Modestly, at the Denver level. Metro Denver’s condo and townhome median was $375,000 in October 2026, down 3.25% from a year earlier, and no one publishes a LoHi condo-only price series. Nearby Highland data shows prices per square foot down while overall medians held up.
LoHi has a large share of condos and townhomes, so when headlines say Denver condo prices are slipping, LoHi owners and buyers want to know whether that applies on their block. The short answer is that the softness is real across Denver’s attached market, but it is gradual rather than a collapse, and the neighborhood-level numbers are thinner than the headlines suggest.
That second point matters. LoHi is not one of Denver’s official statistical neighborhoods, so the data services that publish neighborhood trends roll it into the larger Highland neighborhood, and most of them mix condos, townhomes and single-family homes together. A single month of condo sales in a small area can swing hard in either direction.
Jason Sirois is a Denver Realtor with FORM at Compass, whose office is at 1900 W 32nd Ave in Northwest Denver. This post walks through what the metro and city data show for condos in 2026, what the Highland numbers say, why attached prices have been under pressure, and what that means for selling or buying a LoHi condo this winter.
What is happening to Denver condo prices in 2026?
The Denver Metro Association of Realtors’ October 2026 market trends report, published November 4, put the median close price for attached homes (condos and townhomes) at $375,000. That is up 2.74% from September and down 3.25% from October 2025. The year-to-date attached median was $382,500, down 3.16% from 2025.
The same report shows how the pace has changed. The median attached home spent 48 days in the MLS in October, up 17.07% from a year earlier, and sold for 97.69% of list price, down from 98.17%. DMAR described the attached segment as having more than seven months of supply and said condo and townhome buyers have real room to negotiate.
Within the City and County of Denver, the September 2026 local market update from DMAR and the Colorado Association of Realtors showed a year-to-date townhouse and condo median of $385,000, down 2.5% from $395,000 a year earlier. The September median alone fell 15.7%, but the report itself cautions that one month can look extreme because of small sample sizes. Active listings were down 5.2% from a year earlier.
| Measure | Latest figure | Change from a year earlier |
|---|---|---|
| Metro attached median close price, Oct 2026 | $375,000 | Down 3.25% |
| Metro attached median, year to date | $382,500 | Down 3.16% |
| Metro attached median days in MLS, Oct 2026 | 48 days | Up 17.07% |
| Metro attached sale-to-list ratio, Oct 2026 | 97.69% | Down from 98.17% |
| Denver city condo/townhouse median, YTD through Sept 2026 | $385,000 | Down 2.5% |
| Highland, all home types, 3 months ending Sept 2026 | $908,745 median | Up 3.9% |
| Highland, median price per square foot, same period | $440 | Down 19.7% |
Sources: DMAR October 2026 Market Trends Report; DMAR and Colorado Association of Realtors, City and County of Denver Local Market Update, September 2026; Redfin Highland housing market page, three months ending September 2026.
What do the numbers show for LoHi and Highland?
The closest neighborhood figures come from Redfin’s Highland housing market page, which covers the city’s Highland neighborhood, including LoHi. For the three months ending September 2026, Redfin reported a median sale price of $908,745, up 3.9% from a year earlier, on 47 sales. Over the same period, the median price per square foot fell 19.7% to $440, and 46.2% of homes had a price drop.
Those two numbers pull in opposite directions because they measure different things. The median sale price depends on which homes happened to sell, and Highland’s mix includes large single-family homes and townhomes. Price per square foot is a better read on value per unit of space, and it points down. Neither figure is condos only.
For condos specifically, Redfin showed 41 condos for sale in Highland on October 19, 2026, at a median list price of $523,000. That is an asking price, not a sale price, and it tells you what sellers hope to get, not what buyers have paid. We could not find a published LoHi condo-only median sale price with a year-over-year comparison, so we are not stating one.
Why are condo prices under pressure in Denver?
Several forces show up repeatedly in recent coverage. The Denver Gazette’s July 2026 report, “Is Denver’s condo market unraveling?”, cited an analysis putting the Denver condo median about 14% below its 2020 to 2022 peak, with price per square foot down roughly 22% to 23%. The reasons it listed include:
- Rising HOA dues and building insurance costs
- The cost of construction defect litigation for newer buildings
- Mortgage rates that make monthly payments higher than renting
- A surplus of new rental apartments delivered in 2024
- More inventory and more price cuts
HOA costs are a LoHi-specific issue worth understanding on their own. Our post on why LoHi condo HOA fees are going up covers insurance, reserves and what to ask for in an HOA’s documents.
The rental market is part of the comparison buyers make. CBRE reported a metro Denver average rent of $1,776 in the third quarter of 2026, down 2.9% from a year earlier. Matthews reported the combined Downtown and Highlands submarket had a 5.1% vacancy rate in the same quarter, the tightest in its report, so rents near LoHi are not necessarily following the metro trend. New apartment buildings along Speer and Bryant, covered in our post on what is being built on Bryant Street near Speer Boulevard, add to that supply.
What does this mean if you are selling a LoHi condo?
With months of supply above seven across the metro attached market, pricing and presentation carry more weight than they did a few years ago. The DMAR data shows attached homes taking longer to sell and closing a little further below list. Pricing to the most recent comparable sales in the same building, rather than to a past peak, is the most reliable starting point.
A few things help:
- Have the HOA’s budget, reserve study, insurance details and any planned assessments ready before listing.
- Compare against sales in the same building and similar nearby buildings, adjusted for parking, outdoor space, views and floor.
- Expect concession requests. DMAR reported that 65% of all October metro sales included a seller concession.
What does this mean if you are buying a LoHi condo?
Buyers have more room to negotiate on price, concessions and timing than in 2021 or 2022. The trade-off is that monthly cost, not just price, decides affordability. A lower price can be offset by a higher HOA fee or an upcoming special assessment, so the building’s finances deserve as much attention as the unit.
Colorado’s 2025 construction defect law, HB25-1272, created an opt-in program for multifamily builders that pairs warranties with third-party inspections. Supporters expect it to encourage more condo construction over time, but it does not change existing buildings. If you are weighing a sale, a purchase or both, Jason Sirois and the FORM Team at Compass Denver can pull the recent sales in a specific LoHi building.
Frequently Asked Questions
Are LoHi condo prices going down?
Denver-area condo prices are down modestly in 2026, about 3% year over year for the metro attached median. No source publishes a LoHi-only condo series, and nearby Highland data shows price per square foot down while the overall median rose.
What is the median condo price in Denver right now?
DMAR reported a metro Denver attached median close price of $375,000 for October 2026. For the City and County of Denver, the year-to-date condo and townhouse median through September 2026 was $385,000.
How long are Denver condos taking to sell?
The metro median for attached homes was 48 days in the MLS in October 2026, up about 17% from a year earlier, according to DMAR.
Is it a buyer’s market for condos in Denver?
DMAR describes the attached segment as having more than seven months of supply, which gives buyers room to negotiate. Individual buildings and price points can still move faster.
Why are Denver HOA fees rising?
Coverage in 2026 points to higher building insurance premiums, reserve funding and maintenance costs. Each HOA’s budget and reserve study show what is driving its own dues.
Should I wait to sell my LoHi condo?
That depends on your timeline, your building’s recent sales and your carrying costs. Comparing a sale now with the cost of holding the unit is a good starting point.
This article is general information based on DMAR, Colorado Association of Realtors, Redfin, CBRE, Matthews and Denver Gazette data available as of November 10, 2026. Market figures change monthly and neighborhood data can be based on small samples. It is not legal, tax or financial advice.
