Denver's overall closed sales fell 4.96% this year. Sales in the $1 million-plus segment climbed 1.99% — the opposite direction.

Source: DMAR Real Estate Market Trends Report, September 2026, published October 3, 2026.

Market Signal

Denver's $1 million-plus segment logged 4,449 closed sales so far this year, up 1.99% from 2025. The overall metro market fell 4.96% over the same stretch. Sales volume in this tier reached $7.30 billion, just below its 2022 peak. New listings in the segment jumped 12.15% in September alone.

Source: DMAR Real Estate Market Trends Report, September 2026.

Why It Matters

$1 million-plus homes sold in a median of 21 days in September, ten days faster than the market overall. Condos and townhomes in this tier are gaining ground even as attached homes struggle elsewhere in the city. Sellers in this range are seeing real urgency. Buyers watching from just below it are seeing proof demand hasn't disappeared — it's concentrated.

What to Watch

Worth watching whether this strength holds through the fourth quarter. Also worth watching whether it eventually shows up in the price bands just beneath it.

Reader Question

If you're sitting in Denver's upper price tiers right now, does the market feel as hesitant as the headlines suggest?

About the Brief

Mile High Housing Brief is a short monthly snapshot of what’s happening in the Denver housing market — and what it could mean for buyers and homeowners.