The Denver Metro Association of REALTORS (DMAR) released its September 2026 market trends report in early
October, and it marks a visible turn. The metro median closed price fell to $575,000 from $594,495 in
August, with the detached median at $635,000. Closed sales dropped to 2,849, down 11.71% month over month
and 21.39% year over year, the fewest September closings in the series, while active inventory rose 3.72%
to 13,567 homes, about 4.76 months of supply. Homes sold at 98.45% of list price on average and took a
median 32 days in the MLS, down from 35 days a year earlier.
The City of Boulder's August data, published September 14-15 by BizWest and the Times-Call from IRES
figures, shows the same cooling at the top of the market. The median single-family sale price was
$1,193,500, down 14% year over year and the lowest monthly figure of 2026, on 40 closings and 168 active
listings (down 12.5% year over year). Broker-tracked IRES readings put the city's all-types median at
$885,000 in August, about 9% below a year ago, on roughly $123.5 million in residential sales volume, down
about 11% year over year, with a median days on market near 44 days.
At the county level, Redfin's rolling figures (three months ending July 2026) show Boulder County's
all-types median at $728,000, down 0.21% year over year, with homes selling in about 48 days versus 52 a
year earlier; FRED's Realtor.com series put the county median days on market at 57 in July. New listings
in the Boulder area fell 10.5% year over year to 214 in August per MyHomeTeamDenver.
The Colorado Association of REALTORS' August statewide report, released September 15, framed the market as
tipping toward buyers: the statewide median sale price came in essentially unchanged at $574,400, closed
sales fell 11.3% year over year, new listings crept up 2.4%, average days on market stretched to 65 (up
8.3% year over year), and active inventory declined 14.2% year over year. Buyer leverage today comes from
weaker demand and longer selling times rather than a glut of supply.
Mortgage rates remained the loudest signal of the past month. Freddie Mac's Primary Mortgage Market
Survey, released October 1, put the 30-year fixed rate at 7.28%, up 25 basis points from 7.03% a week
earlier and up from 6.34% a year ago; the 15-year averaged 6.60%, up 18 basis points from 6.42% a week
earlier and up from 5.55% a year ago. After several consecutive weekly increases, rates sit well above
year-ago levels, keeping borrowing costs restrictive and reinforcing the rate-lock effect that holds
would-be sellers with low pandemic-era mortgages on the sidelines even as buyer demand cools.
