Last week I showed you detached homes bifurcating upward – $1M+ claiming a bigger share every year. The attached market tells a completely different story.

I ran the same price bracket analysis across 4 consecutive Mays (2023-2026) for attached homes – condos and townhomes – across South Metro Denver. Here’s what the data shows:

The middle is disappearing.
The $400-$600K bracket – historically the engine of the attached market – has lost significant ground over three years, dropping from 38.0% of all closings to 34.0%. The $500-$600K slice has led that decline, falling every single year since 2023. In raw units, the combined $400-$600K zone dropped from 501 closings to 329. A 34% drop in just three years.

But the ends are holding.
$1M+ attached – think luxury townhomes and high-end condos – held its unit count flat (55 to 55) while everything else contracted. Its share actually grew from 4.2% to 5.7%. Meanwhile, the entry-level $150-$200K bracket nearly doubled its share, from 1.7% to 3.8%.

That’s a barbell. Both ends growing or holding. The middle giving way.

And the overall market is shrinking.
Total attached closings are down 27% since 2023 – from 1,317 to 967. This isn’t just bracket shifting. The pool itself is getting smaller.

What this means:

For buyers, the attached market below $400K is getting more competitive as more buyers price down. Entry-level condos are not the easy finds they once were.

For sellers of mid-range attached ($400-$600K), you’re in the segment under the most pressure. Pricing to the current market – not 2022 – is critical.

For luxury attached sellers, demand has been remarkably resilient. $1M+ is one of the few bright spots in this market.

The detached market is splitting upward. The attached market is splitting in both directions – and contracting overall.