By Rogelio Rodriguez
Realtor® Vida Properties ROA
📞 720-724-8187 | 📧 rogelio@vidabroker.com
November 8, 2026
A new chapter?
Up until now, I kept hearing the same three words from buyers, sellers and fellow agents: "Let's wait and see." I get it. Consumer enthusiasm has been shaky at best, and all the indicators about the economy, including prices at the store, gas and interest rates, have not been good under the Trump administration. We have all felt this, and it has been no different in the housing market.
We just had the midterm elections, and the blue wave was real. But will it really help consumers' outlook on the economy? Is it a new beginning? Let's look at what the Denver Metro market actually did in October. Then I want to give you the opportunity to share what you think now that the elections are over.
What October told us about the Denver housing market
The median close price rose 3.48% from September to $595,000. Prices are holding even as activity slows for the season.
- Months of inventory: 4.72 (down 0.84%)
- Median days in MLS: 30 (down 3.23%)
- Pending sales: 2,562 (down 7.27%)
- Active listings: 12,978, with new listings down 16.70%
Fewer homes are coming on, fewer contracts are being written, and the homes that do sell are going a little faster. That's a market catching its breath, not falling apart.
Source: DMAR Market Trends Report, October 2026 (REcolorado data, month over month).
Buyer's market or seller's market?
The needle sits just on the seller's side of balanced. I measure it with the absorption rate, the share of active listings that sell in a month. October had 2,748 closings against 12,978 active listings: about 21%.
My rule of thumb: above 20% (under 5 months of inventory) favors sellers, 15–20% is balanced, and below 15% (over about 7 months) favors buyers. Looking ahead, pending sales put absorption right near 20%, so the needle is drifting toward the middle as winter starts.
What does that mean for you? Sellers still have an edge, but price and condition matter more than ever. Buyers have more choices and more room to ask for concessions than a few years ago. A slightly higher payment on the right long-term home, at a better price or with seller help, can be a smart trade. I always say each situation is different.
Now it's your turn to vote
Market numbers tell me what people did. They don't tell me how people feel. That's why I created The People's Ballot: five quick questions about the economy, your finances, home prices and your plans for 2027. It takes about a minute, in English or Español.
Your ballot stays anonymous. I publish totals only, never names, emails or phone numbers. Leaving your contact info is optional, only if you'd like me to follow up.
Cast your ballot · See the live results
Let's take it one step at a time
New beginning, or more waiting? The answer depends on your goals, your budget and your timeline, not the headlines. If you'd like to talk through your options, I'm here. ¿Prefieres en español? Claro que sí.
— Rogelio Rodriguez, Realtor® · vidabroker.com
