Metro Denver Real Estate Market Update – March 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

The Spring Real Estate Market is Emerging!

After a lackluster January Market, and a short February late Winter month, we are seeing the Denver Real Estate Market cross the threshold from a quiet Winter and give way to the energy of a Spring buying season! This is always exciting to see the transition as buyers who have been waiting on the sidelines start to reengage, and sellers begin preparing their homes for listing and the pace of activity builds momentum. Many households are changing and forming with a diversity of Real Estate needs even in a World of uncertainty right now. 

We are excited to examine these numbers over the last month: Current Active Listings are around 9,000 and Pendings over the last month were up 29% from January and over 15% from February 2025! Closed Properties were up 30% from last month, but were down about 7% from this time last year. The Average Price of a Single Family home was $753,921 which is down almost 4% from last year, and the average price of a Condo or Townhome was $422,610 and that is down 7.5% from last year! The average days on the market has increased about 7% to 59!

Buyers, this is the perfect time to prepare with a Lender Pre-Approval for your mortgage and be ready to jump on the home that works best for you as inventory grows and prices have softened! 

Sellers, this is the perfect time to take advantage of the biggest buyer pool we typically see all year during this Spring Season. Remember that your success is determined by condition, location and the correct price for this current market! Price and Position are equally important to buyers right now and the homes that are truly dialed in well with staging, clean, and in great condition, located in strong areas and priced appropriately are still seeing multiple offers! It’s not the frenzy of the COVID years, but receiving two to three offers that are at or slightly above asking price!

One more trend we are witnessing is more homes coming on the market on a Wednesday or Thursday, instead of Friday as buyers are looking more during the week and preserving their weekends for skiing (yes, even this year) or other fun activities in Denver! 

Now is the time to enjoy this March Madness, and we look forward to sharing our Professional experience for your real estate needs!

Make it a great March! 

Metro Denver Area Luxury Market Update

The luxury home market in Denver is transitioning into a more balanced and opportunity-rich environment for both buyers and sellers this spring. While days on market have increased and pricing has softened slightly—down roughly 6.5%—the shift is largely the result of rising inventory and a more deliberate pace of decision-making across the market. Active listings have increased and buyers now have more selection, creating room for thoughtful negotiations and strategic purchasing opportunities.

Denver metropolitan area has seen inventory growth of more than 17% year-over-year in some segments, giving buyers leverage and more time to evaluate properties. In spite of these factors there is still steady demand for well-priced homes. Sellers who price their homes accurately and present them well are still attracting motivated buyers, particularly in desirable neighborhoods and for turnkey luxury properties. 

For buyers, this market provides a rare window to secure premium homes with less competition and potentially favorable terms.

For sellers, the opportunity lies in strategic pricing, strong marketing, and positioning properties to stand out in a growing inventory environment—ensuring that well-prepared listings continue to command strong attention and successful outcomes. 

As always, the metro Denver market is very neighborhood specific. Consult with your favorite RE/MAX Professionals’ agent for information on your neighborhood and your home.