Historical Market Report: This report reflects Denver housing market data for November 2019. Looking for the most recent data? For the latest Denver market trends, home prices, and inventory updates as of March 2026, visit our Updated Denver Real Estate Market Report Here.
November 2019 Denver Real Estate Market Report
For the fifth month in a row, the number of active listings was down month-over-month. November’s decrease is by far the most dramatic, with an 18.34 percent drop when compared to October 2019. The price of single-family homes increased by an average of 6.85 percent from this time last year, and condos’ average price rose by 4.35 percent. This is the highest rate of appreciation we’ve seen since this same time last year.
The average sold price for a single-family home in metro Denver for November was $537,624 and the average sold price for a condo was $365,856.
How the November 2019 Denver Market Compares to Today (March 2026)
Since this report was published in late 2019, the Denver real estate market has undergone a massive transformation. While the average sold price for a single-family home in November 2019 was $537,624, today’s average prices have appreciated significantly, consistently exceeding $650,000+ in the current 2026 market.
Denver housing inventory trends have also shifted. In 2019, 6,988 listings were considered “plummeting,” yet the market has since navigated historic lows followed by the more balanced inventory levels we are seeing in early 2026. Perhaps the most striking difference for Millennial home buyers in Denver is the mortgage rate environment: buyers in 2019 secured rates near 3.7%, whereas today’s buyers are navigating a higher-rate market (6.5% – 7%), fundamentally shifting purchasing power and “Rent vs. Buy” calculations.
November 2019 Market Statistics
(Original statistics preserved below for historical accuracy)
