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Buying and selling in Denver at the same time: your real options

Doing both at once feels like the hardest version of an already stressful process. Sell first and you might need a place to stay. Buy first and you might end up carrying two mortgages. Here's the good news: Denver's market right now actually makes this easier than it's been in years. Let's talk through why, and what your actual options are.

Where Denver's market stands right now

As of early August, active listings across the metro sit around 12,600, showing traffic is trailing last year by about 7.5%, and pending contracts are down 10% year-over-year. Months of supply is rising across every property type. In plain terms: this is a buyer's market, and the leverage buyers have is real and still growing.

That shows up in the numbers from July too. Median sale price across the metro was $605,000, active listings had climbed to over 13,100, and homes were sitting a median of 21 days before going under contract — longer for condos and townhomes. More than half of active listings have taken a price reduction at some point. Sellers are still netting close to full asking price after concessions, so it's not a collapse, it's a reset. But it's a market where buyers can negotiate, and where sellers need to be realistic about time and price.

What that means for you

A softer market cuts both ways when you're doing this dance, and mostly in your favor. As a seller, you'll likely need to price competitively and expect a longer runway than you would have two or three years ago. As a buyer, you have real room to negotiate, more inventory to choose from, and less pressure to waive every contingency just to compete.

Your three real paths

A home sale contingency. You make an offer on your next place with a clause that lets you walk away, and get your earnest money back, if your current home doesn't sell within an agreed window. Sellers in a hot market often reject these outright, or attach a kick-out clause that gives them 72 hours to accept a better offer if one comes in. In today's slower Denver market, though, sellers are seeing fewer competing offers overall, which makes them more willing to consider a contingent buyer than they'd have been in 2021 or 2022.

Sell first, then rent back. You close on your current home and negotiate a short-term lease with the buyer so you can stay put while you finish shopping. This unlocks your equity for the next down payment and removes the contingency problem entirely. The catch is that it depends on your buyer being flexible, and flexible buyers are more common when they aren't competing against five other offers — which, again, describes a lot of Denver right now.

A bridge loan or HELOC. You borrow against the equity in your current home to fund the purchase of the next one before your old home sells, which lets you make a clean, non-contingent offer. Terms vary a lot by lender. Some short-term bridge products run interest-only for around six months with loan amounts up to $500,000. It's real debt on top of your existing mortgage until your old home closes, so it's worth running the numbers carefully with your lender before you commit.

Practical moves that help regardless of path

Price your current home using real, current comps rather than what your neighbor's identical house sold for two years ago. Get your home staged and professionally photographed before it hits the market. Have your mortgage pre-approval in hand before you start touring. And if you're the one buying, a slightly larger earnest money deposit or flexible possession terms can make a contingent offer meaningfully more attractive to a seller, even without waiving your protection.

The one thing I'd caution against: don't let a tight timeline push you into a bad decision on price, on either end. It's tempting to drop your asking price just to force a sale before your next closing, or overpay to lock down a house before your old one sells. A little planning up front avoids most of that pressure entirely.

My take

The sequencing question is exactly why I like to get looped in on both sides of this from day one, not after one piece is already moving. When I know your full picture — what you need from the sale, what you're hoping to buy, and how much flexibility you actually have on timing — I can build a strategy around the whole transaction instead of reacting to whichever piece moves first. In a market like this one, with more room to negotiate on both ends, that planning is worth more than it's been in years.

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