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For every ten homes newly listed for sale in Denver, four homes were removed from the market without being sold in October.
A new report from Realtor.com found that Denver had the second-highest rate of delistings nationwide based on the latest monthly data from October. These delistings typically happen when a seller can’t find a buyer willing to pay near their asking price.
Denver’s housing market saw 39 delistings per 100 new listings, according to the report released on December 8. That’s up from 30 in September and 24 this time last year. Only Miami had a higher ratio of delistings than Denver, with 45 delistings per 100 new listings.
“The delisting trend is a perfect personification of the stagnant and frustration-filled housing market,” economist Jake Krimmel explains in the report. “With buyers and sellers far apart, the sellers’ solution is to pull that trump card and delist, rather than cut prices.”
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The median sale price for homes in Denver was $614,000 in October, according to Redfin; that’s up 4.4 percent from October 2024. However, a report from Zillow based on October data also shows that Denver also led the country in major metros where homes lost value over the past year, at 91 percent.
Meanwhile, the number of homes sold is down by over 10 percent year over year, and the median days that homes spend on the market is up by nine days, reaching 45 days in October.
Beyond just high prices, the report notes that national economic instability has created a “cautious environment” for both buyers and sellers. It points to rising inflation and events like the federal government shutdown as catalysts.
Nationwide, delistings in October increased by around 45 percent compared to the same period in 2024, according to the Realtor.com report.
Each month since June, approximately 6 percent of home listings were pulled off the market by sellers without being sold. That makes 2025 the highest national delisting rate since Realtor.com started tracking the metric in 2022.
The increase in delistings was especially notable over the summer, when the housing market is typically the most active. In June and July this year, national delistings surged by 48 percent and 57 percent, respectively, compared to the same months in 2024, according to the report.
Krimmel says the trend reflects “growing frustration among sellers.”
“Inventory in many metros boomed, but the buyers never really showed up this summer,” Krimmel says. “Between higher-than-expected interest rates and home prices, low consumer sentiment, and broader economic uncertainty, demand was extremely low.”
Here are the top five cities with the highest ratio of delistings to new listings, according to the Realtor.com report:
- Miami, Florida — 45 delistings per 100 new listings
- Denver, Colorado — 39 delistings per 100 new listings
- Houston, Texas — 37 delistings per 100 new listings
- Los Angeles, California — 33 delistings per 100 new listings
- Riverside, California — 32 delistings per 100 new listings