March 2026 Denver Real Estate Market Statistics Trends & Snapshots
Denver Metro Association of REALTORS | Colorado Association of REALTORS - #dmarstats
Denver CO Real Market Snapshots by REMAX Colorado Realtor, Anthony Rael

Buyer demand surged in March as new inventory hit the market, signaling renewed momentum heading into spring.
Just as rising mortgage rates threatened to stall the momentum building through February, buyers responded with conviction. March, then, served as a reminder that in Denver, volatility and opportunity often arrive together. In a predictably unpredictable environment, the buyers and sellers who showed up prepared were rewarded.

Rates climbed back above six percent throughout the month, geopolitical uncertainty rattled financial markets, and new inventory increased by 19.94 percent from February; however, the fundamentals of the Denver market remained intact as buyers absorbed the new inventory quickly — pending sales jumped 30.69 percent month-over-month.

The activity wasn't isolated to a single segment or price point. It was broad-based. Both detached and attached buyers moved with purpose, with detached pending sales up 30.03 percent and attached up 32.99 percent month-over-month. The close-price-to-list price ratio ticked up to 99.13 percent, and well-priced homes in desirable locations saw multiple offers. Perhaps the most telling data point was days in the MLS, which dropped 50 percent month-over-month to just 16 days, a signal that buyers were not browsing, they were buying.

Pricing reflected the renewed energy in the market. The median close price rose 2.61 percent month-over-month to $590,000, while the average close price increased 4.34 percent to $711,493. Active inventory ended the month at 9,846, up 9.55 percent from February but nearly flat year-over-year, just 0.84 percent above March 2025. Despite a prevailing narrative of elevated inventory, supply is not dramatically higher than a year ago. The real story is that demand softened over the past two years while inventory normalized, and March suggests those two forces may finally be moving back into alignment.

While the attached market improved in March, the year-over-year picture remains sobering for condos and townhomes. Closed sales are down 8.48 percent from March 2025, and median days in the MLS have increased 42.86 percent year-over-year. Rising HOA fees and insurance costs continue to weigh on buyer interest in this segment, making accurate pricing and seller concessions particularly important heading into spring.

Year-to-date, 2026 continues to lag 2025. Closed sales are down 5.04 percent, the median close price is down 1.69 percent to $580,000, and the attached segment remains the softest spot, with year-to-date closings trailing last year by 13.02 percent. It is worth noting that the numbers reflect a slow January and February as much as they reflect March. The strong March activity has not yet moved the cumulative needle but if the momentum holds, the gap should begin to narrow as spring progresses.

In the $1 million+ market, demand remained strong particularly at the lower end. Detached homes priced between $1 million and $1,499,999 have just 2.56 months of inventory. This range accounted for 301 closed transactions in March, representing nearly 11 percent of all closings across the Denver Metro area. That level of activity continues to reflect a competitive environment.

As price points climb, we see more positive activity. In the $2 million+ segment, detached closings increased 62.75 percent month-over-month. While this activity looks promising, inventory remains elevated at 5.64 months. Year-to-date, this segment continues to trail 2025 by 10.78 percent in total closed transactions, highlighting a more selective buyer pool at higher price points.

Looking at the broader first-quarter performance, the $1 million+ market remains resilient. New listings increased 8.33 percent compared to Q1 2025, while closed transactions rose 1.37 percent. Compared to Q1 2024, closings are up significantly, by 36.02 percent. Total sales volume is nearly flat year-over-year, down just 0.62 percent, but up 10.74 percent compared to 2024. These figures suggest steady demand, even amid ongoing economic uncertainty, elevated mortgage rates and higher insurance costs.

This change in absorption rate is noticeable to both buyers and sellers. Sellers entering today’s market need to recalibrate expectations. Longer marketing times are becoming the norm, and without proper preparation, pricing and positioning, that extended timeline can quickly lead to frustration.

Below are my March 2026 Denver Real Estate Market Snapshots and Infographics based on statistics published by the Denver Metro Association of Realtors most recent Market Trend Report. Anthony is here to provide expert advice & counseling that will empower you to make the best, most-educated decision possible. Knowledge is Power. Get The Scoop and gain a better understanding of Denver's rapidly changing market, 'Just Call Ants' at 303.520.3179

 
  
Denver Real Estate Market Snapshot : Average Sold Price+ Active, New & Sold Listings + Days on Market
Luxury Home Market : New Listings, Homes Sold, Sales Volume, Days on Market & Price/SqFt

Source: Denver Metro Association of REALTORS® Market Trends Committee and Colorado Association of REALTORS® Market Trends Committee
Infographics/Snapshots (c) Copyright 2026 by Anthony Rael, RE/MAX Alliance

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2026
  March 2026 - Denver Real Estate Market Trends & Stats Report - 
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2025
  December 2025 - DMAR Market Trends Report
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2024
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2023
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2022
  December 2022 - Denver Metro Association of Realtors Market Trends Report
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  September 2022 - Denver Colorado Real Estate Market Statistics & Trends Report
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2021
  December 2021 - Denver Colorado Real Estate Market Statistics & Trends Report
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2020
  December 2020 - Denver Colorado Real Estate Market Statistics & Trends Report
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2019
  2019 Year-End : a 30-Year Historical Perspective of the Denver Real Estate Market
  December 2019 - Denver Colorado Real Estate Market Statistics & Trends Report
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2018
  December 2018 - Denver Colorado Real Estate Market Statistics & Trends Report
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2017
  December 2017 - Denver Real Estate Market Trends Report
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2016
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2015
  December 2015 - Denver Real Estate Market Statistics & Trends Report
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Archived Denver Real Estate Market Reports
Month-end Inventory, Average & Median Sales Prices, Days on Market (DOM), Price Appreciation, Sales Volume & More!
Archived Denver Colorado Real Estate Market Snapshots
A graphical look back at market stats and trends since 2015 : Infographics compliments of Anthony Rael

NOTES:
Interview requests from the media should be directed to DMAR's Marketing Communications at (303) 300-8490
The DMAR 'Premier Market' is defined as $500,000 to $749,999
The DMAR 'Signature Market' is defined as $750,000 to $999,999
The DMAR 'Luxury Market' is defined as $1,000,000 and over
11-Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson & Park
Research:  Denver Metro Association of REALTORS® Market Trends Committee

The DMAR Market Trends Committee, part of the Denver Metro Association of REALTORS®, provides timely, consistent, and relevant monthly summaries of valuable local real estate market statistical data for both its members and the general public. Statistics from the “Denver Metro Real Estate Market Trends Report” provide data for the following counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, and Park. Source of the reported data is REcolorado.

Real Estate Snapshots & Infographics Courtesy of: Anthony Rael, RE/MAX Alliance

  Media Coverage
Former Denver Metro Association of Realtors Market Trends Chairman Anthony Rael with RE/MAX Alliance is a trusted "go-to" real estate expert for local, regional and national media. Below is a list of recent media interviews with Anthony providing expert commentary. Below are a few of media interviews he's provided commentary on:

Denver Post - Once the king, cash losing a little cachet when it comes to buying a Denver home
Colorado Public Radio - Climbing Denver Home Prices Finally Spark Some Building
Colorado Public Radio - Denver Home Prices Are Still Climbing. The Good News? Price Growth Is Slowing
HousingWire.com : Mile-high Appreciation & Mile High Appreciation
Colorado Public Radio - As Buyers Spar Over Denver Homes, Veterans Find Themselves At A Disadvantage
VeroFORECAST Predicts Continuing Strength in Housing Market : Top Markets Rising 10 Percent Over The Next 12 Months
Denver Business Journal : Denver area housing market to see big value increase in 2018: Report
Denver7 & TheDenverChannel.com : Realtors warn of potential security flaw at homes listed for sale
Denver Post : Denver, northern Front Range real estate party ends in late 2019, new forecast predicts
Denver Business Journal [Video] : Battles are fierce for bidding homebuyers in metro Denver
Denver7 & TheDenverChannel.com : Thieves breaking into Denver homes are using real estate lockboxes to do so
5280 Magazine : Denver’s 2017 Real Estate Outlook
Denver Post : Denver area still lags in new home construction
Denver Business Journal : Metro Denver home inventory shortages persist as prices continue to grow
Denver Post : Metro Denver home prices slightly down, condo prices up in August: Rush on appraisals
Denver Real Estate Watch : Seasonal real estate peak
Denver Post : Home prices drop in metro Denver as affordability becomes an issue
Denver Business Journal : Metro Denver home prices continue strong gains
Denver Real Estate Watch : Record home price takes a breather
Worth Magazine : Influx of millennials creating exciting investment opportunities in Denver
Denver Post : Metro Denver sees a big jump in the inventory of homes for sale in June
Denver7 & TheDenverChannel.com : Finding a home for sale is hard to come by these days, but some have made it work
Denver Business Journal : Metro Denver home inventory up in June, but prices climbed faster
Denver Post : Denver median home sold price nears $400,000
CBS4 News : Denver’s Housing Market Just Keeps Getting Tighter
CBS4 News [Video] : Denver’s Housing Market Just Keeps Getting Tighter
Denver Post : Frustration rises as a fifth of Denver home sale deals fall through in April 
Denver Business Journal : Metro Denver housing inventory hits record low for May
Denver Post : Inventory of homes for sale hits record low in metro Denver 
9News Denver [Video] : Low inventory leads to creative home-buying tactics
Denverite : Do people move to Colorado for legal weed? Probably not, but no one knows for sure
Denver Post : Denver home sale listings jump 33.6 percent over record-low February
Denver Business Journal : Denver-area home prices continue to climb; low-priced inventory scant
Denver Business Journal : $20 billion in metro Denver home sales in 2015 and other records
Denver Business Journal : Denver home inventory continues climb in November, but so do prices
Denver Business Journal : Colorado home prices up 12 percent, but inventory up too
Denver Business Journal : Denver-area house prices up 11%, but slowdown could be in sight
Denver Business Journal : Colorado's home-price pressure eases with influx of new listings
Denver Business Journal : Is Denver's residential real estate market cooling off?
Denver Business Journal : Torrid metro Denver home-price pace to continue
Denver Business Journal : Passing $400K, average Denver-area house sale prices hit all-time high
Denver Business Journal : Metro Denver home supply down 32% in March from year ago
Denver Business Journal : Average home price in metro Denver tops $390K
Denver Business Journal : Denver metro home sales created a $22 billion impact in 2014
Denver Business Journal : Denver area home buying continues slowdown
Denver Business Journal : Residential real estate market softened in Denver during August
Denver Business Journal : Metro Denver homebuying hits $1.9 billion in monthly sales
Denver Business Journal : Buying a metro Denver home? It will cost you more than ever
Realty Today : Four Factors That Play Important Roles in Denver's Real Estate Market in 2016
5280 Magazine : Issues That Will Impact the 2016 Real Estate Market
MONEY Magazine : Buyers Guide: How to Beat the Competition in a Hot Housing Market
Denver Business Journal : Anthony Rael, Denver Real Estate Agent & DMAR Market Trends Chair
Colorado Springs Gazette : Colorado Springs' lower home prices lure frustrated Denver buyers
Kiplinger Magazine : Money-Smart Tactics to Prosper in This Hot Housing Market
Denver Business Journal : Anthony Rael, Denver Real Estate Agent & DMAR Market Trends Chair
TIME-Money Magazine : The Letter That Saved $11,000. Really.
Builder and Developer Magazine : Denver’s Housing Market Just Keeps Getting Tighter
MSN Money : Millennials shift to buying as rents surge
DenverPost.com : Anthony Rael, Denver Real Estate Agent & DMAR Market Trends Chair

Glossary of Terms for Real Estate Stats
What is Median Sale Price?
What are Active Listings?
What are New Listings?
What are Sold Listings?
What is Pending/Under Contract?
What are Days on Market?
What is the Affordable Housing Index?
What are Months Supply of Listings?

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