A note from Travis
Hope everyone had a wonderful Labor Day Holiday! This report is a little later than normal due to the holiday. Fall isn't here yet, but Broncos football is! The market didn't wait for the seasons to turn. Remember the three homes under contract in last month's report? All three closed, and the pipeline filled right back up. One number below is going to catch your eye, so let me get ahead of it. The typical sale price over the past year jumped 6% in a single month. Your home value didn't. I explain why first thing below. Two sales in the entry price tier are worth a look, both fixer uppers, both purchased all cash. The one on Alaska Place went $30,000 over asking in a single day. The one on Foothill needed everything and still sold quickly. The investors are out. Hope to see you on the trails as the weather cools.
— Travis
Green Mountain Estates Home Sales in August 2026
Last 12 months through August
$832,500
Median sale price
5 homes closed in August and 7 went under contract, in a neighborhood that averages 3 sales a month. Exposition Drive carried much of it, with 3 sales since early July. 7 homes are for sale now, down from 8, and only 3 of them have cut their price. Last issue it was 6 of 8.
The typical home sold here over the past year went for $832,500, up from $785,000 last month. What moved that number is which homes are selling. 8 have closed above $1,000,000 so far in 2026, against 6 in all of last year.
That is a change in the mix, not in what your house is worth. The upper end here is trading, and that is a different thing from prices rising.
There is less to choose from. The 7 homes for sale work out to about 2.3 months of inventory at the current pace, down from 2.7. That is a backlog clearing rather than listings drying up, and nothing left the market without finding a buyer. What is left is the harder inventory, like the one on Kentucky Drive listed 356 days.
August's standout
Every home that sold in Green Mountain Estates in August closed below its original asking price, by 10% to 21%.
Closed in August (5)
4 BD / 3 BA · 3,644 sqft · Listed 7/8 at $1,200,000 · Closed 8/7 · 10 days on market · Cash sale · $12,000 in concessions
4 BD / 4 BA · 2,936 sqft · Listed 5/21 at $1,175,000 · Closed 8/31 · 74 days on market
3 BD / 3 BA · 3,750 sqft · Listed 5/26 at $1,200,000 · Closed 8/3 · 35 days on market
The widest gap of the month between where a home started and where it finished, $250,000.
3 BD / 4 BA · 3,156 sqft · Listed 6/4 at $950,000 · Closed 8/31 · 69 days on market · Cash sale
5 BD / 4 BA · 2,639 sqft · Listed 3/11 at $750,000 · Closed 8/7 · 113 days on market · $15,000 in concessions
Went under contract in August, still pending (2)
5 BD / 5 BA · 7,124 sqft · Listed 7/9 at $1,400,000 · Pending 8/12 · 34 days on market
4 BD / 3 BA · 2,471 sqft · Listed 7/25 at $729,000 · Pending 8/27 · 33 days on market
It went under contract at its original asking price, having never cut it.
The third home under contract is 13337 W Exposition Dr, which went under contract on September 4 and is covered below.
Went under contract in August, closed in early September (2)
5 BD / 3 BA · 2,700 sqft · Listed 8/20 at $520,000 · Closed 9/4 · 1 day on market · Cash sale
The only home here to sell above its asking price, by $30,000. It was also the least expensive listing in the neighborhood.
4 BD / 3 BA · 2,784 sqft · Listed 8/6 at $735,000 · Under contract twice · Closed 9/4 · 13 days on market · Cash sale
New on the market in August (4 listed, 2 already closed)
5 BD / 4 BA · 3,616 sqft · Listed 8/27 at $1,250,000 · 14 days on market
4 BD / 2 BA · 1,948 sqft · Listed 8/26 at $639,900 · 15 days on market
Two more homes listed in August have already closed, both shown above.
Still for sale, listed before August (3)
$1,650,000 · 356 days on market · originally $1,850,000, one reduction in April
$700,000 · 78 days on market · originally $835,000, on its sixth price reduction · under contract in August, back on the market September 4
$659,000 · 91 days on market · originally $725,000, on its fifth price reduction
The first 10 days of September kept the pace up. Both August contracts on Alaska Place and Foothill Drive closed on the 4th. 13337 W Exposition Dr went under contract the same day, asking $710,000. That makes five Exposition Drive homes to sell or go under contract since the start of July. Two new listings arrived, 13782 W Dakota Ave on the 4th at $729,950 and 13517 W Alaska Dr on the 10th at $650,000. Both count in the seven homes for sale above, with full details next month.
What Green Mountain Estates Sellers Should Expect
Showings benchmarks for August 2026
7.7
Green Mountain Estates 7.7
Denver metro 4.8
80228 ZIP 6.8
10.0
Green Mountain Estates 10.0
Denver metro 10.0
80228 ZIP 10.0
Fewer people are walking through. A Green Mountain listing drew 7.7 showings over the three months through August, down from 9.0 last month and 16% below the same three months last year. Even so, homes here still draw more interest than almost anywhere nearby. The metro average is 4.8 showings and the wider 80228 ZIP is 6.8.
It is not taking more showings to get an offer. The typical home that went under contract here did it after 10, the same as the metro and the 80228 ZIP.
Traffic is thinner, but the homes that do sell are not working any harder to find their buyer. What is taking the time is price. The 5 homes that closed in August sat a median of 69 days, and every one of them cut its price before it sold. Exposure is not the problem here. The asking price is.
