The Denver metro market eased into its late-year rhythm in November, bringing predictable seasonal shifts along with several trends that set the stage for early 2026. Inventory tightened, buyer activity slowed, and days on market continued to rise — all hallmark signs of the fourth quarter. Even with the cooldown, several key indicators point to a steady and opportunity-filled start to the new year.

Market Overview

November delivered a noticeable contraction in available homes as many sellers paused listings ahead of the holidays. Total active inventory dropped from the previous month, mirroring typical year-end behavior. Even with the seasonal slowdown, overall inventory levels remain higher than this time last year, offering buyers more options compared to the winter of 2024.

Homes also took longer to sell, with average market times climbing, a natural trend for November and December as showing traffic slows and buyer timelines stretch.

Pricing Trends

Detached homes maintained solid footing, holding value year over year even as month-to-month pricing softened with the season. The detached segment continues to show resilience and stability despite broader economic shifts.

Attached homes experienced more noticeable price adjustments — a pattern that creates opportunity for buyers seeking attainable entry points or downsizing options. Seasonal pricing dips in this segment may offer strategic timing advantages as we move into the first quarter.

Inventory Movement

New listings declined significantly as expected for November. Fewer sellers chose to enter the market, contributing to a tighter selection heading into December. Active inventory also contracted month over month, consistent with late-year norms.

Year over year, however, both detached and attached inventory show growth — a sign that 2026 may bring more balanced conditions for buyers and sellers alike.

Buyer Activity + Closings

Pending sales softened from October yet remained slightly higher than last year at this time, indicating that motivated buyers are still active despite the holiday season. Closed sales followed the seasonal trend, declining compared to both the prior month and last year.

These patterns underscore what we typically see in November: a pause before renewed momentum in January and February as buyers re-enter the market with fresh goals and clearer timelines.

Heading Into 2026

For Buyers

More inventory than last year and increasing days on market give buyers room to act strategically. Seasonal pricing softening may present early-year opportunities before demand picks back up.

For Sellers

Well-prepared homes still attract strong interest. With fewer new listings coming to market in December, early 2026 could be an ideal window to capture pent-up buyer demand.

For Investors

Seasonal dips in attached-home pricing and increasing inventory in that segment may offer compelling acquisition opportunities in desirable submarkets.

Corken + Company: Your Market Experts

Whether you’re planning a new purchase, evaluating the timing of a sale, or exploring investment options, our team offers tailored guidance to help you navigate the Denver metro market with confidence.