08/24/2026
🏡 **METRO DENVER MARKET WATCH: Buyers Are Buying — But Price Still Rules**
This week's Metro Denver real estate numbers are sending an important message to both **buyers and sellers**:
# # # **The market is moving—but strategy matters.**
I'm tracking activity across **Adams, Arapahoe, Broomfield, Denver, Douglas and Elbert Counties**, and this week we saw an encouraging rebound in buyer activity.
📈 **724 homes went pending**, up from 638 last week — a **13.5% increase**.
At the same time, new listings dropped from 966 to **825**, a decrease of **14.6%**.
That's worth paying attention to.
**Fewer new homes entered the market while MORE homes went under contract.**
So despite what you may hear about interest rates or a slowing housing market, one thing is clear:
# # # 🔥 BUYERS ARE STILL BUYING.
But they're also being selective.
This week, **1,384 sellers reduced their asking price**, compared with only **76 price increases**.
That's more than **18 price reductions for every one price increase.**
# # 🏠 SELLERS: PRICE IT TO SELL, NOT TO SIT.
Today's buyers have choices, and they know how to compare them.
They can see your competition, your days on market, your previous price reductions and what similar homes have sold for.
That's why *"Let's start high and reduce it later"* can be an expensive strategy.
An overpriced home may sit until eventually buyers start wondering:
**"What's wrong with it?"**
Correctly priced, well-presented and properly marketed homes are still attracting buyers.
My goal isn't simply to put a **FOR SALE** sign in your yard.
It's to **position your home to SELL.**
👉 **Thinking about selling?** Before deciding on a price, let's sit down and look at what buyers are actually paying in your neighborhood and build a strategy around YOUR home.
# # 🔑 BUYERS: OPPORTUNITY MAY BE KNOCKING.
Consider what's happening:
🏡 **825 new listings**
📉 **1,384 price reductions**
↩️ **152 homes back on the market**
🤝 **724 homes going pending**
Today's market may give buyers opportunities to negotiate **price, seller concessions, closing costs, repairs, interest-rate buydowns and other terms.**
Instead of only asking:
**"Should I wait for mortgage rates to fall?"**
Ask another question:
# # # **"What can I negotiate TODAY?"**
If rates eventually decline and more buyers enter the market, some of today's negotiating leverage could disappear.
👉 **Thinking about buying?** Let's identify homes where the numbers and seller motivation could work in your favor.
# # 📞 LET'S TALK ABOUT YOUR NEXT MOVE
Whether you're **buying, selling, upsizing, downsizing or relocating**, don't make a major real estate decision based solely on national headlines.
**Real estate is local—and your situation is personal.**
Let's look at the numbers and determine what makes sense for YOU.
📞 **Rick Siddiqui, REALTOR®**
🇺🇸 **USAF Veteran**
**Keller Williams DTC**
**720-460-0830**
**Your Next Home Key Starts With Siddiqui.**
