The Best Time to Buy a House in Colorado

Ben Mizes


Ben Mizes

June 16th, 2022
Updated June 16th, 2022


Are you ready to experience a Rocky Mountain High but you know nothing about the Colorado real estate market? Learn when the best time to buy a home in Colorado is. Learn how a buyer’s agent will look after your best interests when purchasing a home.

best time to buy colorado

Buying a house is a stressful and emotional process. You'll likely have to spend weeks touring properties, fill out hundreds of forms, and invest a large chunk of your savings to secure the right house.

One way to make buying a house easier is starting the process at the right time. In Colorado, housing inventory, mortgage rates, and market trends vary from month to month.

For example, this year listing prices for homes in Colorado were lowest in May. On average, homes were $107,627 less expensive. While in November — the month with the highest prices — the listing prices were $104,342 more than the annual average.

In truth, the best time to buy a house really depends on your priorities and situation. Read on to find out which time of year will give you the most options and the biggest savings when buying a house in Colorado.

Best Month For

Listing price
10.9% lower than average
Housing inventory
20.0% more homes to choose from
Mortgage rates
2.92% interest for 30-year mortgage data (10/1/2020)
Bankrate data (12/1/2020)

If you're interested in buying a home, the first step in the home buying journey is to find an experienced realtor who's an expert in your local market. The right agent can help you find the best house for your budget and priorities - and negotiate a winning offer so you don't miss out on your dream home.

The easiest way to find a great local realtor is to use a free service like Clever Real Estate. Clever matches home buyers like you with top agents in your area so you can compare your options and choose a realtor who's the right fit for you.

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The Best Time of Year to Buy in Colorado

Many residents of Colorado find themselves in a unique situation when putting their homes on the market. Since much of the mountainous region of the state is snow covered throughout late fall, winter, and early spring that means that the real estate season is relatively short.

As soon as the snow thaws, the Colorado rivers, creeks, and housing market begin to flood. March, April, and May are the most competitive months on the market. There are also plenty of buyers to bid against each other for those properties in the late spring months.

So when is the best time to buy a home in Colorado? If you can be patient for a few months, the time when Colorado buyers tend to receive the most discounts is June, July, and August.

Coloradans want to be settled in their new homes before winter hits, and since many homes are near the mountains, the beginning of winter weather is somewhat unpredictable.

The Best Places to Buy a Home in Colorado

The area surrounding Denver remains to be a favorite spot to live in Colorado. With the mountains at your back door and lots of career opportunities, it is not surprising that the Denver area continues to grow.

Where, precisely, should you look? Of course, your best option is to spend some time in cities, towns, and neighborhoods in Colorado to see which ones feel the best to you and your family. It would also be prudent to talk with local real estate agents to learn where you can make the best real estate investment.

Here are five popular areas you may want to consider.

Holly Hills

Located in suburban Denver, Holly Hills offers excellent public schools in a suburban setting. There are plenty of coffee houses and restaurants, and over 90% of the residents own their own homes.

Pine Brook Hill

One of the only spots on this list that is not around Denver, Pine Brook Hill is located in Boulder County. The schools are highly rated, and most of the residents own their own homes.

South Park Hill

South Park Hill is a neighborhood in Denver. It is family oriented with good public schools. It has an urban feel, but most people own their own homes.


Wellshire is another neighborhood in Denver that has earned a lot of attention. The residents love the amenities that the area offers while at the same time love having sizeable natural recreation areas within driving distance.


The name says it all. Superior, a suburb of Denver has a population of a little less than 13,000. There are plenty of restaurants, theaters, and malls to fulfill your shopping and entertainment needs.

4 Ways to Get a Great Deal On a Home in Colorado

1. Find a Great Colorado Real Estate Agent:

You may be an expert in many things, but chances are you don’t know much about the real estate market in Colorado. Find someone who does know the area and will work for you as your buyer’s agent. Find someone with premier negotiation skills who will look out for your best interests.

2. Assess Your Needs and Lay Out Your Goals:

Your buyer’s agent will assess your needs and ask you the right questions to help you narrow down where you would like to live in the Colorado area. He or she may suggest certain areas based on your financial situation.

Do you want to live close to a downtown area? Do you want to live in a place with excellent public schools? Do you want to live in a quiet community that is away from the hubbub of the city? Your buyer’s agent will help you find the perfect location.

3. Find a Lender and Secure Financing:

Unless you plan to buy your home with cash, you'll need to apply for a mortgage. For most home buyers in Colorado, interest rates are among the biggest factors when choosing a lender. Doing a little upfront research and comparing options to find the best rates could save you tens of thousands of dollars over the life of your loan.

For example, in Colorado a typical house is worth $428,000. Assuming a 20% down payment, if you took out a 30-year mortgage for 3.5%, your monthly payment would be $1,527. But if you shopped around and found a 3% mortgage, your monthly payment would drop to about $1,444.

Getting a mortgage is a big decision – and it pays to shop around! Keep shopping until you find a lender with competitive rates who also understands your goals. Don’t get pressured into taking on a bigger loan than you’re comfortable with – work with a lender who explains what you’re really signing up for.

It’s easy to start your home buying journey – answer a few questions to get instantly matched with a lender who works in your area.

4. Negotiate for the Best Possible Price:

Once you’ve chosen your dream property, your agent will help you make and submit an offer. They will then negotiate with the owner again following the home inspection to ensure you’re getting the best deal possible.

Are you ready to take the first step to move to Colorado? Fill out this online form, and a Clever representative will be in touch to answer any questions you may have and connect you with a local Partner Agent for a no-obligation consultation.

Take that first step and find an expert in the industry to help you with your purchase.

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