My Home Team | Keller Williams Advantage Realty · October 27, 2026
Denver September 2026 closings came in at 2,849 homes, the fewest on record going back to 2008. The homes that did sell went faster than they did a year ago.
Denver September 2026 closings: 2,849 homes
The Denver metro recorded 2,849 closings in September 2026. That is the fewest September closings on record going back to 2008, according to the Denver Metro Association of Realtors.
It is the kind of number that gets screenshotted without the rest of the report attached. Read alone, it sounds like a market that has stopped working.
The same report says otherwise, and the two findings sit about a page apart.
The homes that did sell moved faster
Two other figures from the same September data run the opposite direction.
| Measure | September 2026 | September 2025 |
|---|---|---|
| Closed homes | 2,849 | — |
| Median days in the MLS | 32 | 35 |
| Close price to list price | 98.45% | 98.32% |
Homes sold three days faster than a year ago, and they held a slightly higher share of their asking price. Both moved in the seller’s favor while the volume of sales hit a record low.
That combination is unusual enough to be worth explaining rather than explaining away.
Fewer buyers, not slower ones
A closing count measures how many people bought. Days on market and close-to-list measure how the people who did buy behaved.
Those are different questions, and right now they have different answers. Fewer households are buying in metro Denver this fall. The ones who are have stopped browsing.
The backdrop explains some of it. Freddie Mac put the average 30-year fixed mortgage at 7.32% on October 22, against 6.19% a year earlier. A rate north of 7% removes the buyer who was curious and leaves the buyer who has a reason to move.
Meanwhile there is plenty to choose from. The metro ended September with 13,567 active listings and 4.76 months of inventory. A serious buyer with real selection does not need six weekends to decide.
If you are selling this winter
The 32-day median is the part to plan around. It says a correctly priced home in this market is not sitting for a season.
It also says the opposite about the rest. A median of 32 days means half of September’s sales took longer, and the listings that never sold are not in that number at all.
So the first two weeks carry more weight than they used to. The buyers who are active see every new listing in their price range within a day, and they compare yours against the 13,567 others already on the market.
The 98.45% close-to-list figure describes homes that were priced close to right at the start, not homes that were rescued by a later reduction.
If you are buying
A record-low closing count is a description of your competition. Fewer people are writing offers against you than in any September since at least 2008.
With 4.76 months of inventory, you also have genuine selection, which is not something the metro offered for most of the last decade.
The catch is in the same two numbers. A 32-day median and a 98.45% close-to-list ratio mean the well-priced homes are not lingering and are not discounting much. Leverage in this market shows up on the homes that have been sitting, not on the ones that just listed.
If the right house appears, the data does not support waiting a few weekends to think it over.
What this does not tell you
These are metro-wide medians covering 11 counties, several price bands and both detached and attached homes. They are a poor planning tool for one address. A $400,000 condo and a $1.2 million detached home in the same month are not in the same market.
One month is also one month. September is a single data point, and none of it forecasts where prices go next. We do not make that call, and we would be guessing if we did.
What the data shows is narrower and more useful: in September, fewer people bought, and the people who bought moved quickly and paid close to asking.
Thinking about listing before the holidays, or buying into this?
Send us the address and we will walk through what the last 30 days actually did in your neighborhood.
Sources
- DMAR Market Trends Report, October 2026 edition — September 2026 Denver metro data: closings, median days in the MLS, close-price-to-list-price ratio, active listings, months of inventory.
- Freddie Mac Primary Mortgage Market Survey, October 22, 2026 — 30-year fixed-rate average.
Related: see our Denver housing market update for September 2026, plus the same month for Boulder, Longmont and Castle Rock.
My Home Team | Keller Williams Advantage Realty