Colorado Foothills Market Update– September 2025

As fall settles into the Colorado foothills, the real estate market is showing its seasonal slowdown—but with a twist. Inventory remains higher than in recent years, yet the pace of new listings is tapering off, suggesting that both buyers and sellers are settling into a more cautious rhythm. September’s data points to a market that’s finding equilibrium: steady prices, longer marketing times, and fewer bidding wars, but continued demand for well-priced, move-in-ready homes.

Inventory Holding High, But Growth Slowing

At the end of September, active listings across the foothills were up almost 15% year over year, marking one of the highest inventory levels in over a decade. However, compared to August, inventory dipped slightly, hinting that the peak summer supply has passed and happily pairs with pending listings up from last month and last year. With fewer new homes coming on the market, the increase in available homes is more about slower absorption than a surge of new sellers entering the market or decreasing sales.

Local Trends

Conditions varied across the region. Evergreen and Conifer rebounded after several soft months, with the median price rising 12% and sellers receiving 96.6% of list price on average, although with median home price slipping, there is an indication that the higher-end luxury market is not as active as it has been. Jefferson County’s foothills saw a 5.8% increase in median price to $696,500, though homes took 45 days to sell on average—41% longer than last year. Park County activity accelerated again, with closed sales up 78% and prices holding steady, making it one of the most affordable and active foothills markets. On the other end of the spectrum, Clear Creek County softened, with the median price down 7% to $550,000 and days on market climbing to 87, more than triple last year’s pace.

National and Local Forces

Nationally, housing inventory dipped for the first time this year, but foothills numbers bucked that trend. The Colorado Front Range continues to attract out-of-state buyers, even as affordability remains a challenge. The region’s housing affordability index fell 6.5% year over year to 72, highlighting growing barriers for first-time buyers.

Insurance and utility costs also continue to impact transaction timelines. Homes in wildfire-prone areas or with aging roofs are facing heightened insurer scrutiny and rising premiums. Meanwhile, new construction of both single-family and attached homes along the I-70 corridor is adding competitively priced, energy-efficient inventory, which is influencing buyer preferences and placing mild pressure on resale homes needing updates.

Overall, the foothills market remains stable but slower, characterized by realistic pricing, selective buyers, and a gradual return to pre-pandemic seasonality.

Till Next Month,

Julia