Denver, CO metro area Housing Market

Warm Market

Comprehensive housing market data for the Denver, CO metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$589K

1.0% YoY

Days on Market

24 days

4.0% YoY

Active Inventory

9,908

2.0% YoY

Homes Sold

3,839

2.9% YoY

Warm Market

The market is active with moderate buyer demand.

Denver, CO metro area Market Summary

The Denver, CO metro area housing market is heating up. As of March 2026, the median home sale price is $589K, down 1.0% year-over-year. Homes are spending a median of 24 days on the market, 4.0% shorter than a year ago.

There are 9,908 homes for sale — 2.0% fewer than last year. With 2.6 months of supply, this is a seller's market. 5,797 new listings were added during this period, down 6.9% year-over-year.

Homes are selling for 99.1% of their list price on average, suggesting room for negotiation. 27.8% of homes sell above their asking price. 38.2% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

58

Contributing Factors

Months of Supply 2.6
Days on Market 24
Price Drops 38.2%
Sale-to-List Ratio 99.1%
Market Temperature Warm

How This Market Compares

vs. National Median

Median Price (National: $437K) 34.9%
Days on Market (National: 55) 56.4%
Inventory (National: 1,314,690) 99.2%

vs. Colorado Median

Median Price (Colorado: $604K) 2.5%
Days on Market (Colorado: 45) 46.7%

Investor Takeaway

A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 35% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.

Denver, CO metro area Market Trends

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Detailed Market Metrics

Median List Price

$610K

Price per Sq Ft

$286

Sale-to-List Ratio

99.1%

Months of Supply

2.6

Sold Above List

27.8%

Price Drops

38.2%

New Listings

5,797

6.9% YoY

Pending Sales

5,112

Off Market in 2 Weeks

45.8%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.