Average home value in Denver reached $694,658 in September 2025 for both segments, representing a 2.89% year-over-year increase. The average home value in Denver for single-family homes reached $768,507, which represents a 3.60% decrease from last month but still up 2.53% year over year.  For the attached segment, which includes condos, townhomes and duplexes, the average home value in Denver reached $432,593, which represents a 2.88% decline from the previous month. Year over year, the attached segment is down 4.63%.

Active listings at the end of the month totaled 13,074 — unchanged from the previous month. However, when comparing September’s active listings to the previous year, they are up 17.62% year over year.

New listings in September increased 6.18% from the previous month, reaching 4,968. However, that figure was down 1.78% compared to last year, when 5,058 new listings were recorded. In August, new listings totaled 4,679.

Pending sales in September fell slightly by 2.05% to 3,585, down from 3,660 in August. Still, they are 3.37% higher than September of last year, highlighting the market’s resilience and stability despite fluctuations over the past year.

Closed sales in September declined slightly by 8.78% to 3,366, yet remain marginally higher, up 0.27%, compared to last year’s total of 3,375.

Buyers are increasingly opting for detached homes over attached ones. The sales volume for detached homes in September was up 6.55% year over year, while the attached sales volume decreased by 16.78%. Attached homes continue to see challenges in the increased costs of insurance and community maintenance, resulting in higher than historically typical community dues.

The Close-Price-to-List ratio continues to remain in the ninety-eight percentile, indicating that despite these slight fluctuations, the average home value in Denver remains robust.

The number of days in the MLS has increased from 30 in August to 35 in September, representing a 16.67% increase and a 40% increase from September 2024.

Pricing strategy is the most crucial element for sellers in this market, and as days in the MLS increase, determining when to wait for the right buyer and when it’s time for a price reduction is a delicate balance. average home value in Denver