. Worth watching: whether that 4.4% inventory build continues into August and September. If it does, Denver could enter the fall shopping season with the deepest active inventory in several years.
Frequently Asked Questions
Is now a good time to buy a home in Denver?
The market has shifted toward balance. With 4.0 months of inventory and Days in MLS at 47, buyers have more options and negotiation room than in years past. Homes are still selling at 98.7% of list price, so well-priced listings move. There is real leverage now for buyers who are patient and precise.
Are Denver home prices still rising?
Year over year, yes. Median sold price is up 1.8% from July 2025 and average sold price is up 3.3%. Month over month, prices dipped 1.7%, a normal seasonal step-down between June and July. Appreciation has slowed from the double-digit pandemic years to a more sustainable low-single-digit pace.
How long does it take to sell a home in Denver right now?
The median home spent 47 days in the MLS in July, up from 44 in June. Homes priced accurately and prepared well typically sell faster than the median. Homes that overshoot the market or need work sit longer and usually require a price adjustment to attract offers.
