Denver Market Update
Denver Market Update
Real Estate Update – June 2026
Quick Update:
- Interest rates remain around 6.5%.
- Inventory is at about 12,000 homes. This is twice as much as we had in 2023. Accordingly, months of inventory is 3 months. That means that if the current pace continues, it would take 3 months to sell all the existing inventory. This figure has been around 1 month for a long time, so it feels much slower.
- Buyers: It’s a good time to buy. Lots of inventory and price reductions. For the right home, you may still see some competitive situations.
- Sellers: Sellers need to be priced right and looking great, as always. Remember, above everything else, it’s the right PRICE that sells a home.
We’re here to answer any questions you might have, so don’t hesitate to reach out!
If you’re thinking about a new construction home, be sure and reach out to us so you will have proper representation. The sales office represents the builder, not you, and it costs you NOTHING for us to represent you.
Questions? Comments? Contact us anytime. We’re here to help.
Thank you!
“Working with Drew and his team was a very positive experience. In fact, they were so good, I will always turn to them as my real estate professionals! I was a bit nervous about their knowledge of my area when we started the process as they aren’t located directly in Castle Rock, however, Drew said they knew the area and I trust Drew. As it turned out, they really knew the area! The neighborhood research provided was accurate and the sale price they suggested was exactly on target. Our house so…
“We are so grateful that Drew was referred to us. We found him to be responsive, knowledgeable, and patient. He kept in constant contact with us during our search. Most importantly, once we made an offer he and his staff were so very helpful in each of the steps leading up to and including the closing. We would highly recommend Drew Schneider.”