D
enver’s housing scene isn’t heading for a crash, according to Libby Levinson‑Katz, a member of the Denver Metro Association of Realtors’ market‑trends committee. While prices have slipped and more homes are being pulled from the market, the slowdown is seasonal rather than systemic. “It’s just a bit slower this time of year,” she explained, noting that buyers prefer to focus on holidays rather than showings.

    National data from Zillow shows that 91 % of Denver homes lost value over the past year, and Realtor.com ranked the city second nationwide for delistings. Levinson‑Katz attributes the uptick to unusually warm weather, which she says often prompts sellers to pause listings. The city’s 30‑day rule means a property must sit off the market for a month before it can be relisted with a fresh day‑count. Sellers can therefore take a break over the holidays and re‑enter the market in January with a clean slate.

    Although listings now linger longer than in recent years—far beyond the COVID‑era frenzy—price declines are modest. Levinson‑Katz argues that Denver remains a balanced market, not a buyer’s one. “The average home takes about four months to sell,” she said, contrasting that with the perception of a buyer’s market. She notes that such equilibrium hasn’t been seen in Denver for two decades and hopes it persists into the new year.

    In short, the market is cooling, but not collapsing. With a strategic pause and a fresh start in the new year, Denver’s housing sector appears poised to maintain its balance.