{"id":2359,"date":"2026-07-07T13:34:55","date_gmt":"2026-07-07T13:34:55","guid":{"rendered":"https:\/\/coloradospringsmoverss.com\/?p=2359"},"modified":"2026-07-07T13:34:55","modified_gmt":"2026-07-07T13:34:55","slug":"metro-denver-home-prices-continue-to-hold-at-mid-2022-levels","status":"publish","type":"post","link":"https:\/\/coloradospringsmoverss.com\/?p=2359","title":{"rendered":"Metro Denver home prices continue to hold at mid-2022 levels"},"content":{"rendered":"
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With the first half of 2026 under wraps, metro Denver\u2019s housing market seems to be playing on a loop: It\u2019s the \u201csame as it ever was.\u201d<\/p>\n

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The median price of a residence sold in the first half of the year is running at $599,950, according to the .<\/p>\n

In a refrain that Talking Heads fans can appreciate, that matches the $600,000 median sales price in the first half of 2025, the $595,000 median in the first half of 2024 and the $600,000 median price in early 2022.<\/p>\n

Outside 2023, when prices dipped a little more, the median sales price band has stayed in a very tight range over the past four years.<\/p>\n

What has moved around more are condo prices, which are down about 5% or $20,000 compared to the first half of 2022, according to DMAR counts.<\/p>\n

That reflects higher homeowners association fees, which are being pushed up by rising insurance and maintenance costs.<\/p>\n

Mortgage rates are also playing in a tight octave. They averaged 5.7% for a 30-year loan in the middle of 2022, but were at around 6.92% in June 2024 and 6.4% last month.<\/p>\n

That doesn\u2019t imply that affordability doesn\u2019t remain an issue. Insurance, property taxes, and HOA fees are higher than they were in 2022. And prices did get ahead of wages.<\/p>\n

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Yet, consumer inflation has risen nearly 14% in the past four years, so stable home prices represent a \u201creal\u201d discount for households that have seen their wages rise.<\/p>\n

\u201cThe market has been resilient, given the amount of economic chaos and uncertainty. This year, we have had inflation increasing and a war with Iran. Midterm elections are coming,\u201d said Amanda Snitker, a local Realtor who heads DMAR\u2019s Market Trends Committee.<\/p>\n

The busy spring selling season hit its peak in April rather than May or June. But an early shift into the summer season isn\u2019t rare, she said.<\/p>\n

Closings fell 6.6% between May and June to 3,924, and are down 5.6% from June of last year. But over the past four years, they have stayed eerily stable at between 21,000 to 22,000 sales in the first six months of the year.\t\t\t\t<\/p>\n

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In June, the median sold price for a single-family home was $675,000, while the median price for a condo or townhome that sold was $391,750.<\/p>\n

New listings dipped 4% on the month and 3% year-over-year, a sign that homeowners aren\u2019t feeling pressure to dump inventory on the market. Sellers, however, are under mounting pressure to make sure their homes show well and don\u2019t come with deferred maintenance, Snitker said.<\/p>\n

The mid-year inventory of listings was at 12,744 on June 30, down slightly from 14,007 at that point in 2025, but more than double the inventory levels seen in 2022 and 2023. <\/p>\n

Barring a major shift in the economy or interest rates, Snitker sees the region\u2019s housing market continuing to coast along its current path.<\/p>\n

\u201cThe variable most at play is mortgage rates. Unless that changes in a meaningful way, we won\u2019t see much difference for the second half of the year,\u201d Snitker said.<\/p>\n

Home prices will remain flat, and metro Denver\u2019s inventory of listings will tighten a bit, she predicts.<\/p>\n

But not everyone watching the market thinks it will follow the same trajectory. Reventure, a real estate data platform and advisory service based in Florida, places Denver and the broader Colorado market high on its list for an impending correction.<\/p>\n

CEO Nick Gerli forecasts a 5.9% decline in Colorado home prices and an 8.9% decline in metro Denver home prices a year from now.<\/p>\n

\u201cPrices across significant portions of the state are projected to decline over the next 12 months,\u201d Gerli notes in an email. \u201cThis is not bad news. This is the reset buyers have been waiting for.\u201d<\/p>\n

If his forecast pans out, Denver buyers and sellers might soon switch their tune from \u201cOnce in a Lifetime\u201d to \u201cBurning Down the House.\u201d<\/p>\n

Get more real estate and business news by signing up for our weekly newsletter, On the Block.<\/em><\/p>\n

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Read more Tanker set ablaze after being struck by projectile in the Strait of Hormuz as Iran mourns Khamenei<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

With the first half of 2026 under wraps, metro Denver’s housing market seems to be playing on a loop: it’s the “same as it ever was.”<\/p>\n","protected":false},"author":1,"featured_media":2358,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,4,37],"tags":[],"class_list":["post-2359","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-news","category-real-estate"],"yoast_head":"\nMetro Denver home prices continue to hold at mid-2022 levels - Colorado Springs Moverss<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coloradospringsmoverss.com\/?p=2359\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Metro Denver home prices continue to hold at mid-2022 levels - 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