Sundays on this blog are for the bigger picture. When a new monthly report is out, I’ll walk through it here, and this is the first one. The latest full reports cover September, so these numbers are a few weeks old, but they explain a lot about where we are heading into November.
The short version is that sales fell hard across the metro while prices barely moved. Closer to home, single-family supply actually got tighter than it was a year ago.
The metro picture
The Denver Metro Association of REALTORS® (DMAR) counted 2,849 closed sales in September, down 11.71% from August and 21.39% from last September. DMAR says that’s the fewest September closings in records going back to 2008.
Prices held up far better than volume. DMAR’s infographic shows a median close price of $575,000 for all home types, down 3.20% from August. Its report puts the year-to-date median for detached homes at $650,000, matching each of the past two years.
The metro ended September with 13,567 active listings and 4.76 months of inventory. Condos and townhomes had the most room, at 7.21 months and a median of $365,500, down 6.28% from a year ago. Homes spent a median of 32 days in the MLS, compared with 35 last September, and sold for 98.45% of list price.
Douglas County: two different markets
The Colorado Association of REALTORS® publishes county numbers, and they show single-family homes and townhomes moving in opposite directions.
| September 2026 | Single family | A year ago | Townhouse/condo | A year ago |
|---|---|---|---|---|
| Median sale price | $735,000 | $750,000 | $450,000 | $474,900 |
| Sold listings | 387 | 518 | 72 | 65 |
| New listings | 595 | 665 | 84 | 110 |
| Homes for sale | 1,639 | 1,901 | 317 | 285 |
| Months of supply | 3.5 | 3.9 | 5.0 | 4.3 |
| Percent of list price | 98.5% | 98.3% | 97.6% | 98.5% |
| Days on market until sale | 55 | 54 | 65 | 64 |
Single-family sales fell 25.3%, but new listings and homes for sale fell too, so supply dropped to 3.5 months. Townhomes and condos went the other way, with more homes for sale, more supply and a lower share of list price. One month can swing on a small sample, and the townhouse and condo numbers are especially small. Still, both counts are worth watching if you’re shopping or selling in that part of the market.
Where Parker sits
Parker’s numbers come from different sources and windows, so treat these comparisons as rough. Redfin puts Parker’s median sale price at $669,131 for the three months ending in September, down 1.5% from a year earlier. Resideline’s six-month median is $640,000. Redfin also shows Parker homes selling for 98.7% of list price in September, in line with the county and the metro.
Each source also counts days differently. Redfin has Parker at 38 days, while the county report shows 55 for single-family homes, so I wouldn’t read that gap as Parker selling faster than the county.
Why the next two reports matter
DMAR notes that most September closings went under contract in August, when rates were around 6.7%. By the end of September, it says, the 30-year rate had reached about 7.5%. Pending sales, the first read on that climb, slipped 6.07% to 2,908. DMAR says softer numbers in October and November wouldn’t be surprising, though that’s its view and not a certainty.
Freddie Mac’s 30-year average has since eased to 7.24% as of October 29. On a $535,305 loan, the 20% down figure from Friday’s post, the monthly principal and interest is about $3,648 at 7.24%, compared with about $3,454 at 6.7%. That’s roughly $194 a month.
What it means
If you’re buying: Look at supply for the type of home you want, because it differs a lot. Townhomes and condos in Douglas County had 5.0 months of supply in September, compared with 3.5 for single-family homes. DMAR also says rate buydowns and seller-paid concessions are part of many negotiations right now, so ask about those along with price.
If you’re selling: Fewer sales haven’t meant big price drops, but single-family and attached homes are in different positions. Price against recent sales of your own home type and area, not a metro headline. If you’re selling a townhome or condo, plan for more competing listings, and be ready to answer questions about HOA fees and insurance costs.
