Applewood Insights

Each month I track Applewood's housing trends closely. These numbers come from REcolorado and run about a month behind, so this covers August 2026. It was a thin month with 21 closings, so a few sales move the averages more than usual. Speed was the story. The median home spent just four days in the MLS, down from seventeen days last August, and it took a median of 15 showings to reach a contract. Sellers accepted a median of 97.1 percent of list price, the softest August I have on record here. The typical home sold for $900,188, essentially unchanged from a year ago. The average was much higher at $1,200,819, but that reflects a handful of high end sales rather than broad appreciation. The takeaway is that pricing accuracy matters more than ever. Priced right, an Applewood home sells in days. Priced high, it sits, and then it negotiates.