Same Destination, Longer Road

We were recently working in the 80906 zip code. Here is what the data told us.

Across 1,017 closed sales of single-family dwellings spanning June 2024 through May 2026, the median sale price in 80906 moved from $561,850 to $555,500. The average sale price moved from $704,838 to $724,315. By those measures, the market held. Prices did not collapse, and transaction volume increased from 489 to 528 closed sales in the second period.

What changed was time.

The median days on market in 80906 increased from 16 days in the first period to 30.5 days in the second — nearly double. That shift was not confined to one segment of the market. It showed up across every age cohort and every above-grade living area group in the data. Homes built in the 1970s went from a median of 12 days on market to 35. Homes in the 1,500–1,999 square foot above-grade range went from 9 days to 23. The 2,000–2,999 square foot range went from roughly 9–16 days to 18–34 days. The pattern was consistent and broad.

The share of sales closing within seven days dropped from 35 percent of all transactions in the first period to 27 percent in the second. The share taking more than 30 days increased from 40 percent to 50 percent. Half of all homes that sold in 80906 in the most recent twelve-month period took more than a month to find a buyer.

None of this means values are deteriorating. The per-foot data confirms that. Median price per above-grade square foot declined from $322.69 to $315.35 — a $7.34 difference across nearly 1,000 sales. The trimmed average sale price, which removes the top and bottom five percent of transactions to filter out outlier effects, was essentially identical in both periods at approximately $645,000.

What the data describes is a market in transition — not from value, but from pace. Sellers in 80906 who priced to the data in the prior period often received offers quickly. That same strategy today is likely to require more patience. The price may arrive at the same place. The timeline to get there has changed.

For anyone involved in a transaction where timing is a material factor — an estate settlement, a divorce proceeding, a refinance with a rate lock — the DOM shift in 80906 is not a footnote. It is a planning variable.

Data source: elevateMLS. ©2026 REALTOR® Services Corp. All rights reserved. Based on information from the REALTOR® Services Corp (“RSC”) for the period 06/01/2024–05/31/2026. RSC information may not reflect all real estate activity in the market and is provided as is without warranty or guaranty.

— Heatherstone Appraisal Group

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