What does it cost to wait for a home you can't buy yet? Plenty of Greenwood Village homeowners who want less house and less upkeep are asking that this fall. The most-watched answer to that want is Village at Landmark, and its sales calendar runs well behind the resale market around it.
A Price That Can't Be Locked Before Spring
Century Communities broke ground on Village at Landmark on June 4, 2026. It's a gated enclave of 90 detached single-family homes on a 13-acre site directly south of The Landmark entertainment district. According to Century's announcement, plans run from 3,280 to 4,500 square feet and include private elevators, rooftop living spaces and three-bay garages. Expected pricing is $1.7 million to $3 million, and sales are expected to begin in spring 2027.
For a buyer, the key detail is the sequence. The Denver Gazette reported that the two model homes are expected in the second quarter of 2027, and that the builder plans to finish them before taking presales. In the Gazette's account, The Village's managing director, Scott Sinelli, put it plainly:
"We do want to get the models completed before we start preselling."
So nobody can sign a contract, lock a price or pick a lot there before spring at the earliest. Century's "spring 2027" sales start and the Gazette's "second quarter 2027" model timing don't line up exactly, and both are estimates. Right now the website is an interest list. A homeowner who wants this product has two choices. They can wait roughly half a year with no price commitment from the builder, or they can act in the resale market as it stands. And that resale market is really two markets heading in different directions.
The Two Halves of a Move-Down Sit in Opposite Markets
A move-down involves two transactions: selling the larger home and buying the smaller one. In Greenwood Village this fall, those two transactions carry very different leverage. The figures below come from the Colorado Association of REALTORS Local Market Update for September 2026, with data current as of October 5, 2026.
| Greenwood Village, 2026 | Single-family | Townhouse/condo |
|---|---|---|
| Active listings, end of September | 28, down 49.1% from a year earlier | 30, up 7.1% |
| Under contract in September | 9 | 1 |
| Closed sales, January through September | 92 | 27 |
| Median sales price, January through September | $2,050,000 | $660,000 |
| Percent of list price received, January through September | 97.8% | 96.9% |
| Days on market, January through September | 46 | 63 |
The comparison that matters is listings against sales. Townhouses and condos sell in much smaller numbers here, with 27 closings in the first nine months of 2026. Even so, they ended September with more active listings than the single-family side. At the year-to-date pace of about three attached closings a month, 30 listings is roughly ten months of supply. That figure is calculated from CAR's counts, not a statistic CAR publishes. The same calculation for single-family homes, about ten closings a month against 28 listings, comes out under three months.
In practice, the owner of a larger Greenwood Village home is selling into one of the thinnest single-family inventories the city has carried in a year, with active listings down by nearly half since September 2025. That same owner, shopping for a townhome or condo, is buying where sellers have been waiting longer and accepting less of their asking price. Both conditions apply today. Neither is guaranteed to last until spring.
September's Attached Headline Is a Small-Sample Effect
Anyone checking the September numbers for the first time will see the attached median at $957,500, up 139.4% from $400,000 a year earlier. That figure comes from four closings, the same count as September 2025. CAR's own footnote warns that one month of activity can look extreme with a sample that small.
Contract activity describes the market more accurately. Thirty townhouses and condos were listed and one went under contract in September, down from six in September 2025. The four attached homes that did close in September averaged 86 days on market and sold at 93.9% of list price. When four expensive units close in one month, the median jumps. One contract against 30 listings shows where the leverage sits.
The single-family September numbers need the same caution, since they rest on six closings. The year-to-date figures are steadier. A 97.8% list-price ratio across 92 sales, with active inventory cut almost in half, points to a seller's side that holds up better than the attached side.
Where the $1.7 Million Floor Actually Sits
Village at Landmark is sold as low-maintenance living, but its price places it in a different category. Its $1.7 million starting price is more than two and a half times Greenwood Village's year-to-date attached median of $660,000, and not far below the $2.05 million single-family median. At the top of its expected range, $3 million, it sits above that single-family median.
That matters because owners move down for different reasons. Some want to free up equity. Others want to keep the same budget and drop the yard, the stairs and the upkeep. For an owner whose home would sell near the city's single-family median, Village at Landmark is close to a lateral move in dollars that changes how the home lives day to day, not a cash-releasing downsize. For an owner who wants to free up equity, the resale townhome and condo market is the only place in the city where that math works right now, and it happens to be the market where buyers have room to negotiate.
The product is also uncommon. Century calls Greenwood Village one of the most land-constrained submarkets in the Denver metro. The Gazette described the project as one of very few single-family developments along the south I-25 corridor in the past decade. It's being built on a site that sat empty after an earlier plan collapsed in 2008, ground Century reportedly bought from the FDIC for $11 million in 2016. The Gazette also reported that none of the five plans has a ranch or main-floor primary suite layout. The private elevators handle the stairs. Buyers who need single-level living should know that before joining the interest list.
Being near The Landmark is part of the pitch. The Gazette pointed to the district's restaurants, the Comedy Works club and the Monk & Mongoose coffee shop as walkable draws. Century adds trails and Club Greenwood nearby. Whether the project will have an HOA, a metro district or both, and what either would cost, hasn't been published. That cost will affect the monthly comparison with a resale townhome as much as the purchase price does.
The Metro Numbers Point the Same Way
The Denver Metro Association of REALTORS September 2026 report, published October 3, shows the same split across the metro. Attached homes metro-wide carried 7.21 months of inventory in September, with a median close price of $365,500, down 6.28% from a year earlier.
The luxury attached tiers are more active than that metro-wide figure suggests. DMAR reports that year-to-date attached closings above $1 million were up 6.35%, with gains in every tier: 5.60% from $1 million to $1.5 million, 5.41% from $1.5 million to $2 million, and 11.11% above $2 million. So demand for high-end low-maintenance homes is growing across the metro, while inventory in the broader attached market stays elevated. For a Greenwood Village buyer, that means room to negotiate on most attached listings, with less room at the top of the market, where Village at Landmark will compete once it opens.
Sequencing a Move-Down Before Spring 2027
For an owner weighing the wait, the calendar sets the order of decisions:
- Decide which kind of move this is. If the goal is freeing up equity, the resale attached market is where the numbers work. If the goal is the same budget with less upkeep, Village at Landmark and the city's smaller single-family homes are the comparison set.
- Value the current home against today's inventory. Single-family active listings ended September at 28, down from 55 a year earlier. That scarcity is part of the home's value now, and spring listings could change it.
- Price the attached option by contract activity. One townhouse or condo went under contract in September against 30 listings. That count says more about negotiating room than any single month's median.
- Set the Village at Landmark wait against a real date. Models are expected in the second quarter of 2027, presales after that, and HOA or metro district costs haven't been disclosed. Joining the interest list costs nothing. Holding a sale for it means carrying the current home through winter without a price commitment from the builder.
A Few Direct Questions
Can I reserve a home at Village at Landmark now? Century says sales are expected to begin in spring 2027, and the Gazette reported that presales will wait until the models are finished. The public option today is the interest list linked from the builder's announcement.
Is the Greenwood Village townhome market really up 139% this year? No. That figure compares September 2026 with September 2025, and each month had four closings. The year-to-date attached median through September was $660,000, up 33.3%.
Do the CAR figures cover The Landmark's condo towers? They count every townhouse and condo sale in Greenwood Village together, so the tower units are in the totals but not broken out. Comparing a specific building means pulling that building's own recent closings.
This post is general market information, not legal, tax or financial advice. Questions about HOA or metro district obligations, or how a sale affects your taxes, belong with the right professional for your situation.
If you're deciding whether to sell this fall or hold for spring 2027, Chad Nash can map both timelines against your home's value and the attached inventory you'd be buying from. Begin with a Strategic Conversation.
