June 2026 Market Minute

ilan brown
Jun 30
3 min read

Navigating Your Journey Home

Summary

Prices are still climbing year-over-year — detached homes hit $814,428 (+1.3%) and attached $446,011 (+3.1%) — even as new listings dried up 16% from a year ago and inventory sits at 3.44 months.

The market tilts slightly toward sellers, but with less of the bidding-war frenzy.

Sellers: your equity is intact and competition for buyers is thin — price it right and you're in a strong spot.

Buyers: you've got more breathing room to negotiate than last year, but with prices still rising, waiting likely means paying more.

Interesting News

High prices are pushing homebuyers to consider drastic steps

In Q2 2020, the median sale price for a U.S. home was $317,100. By Q2 2022, it was $437,700 (+38%). It dropped to $412,300 at the end of last year, but that's still up 30% from the early days of the pandemic.

Foreclosures are spiking nationally — Denver's surge is even bigger

Residential foreclosures increased 18% in April nationwide compared to a year ago, with Colorado foreclosure filings in April rising almost 34% year-over-year. While that's a significant jump, the 671 properties with foreclosure filings statewide that month are far below the numbers recorded during 2006–2009 and the Great Recession.

Mortgage Update & Forecast

Provided by: Kris Spuckes, MegaStar Financial

Federal Reserve holds fed funds rate steady in first meeting under new chairman Kevin Warsh; the dot plot signaled rates may stay higher for longer due to sticky inflation.
With the peace agreement in Iran, oil prices have started to come down, resulting in some rate improvement over the last few weeks.
Current average 30-year fixed rate: 6.49% (lowest level since early May).
10-Year Treasury yields: 4.378 (down from 4.667 on May 18).

Sold Properties

322 S Humboldt St — List price $1,595,000 • Sold price $1,583,850

Congrats Joe & Alissa on your purchase of a second home in Colorado!

4th of July Activities

Denver celebrates Independence Day with multiple fireworks shows. Highlights include Aurora Municipal Center and Cornerstone Park in Littleton. Additional regional celebrations start as soon as July 2.

Early Celebrations (July 2–3)

Glendale 4th on the Second (July 2): Infinity Park outdoor stadium viewing experience.
Stars & Stripes (Adams County) (July 3): Riverdale Regional Park with live music and free on-site parking.

4th of July Spectaculars (Saturday, July 4)

Aurora 4th of July Spectacular: Aurora Municipal Center; live entertainment + ~9:30 PM fireworks.
Littleton / Cornerstone Park: Belleview and Cornerstone Parks; food trucks, vendors, fireworks finale.
Thornton Red, White & BOOM: Carpenter Park Fields; parachutist jumps, food, music, fireworks.
CSU Spur: Lawn games, DJ, skyline views.
Lone Tree 4th of July: Prairie Sky Park; Family Fun Park, concert, fireworks.

Best Views & Rooftop Parties (July 3–4)

Downtown: Denver Union Station patio views of Coors Field fireworks (July 3–4).
BurnDown: South Broadway dance party with skyline views (July 4).
Cherry Creek: Halcyon Hotel Red, White & BBQ or Kisbee Rooftop Party.

Looking to Buy or Sell?

Let’s navigate the journey together. Whether you're looking to buy a new home or sell for the best price, Rally Real Estate Group is here to help with expert insights, tailored strategies, and a deep understanding of the market.

2679 Main St Suite 216, Littleton, CO 80120 • 720.755.1343 • ilan@rallyregroup.com