The Front Range market continued its summer slumber last month. While inventory crept up as buyer demand remained a little sluggish, savvy buyers kept our markets’ momentum going. Sellers who adjusted their expectations and strategies still received strong returns as average home prices remain stable.
Read: Home Values Dipped. Should You Be Concerned?
So, what is in store for us this fall?
As the Federal Reserve is pressured to keep rates steady (or raise them for the first time in years), buyers and sellers have a more level playing field. But our market remains so unpredictable that we rely on hyperlocal, real-time stats so clients can make educated decisions (as opposed to month-over-month data).
But there are a few fundamental truths we can count on:
Buyer demand will stay strong. The Front Range remains a highly desirable location, so our market remains stronger than national averages. The slowdown has shifted us into a more “balanced” market.
Inventory won’t keep up with demand. Homeowners are letting go of their 2-3% interest rate payments as they need to move, which has generated the largest selection of listings we’ve seen in over a decade.
Home appreciation will continue. Our “slow” market hasn’t seen a dramatic dip in prices. We expect homes in 2026 to see a slight increase in value (or have no real change).
Homebuyers, autumn could be your season to find the right home within your budget. Work with an excellent lender to use rate-reducing products, like 3/2/1 Buydowns (learn more). Your optimal chance of purchasing within your budget may be right now. Ask your RE/MAX Alliance Agent for the latest data about the neighborhoods you want to check out.
Read: Colorado Home Insurance: Advice for Home Buyers and Owners
Sellers, as the holidays swiftly approach, the sooner you list, the better your odds for success. With our last few spring seasons being cooler than expected, waiting until next year may not be necessary to get a strong return. The better your home’s condition, the closer offers will be to your asking price (and the fewer weeks you’ll spend keeping your home show-ready). Your RE/MAX Alliance Agent will help you use tried-and-true tactics to boost your listing: home improvements, staging, marketing, and more.
Sources: Fort Collins Board of REALTORS®, Denver Metro Association of REALTORS® Megan Aller, First American Title, Mortgage Daily News, Home Mortgage Advisors.
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