September 2025 Denver Housing Market Update | August was ROUGH but more Buyers are COMING!

Denver Housing Market Update – September 2025
More Buyers are COMING!

Watch the full video here:

Thinking about buying or selling a home in the Denver Metro area this fall? The September 2025 numbers show a market that’s cooler than usual, but not without opportunity. Whether you’re hoping to cash out or finally buy after waiting, here’s what to know about the current Denver Housing Market.

Home Sales Slowed
August 2025 marked one of the slowest Augusts we’ve seen in over a decade, with under 3,600 residential closings. That’s lower than even August 2011! Still, pending sales crept up slightly, suggesting an early seasonal bump.

Sellers: Set Realistic Expectations
The market is moving slowly. Here’s what to expect if you list your home for sale right now:

Single-family homes: 4–6 weeks on the market
Condos/townhomes/multifamily: 6–8 weeks

That might feel sluggish, especially if you’re comparing to spring. Showing traffic is down, particularly for attached properties. But well-priced, well-marketed homes in great condition are still selling faster than the rest.

Best Time to Sell This Fall? Now Through Mid-October
With rates dropping and buyer interest rising, your best shot at selling before the holidays is now through mid-October. Many buyers are waiting for the right window, and this rate drop might be what pushes them into action. Don’t wait until winter unless you absolutely have to. Q4 is traditionally slower, and you may miss this short burst of fall activity.

Rates Just Dropped
Buyers, listen up: mortgage rates dropped more than an eighth of a percent in early September. We’re now at the lowest rates seen in the past year! That can translate into real monthly savings, enough to make previously unaffordable homes realistic again. But many buyers aren’t aware yet, so as the news spreads, expect buyer activity to increase a bit.

Denver Housing Affordability Still a Big Challenge
While rates are helping, prices are still high and especially compared to incomes. That’s hitting condo and townhome owners particularly hard.

In June 2022, the average attached property was nearly $500,000
In September 2025, it’s down to $433,000.

That’s a major equity drop! If you bought an attached home in the past 2-3 years, especially with a small down payment, it might be time for a hard conversation if you need to sell, as many of those home owners could be upside down.

New Builds Are Offering Big Incentives
Builders are getting aggressive with incentives to move inventory! Recently I’ve seen promo interest rates as low as 4.5% for 30 yr fixed mortgages and other with $40k-$80k of incentives! Some builders are losing money just to keep their crews working. If you’re a buyer who’s been priced out of resale homes, it’s worth checking out these new-build deals, especially as they try to sell off inventory and close out the year.

How to Make the Most of This Market
For sellers:

Price realistically (most are still starting ~3% too high)
Market aggressively
Make sure your listing is top-notch!

For buyers:

Talk to a lender now as you may qualify for more than you think
Don’t wait for headlines. The rates already dropped.
Look at both resale and new-build options

For everyone:

The Denver Housing Market is shifting fast
Affordability is still tight but is improving
The next 4 weeks could offer the best opportunity before the end of the year for sellers

Let’s Make a Game Plan
Whether you’re thinking about selling, buying, or just figuring out next steps, I’m here to help.
Book a consultation at www.calendly.com/RealtorStacie or call 720-295-9089.
Let’s make sure you’re making the most of the opportunities in front of you to help you achieve your goals.