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.