Denver September 2023 Real Estate Market Updates
Stay informed and make sound investment decisions with our comprehensive analysis of the latest September 2023 real estate market updates in Denver, Colorado.


Check out our market updates in other Colorado Markets:

Colorado Springs Real Estate Market Updates- September 2023

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Denver Market Stats and Observations for September 2023

ACTIVE LISTINGS

  • There are currently 7,434 active listings for September 2023 in Denver.
  • This represents a modest 1% decrease compared to the same time last year.

NEW LISTINGS

  • 4,578 new listings for September 2023
  • This reflects a 5% drop from the previous month.
  • A 12% decrease in new listings compared to September 2022.
  • The decrease of new listings could restrict choices for buyers and contribute to competition in the market.

PENDING PROPERTIES

  • 4,578 new listings for September 2023
  • This reflects a 5% drop from the previous month.
  • A 12% decrease in new listings compared to September 2022.
  • The decrease of new listings could restrict choices for buyers and contribute to competition in the market.

CLOSED COUNT

  • 3,252 closed listings in September 2023.
  • This represents a substantial 25% decrease compared to the same time last year.
  • 17% decline in closed listings compared to last month.

PRICE

  • The median closing price for homes in Denver reached $584,990 in September 2023.
  • Home prices are stable with a minor increase of less than 1% from the previous month.
  • When we look back to September 2022, we can see that the median closing price has risen by 1%.
REcolorado-Market-Watch-September 2023

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Authors
Chris Lopez
Chris Lopez is a Denver area real estate entrepreneur and investor, as well as the host of Bigger Pockets’ House Hackerz and the Denver Real Estate Investing Podcast.
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