Metro Denver Real Estate Market Update – April 2026

Our market update for the metro Denver area for March 2026 is broken down into All Residential, as well as Luxury Residential stats.

Below are links to download our update, as well as a breakdown of the stats in more detail:

• Metro Denver Area Residential Market Update
• Metro Denver Area Residential Luxury Market Update
• Metro Denver Area Residential Market Update Detailed Stats

Metro Denver Area Residential Market Update

Ready or not!  Spring is Here!

It seems in the World today the only reliable forecast is to expect the unexpected.   

Geopolitical uncertainty rattled financial markets impacting consumer mindset, and March 2026 delivered a pleasant surprise with market trends that pointed towards the positive. With seesawing mortgage rates that threatened to stall the momentum we saw building in February – March surprised with nearly 6,000 new listings coming on the market – up nearly 20% from February. Pending sales jumped as well – up 31 percent month-over-month – with buyers absorbing the new inventory quickly.  

In fact, average days in the MLS dropped 15 percent month-over-month to 50 days from 59 – a signal that buyers are no longer just browsing, they are buying.

Market activity wasn’t isolated to a single segment or price point – it was broad-based across both single family and attached homes. The average price of a Single Family home rose to over $785,000 up 4% from February and $453,000 for Condos and Townhomes up 7.5% from February. Demand has softened over the past two years and 2026 continues to lag 2025 with closed sales down 5 percent and the median close price down 1.7 percent at $580,000. The close-price-to-list price ratio ticked up to 99.13 percent, and well-priced homes in desirable locations saw multiple offers. Overall March’s numbers show a positive trend for both buyers and sellers heading into spring. Despite fluctuating rates and some uncertainty in the world it clearly illustrates that the real estate market is still alive and well, and people still are moving.  

As Inventory normalizes, and pricing adjusts, demand is returning.  

Now more than ever you need to work with a professional who can assist you in understanding your specific needs and how they match the market. Accurate pricing, professional preparation and offering the right concessions will be an important part of success heading into the Spring Selling Season!

Metro Denver Area Luxury Market Update

The luxury segment of the metro Denver housing market in early 2026 is showing clear signs of renewed momentum, but within a more disciplined and balanced environment than the pandemic-era boom. High-end prices are rising again—roughly 4–6% year over year depending on price tier—while days on market have come down significantly (for example, from ~52 days last year to closer to the high-30s in some luxury brackets). This lines up with what you’re seeing: stronger sales activity and faster absorption as the spring market ramps up. At the same time, luxury inventory remains relatively contained (around 3–4 months of supply), which is enough to create choice for buyers but still supports pricing power for well-positioned listings. That said, this is not a “runaway seller’s market.” The defining characteristic right now is selectivity and pricing discipline. Luxury homes are still averaging roughly 60–70 days on market in many cases and often trade below list if overpriced. Buyers are more patient, comparing options and negotiating, especially as overall inventory has risen. So while your stats show prices up ~2–3%, sales up ~8%, and DOM compressing, these numbers are accurate for the current spring cycle, they sit within a broader context of a normalized, more strategic market rather than a frenzied one.

For sellers, improving demand, lower days on market, and modest price appreciation mean properly priced luxury homes—especially turnkey, lifestyle-oriented properties—are selling efficiently and sometimes with strong terms. For buyers, increased inventory versus prior years and more negotiating leverage especially on homes that linger or are aspirationally priced create real opportunities to capture value. Always consult your favorite RE/MAX Professionals agent for specific information for the neighborhood you are interested in.