NAR Denver research
Can a Long-Time Denver Homeowner Still Be a First-Time Seller?
What does this mean for my decision?
Yes. NAR found first-time sellers in every generation it displayed, including 17% of younger Baby Boomer sellers. For a Denver-area owner facing a first sale, the useful starting point is a proceeds estimate and a selling-and-moving plan.
By Rick Janson, JD/MBA Realtor®
Published
How can I use these findings?
Start by separating what your home may sell for from the cash you may receive after paying off loans and sale expenses. Then map when you need to prepare, market, close and move. September county median Days in MLS ranged from 21 to 38, so a plan should accommodate more than one marketing timeline. The national generational finding explains why asking basic selling questions is useful even after decades of ownership; your property and current competition determine the actual plan.
How common is a first sale within each generation?
The denominator is sellers within each generation, rather than all homeowners or all first-time sellers. A 17% share does not mean Baby Boomers account for 17% of first-time sales. A long-time owner can have substantial equity while still needing an explanation of the selling process.
Our original comparison finds a 55 percentage-point gap between younger Millennial and younger Boomer sellers, and a 1.7-to-1 first-sale share among younger versus older Boomers. Neither calculation measures the size of Denver’s first-time-seller population.
Scroll horizontally to see all columns.
| Seller cohort | First-time seller share (%) | Repeat seller complement (%) |
|---|---|---|
| Younger Millennials | 72 | 28 |
| Older Millennials | 52 | 48 |
| Gen X | 25 | 75 |
| Younger Baby Boomers | 17 | 83 |
| Older Baby Boomers | 10 | 90 |
| Silent Generation | 7 | 93 |
Sources: NAR Home Buyers and Sellers Generational Trends; figures presented October 12, 2026
What does the local selling environment add?
September single-family median Days in MLS ranged from 21 in Arapahoe and Jefferson counties to 38 in Adams. These are observations for the source’s closed-sale metric, not a promise that a newly listed home will sell within that range.
The useful connection is a planning question: how much time is needed to understand proceeds, prepare the property and coordinate the next home before marketing starts? Selling experience and current local competition are separate inputs.
Scroll horizontally to see all columns.
| County | Closed listings | Median Days in MLS |
|---|---|---|
| Adams | 435 | 38 |
| Arapahoe | 436 | 21 |
| Boulder | 249 | 28 |
| Broomfield | 72 | 36 |
| Denver | 402 | 23 |
| Douglas | 389 | 36 |
| Jefferson | 477 | 21 |
What can this study establish?
It establishes that first-time selling occurs in every displayed generation. It does not establish that older owners lack financial knowledge, that tenure causes uncertainty, or that the national percentages can be multiplied by Denver listing counts to estimate local first-time sellers.
Companion guide: What Should I Know Before Selling My First Denver-Area Home?
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