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Do homes sell for asking price in Colorado?

The typical Colorado home sells for 99% of its final asking price - but only 98% of what it first asked, because 44.4% of sellers cut the price before it sold.

Both figures matter and they say different things. The first is what a home fetched against the number it was carrying on the day it went under contract. The second is what it fetched against the number its seller started with, which is the only one that tells you whether the price was right in the first place.

99%
Of final asking price
98%
Of original asking price
21.4%
Sold above asking
44.4%
Cut the price first
$25,495
Typical price cut

Above, at, or below asking

Against the final asking priceHomesShare
Sold above asking13,87421.4%
Sold at exactly the asking price16,94126.1%
Sold below asking34,07352.5%

Among the 13,874 that beat asking, the typical margin was $8,210. Among the 34,073 that did not, the typical shortfall was $15,000 - about twice as far. Colorado is not a market where bidding wars are the normal outcome; it is one where a well-priced home lands close to its number and an over-priced one gets discounted.

The figure almost nobody publishes

28,802 of the 64,887 Colorado homes that sold in this window had reduced their asking price before they did - 44.4% of them. The typical reduction was $25,495.

This is why "sold for 99% of asking" is a comforting statistic and a slightly dishonest one. A home that asked $595,495, sat, dropped by the typical Colorado reduction to $570,000 and then sold at that price counts as 100% of asking in every report you will read. Measured against what it first asked, the whole Colorado market sold at 98%, and only 10,248 homes - 15.8% - beat the number they opened with.

By price

Sold priceHomes soldSold above askingCut the price firstOf final asking
Under $300k4,60214.7%51.6%98%
$300k to $500k19,24923.3%48.4%100%
$500k to $750k23,86623.5%44.1%100%
$750k to $1M9,41120.3%40.9%99%
$1M to $1.5M5,19617.6%36.1%98%
$1.5M and up3,41813.4%36.2%97%

Where sellers beat asking most often

Towns with at least 150 sales carrying an asking price, ranked by the share that closed above it.

TownShare that beat askingHomes that beat askingTotal salesMedian sold price
Northglenn34.4%127373$460,000
Commerce City31.1%3651,195$497,500
Evans29.1%78270$389,350
Arvada28.6%5952,113$620,000
Wheat Ridge28.6%118427$640,000
Thornton27.9%4871,768$523,250
Johnstown27.5%210765$490,900
Aurora27.5%1,5265,632$470,000
Bennett26.8%56210$457,195
Westminster26.7%2631,000$545,000

The biggest markets

TownSalesSold above askingCut the price firstOf final asking
Denver9,83321.4%43.5%99%
Aurora5,63227.5%49.5%100%
Littleton2,99822.3%44.9%99%
Colorado Springs2,84521.5%47.4%100%
Fort Collins2,66618.9%32.9%100%
Arvada2,11328.6%39.1%100%
Parker1,87821.1%45.9%99%
Castle Rock1,78919.7%51.6%99%
Thornton1,76827.9%43.9%100%
Lakewood1,73926.3%43.0%100%
Loveland1,62717.5%41.4%100%
Longmont1,54518.6%39.0%99%
Boulder1,49012.2%36.2%98%
Centennial1,41624.5%42.1%99%
Broomfield1,36922.8%40.5%100%

Common questions

Do homes sell for asking price in Colorado?

Usually just under. The median sale closed at 99% of the asking price it carried at the end, across 64,888 sales between September 2025 to August 2026. 13,874 of them - 21.4% - closed above asking, 26.1% landed exactly on it, and 52.5% came in below.

How many Colorado sellers cut their price?

28,802 of 64,887 - 44.4% - were asking less at the end than they were at the start. The typical reduction was $25,495.

What did homes sell for against their ORIGINAL asking price?

A median of 98%, and only 10,248 homes - 15.8% - beat the price they first asked. That is the figure to judge a pricing strategy by; the percentage of the final asking price flatters every seller who reduced.

How much over asking do homes actually go?

Not far. Among the homes that beat their final asking price, the typical margin was $8,210. Among those that came in under, the typical shortfall was $15,000 - roughly twice as much.

Price it right the first time

Nearly half of Colorado sellers reduce, and a reduction costs more than the money - it costs the weeks before it. We would rather tell you the number we think will work than the number that wins the listing.

Get your numbers

Where these numbers come from

Every figure on this page is recalculated from the live MLS feed at the moment the page loads - it is not a monthly snapshot. Sales figures cover residential sales only, over the last twelve complete calendar months; rentals, land and commercial are excluded, as are fractional co-ownership shares, which are priced per share and would distort every median. Market data is deemed reliable but not guaranteed - talk to us before making a decision on it.

The percentage of asking price is measured against the price a home was asking when it went under contract. The original-asking figures use the first price it was ever listed at, which our feed carries on 98.7% of these sales.