The Best Week to Buy a House? Denver Buyers Have Had More Than a Week

By Jackie Weinhold 

Apparently, this is the "best week of the year to buy a house."

And nationally, there’s data behind that.


September 27 through October 3 has historically brought buyers:


🏡 13.3% more active listings than the average week
👀 30.1% fewer views per property than the annual peak
💰 Median asking prices 3.5% below their seasonal peak


But here’s the thing about national real estate headlines:


Real estate is local.


And in Denver, the numbers are even more interesting.


For the Denver-Aurora-Centennial metro, this week historically brings:


• 30.4% more active listings than the average week
• 46.2% fewer views per property than peak
• 21 more days on market compared with the fastest point of the year
• Median listing prices 7.5% below their seasonal peak


That sounds pretty good for buyers.


But I’d argue Denver’s “best week to buy” has actually been going on for a while.


The summer slowdown brought more inventory, longer days on market, price reductions and sellers who are increasingly willing to negotiate.


And that is a dramatically different market than the one buyers faced just a few years ago.


At the height of the pandemic frenzy, homes in Metro Denver routinely went under contract in a matter of days. Buyers waived contingencies, competed against multiple offers and often had very little leverage.


Today?


Buyers can actually negotiate again.


That might mean negotiating the purchase price. It might mean asking for inspection items, closing costs or seller concessions. And depending on the property and financing, it could mean using available incentives or credits toward a mortgage rate buydown.


Yes, mortgage rates are high. That matters.


But rate is only ONE piece of the equation.


After five years in real estate, including working through the pandemic buying frenzy and the rapid rate increases that followed, I know which environment I’d personally rather shop in:


Higher rates with more negotiating power and softer home prices, rather than lower rates while fighting ten other buyers for the same house.


Why?


Because you can potentially refinance a mortgage later if rates improve.


You cannot renegotiate what you paid for the house after closing.


That doesn’t mean everyone should run out and buy a home this week.


It means buyers who have been sitting on the sidelines solely because the headlines sound scary may want to take another look at what is actually happening here in the Denver Metro market.


Because right now, buyers have something they haven’t had much of over the last several years:


Leverage.


And whether you’re looking in Arvada, Golden, Denver or elsewhere along the Front Range, the opportunity isn’t about finding some magical seven-day window.


It’s about understanding the market you’re actually buying in.



And right now, that market looks very different than the one most buyers still remember.

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