Half of Metro Denver's Listings Have Cut Their Price, Weekly Market Update — June 11, 2026

**National forecasts still call for rising home prices. Metro Denver may be telling a different story.** Over the past few weeks, national housing forecasters have revised their 2026 outlook. Mortgage rates are now expected to remain in the mid-6% range rather than fall into the low 6s, and projected existing-home sales have been reduced from 4.5 million to 4.2 million. One forecast hasn't changed: home prices. Most analysts still expect prices to rise nationally, largely because housing inventory remains relatively limited across much of the country. Metro Denver doesn't fit that narrative particularly well. Across the seven-county metro area, nearly half of all active listings have already reduced their asking price. As of this month, 6,472 of the 13,161 homes currently on the market—about 49%—have cut their price at least once. That doesn't necessarily mean home values are falling across the board. It does suggest many sellers entered the market priced for conditions that no longer exist. As inventory continues to build and buyers gain more options, accurate pricing is becoming increasingly important. Questions about the Metro Denver real estate market? Contact Tom and David at The Principal Team at 720-408-7409.