Denver Metro Area Real Estate Market Update
By David Schlichter
We hope these last few weeks have been wonderful for you--whether you've been celebrating a holiday, on Spring Break with your kids, or just getting outside to enjoy this gorgeous weather! Our team has been laser-focused on achieving results for our clients, so we've been hard at work showing buyers homes, promoting our listings, and preparing new homes for the market.
The Month at a Glance
Quarterly Reality Check
On a year-over-year basis, the average sale price was essentially unchanged from Q1 2025 to Q1 2026 (0.04%), while the median sale price dipped 1.6%. The luxury market appears to be holding up well, with properties $2.4M+ seeing a 9% increase in the average sale price from Q1 2025 to Q1 2026--but this market is performing very differently depending on price point, neighborhood, property type, and property condition.
Client Scenario of the Month: Why “Re-list It” Isn’t Always Our Advice
A prospective client reached out about re-listing a condo that had recently expired after sitting on the market for months. After pulling the closest comps, we noticed a stark pattern: dozens of similar units had hit the market in recent months, and only a handful had actually sold. Instead of pushing to get the listing, we walked through the data and the options, including renting and waiting for a better window. A few weeks later, the same prospective client came back to discuss selling a single family home in a neighborhood where homes are moving, a reminder that this market is hyper-segmented and strategy has to match the micro-market. Read the full story here.
Seasonal Quick Tip: Spring Curb Appeal
If you’re like us and can’t wait until the Mother’s Day rule to start seeing your garden in bloom, try planting annuals that can handle variable temperatures and light frost. The best ones to plant right now? Pansies, sweet peas, larkspurs, snapdragons, and alyssum. It’s also one of the easiest ways to enhance curb appeal, especially if you are thinking about selling soon!
If there is anything our award-winning team can do for you, please reach out to us today to start the conversation.
Denver Metro Area: Market Report
March of 2026 brought a notable month-over-month uptick in showing activity, with the quantity of new listings, showings per listing, closed transactions, and sale prices all up month-over-month, and days on market declining by 19%.
On a year-over-year basis, the first quarter of 2026 was slower than last year, and, with multiple holidays and spring break coinciding this past week, the start of April this year was also (expectedly) slow. That being said, we anticipate the coming weeks will be much busier--particularly with the good weather in the forecast!
Want to get out and see some beautiful homes in the beautiful weather? Reach out to us today to schedule a showing!
Denver Metro Area: March Market Stats
Included Counties: Adams | Arapahoe | Broomfield | Denver | Douglas | Jefferson
Source: REColorado and ShowingTime, residential, all property types, March 2025 vs. March 2026, February 2026 vs. March 2026 (accessed 04/03/2026).
Denver Metro Area: Q1 Market Stats
Included Counties: Adams | Arapahoe | Broomfield | Denver | Douglas | Jefferson
Source: REColorado and ShowingTime, residential, all property types, Q1 2025 vs. Q1 2026 (accessed 04/03/2026).
