Data Report

Quarterly Market Report: Denver Real Estate Q2 2026

May 22, 2026

The Denver real estate market enters Q2 2026 in a state of cautious rebalancing — prices have moderated, inventory has climbed, and buyer engagement is increasing. Here’s the quarterly data breakdown.

Price Summary

The Denver metro median sales price sits at approximately $565,000 — a 3% year-over-year decline. Detached homes trade at a median around $580,000, while attached homes sit at approximately $416,000. Forecasts project flat to modest 2% to 3% price growth through year-end. Cherry Creek, Wash Park, and the Highlands command premiums. Aurora, Thornton, and Commerce City provide the most accessible entry points.

Inventory Data

Inventory has climbed to approximately 1,800 active listings — up nearly 9% year-over-year and the highest since pre-pandemic. Months of supply has increased to roughly 1.6 months, trending toward balance. The condo segment has seen the most aggressive supply expansion.

Days on Market

Homes are selling in an average of 66 days. New listings and pending contracts are both trending upward, indicating an active spring market with increasing participation.

Mortgage Rate Impact

At 6.3% on a $565,000 home with 20% down, the monthly principal and interest payment runs approximately $2,805. The $900 monthly gap from 3% rates explains buyer caution.

Sales Activity

Pending contracts surged 16% in February, showing buyers are re-engaging with the market. However, closed sales remain flat, suggesting the pipeline is building but hasn’t fully converted.

Submarket Performance

The Highlands, RiNo, and Baker maintain urban-lifestyle demand. Cherry Creek and Wash Park command top-tier pricing. Castle Rock, Parker, Broomfield, and Erie lead suburban family demand. The condo segment demands careful pricing given supply dynamics.

Q2 Outlook

Moderating prices, expanding inventory, and renewed buyer engagement create a market where transactions close on fundamentals. The 2026 market rewards buyers who act with preparation and sellers who price with precision.

For more market data, explore our May market update and real estate stats.

Filed under: Data Report