- Text or Call David and Tom
- 720-408-7409
|
$605,000
Median Close Price
|
11,539
Active Listings (EOM)
|
14 Days
Median Days in MLS
|
Read only the top-line numbers from April and you'd think Denver Metro has settled into a steady rhythm. Median close price came in at $605,000, within a few thousand dollars of April 2025 and April 2024. Closings rose 2.35% from March. Median days in MLS tightened to 14. On the surface, a market in balance.
We see it differently. Detached and attached homes are moving in opposite directions, and averaging them together hides what's actually happening to our clients.
There were 11,539 homes for sale at the end of April. That's 65% more than two years ago. The headline price has held steady through that buildup, which is the story most people are reading. The story underneath it is that detached and attached homes are absorbing the supply very differently.
Median close price climbed to $670,000, up 4.36% from March and 1.52% year-over-year. Days in MLS held at 11, the same as last April. Pending sales in the $500K to $750K detached band rose 6.46% year-over-year. Well-priced homes are still finding buyers, and demand is absorbing what sellers are bringing.
Median close price came in at $385,462, down 3.15% from March. Median days in MLS stretched to 26. Above $750,000, every attached segment has crossed firmly into buyer's-market territory: 5.72 months of inventory between $750K and $999K, 6.57 months between $1M and $1.5M. Buyers in the attached space have leverage, and they're using it.
For sellers of detached homes, the pricing discipline of the past two years still works. For sellers of attached properties, especially above $750,000, the math has changed. Holding out for last cycle's number is the surest way to add weeks to days in MLS and dollars to your eventual concession.
The market isn't stable. It's split. Which side of that line your home sits on matters more this spring than it did last.
If you're shopping in the attached space, especially above $750,000, you have more leverage than the headline numbers suggest. Months of inventory in those segments tells you sellers are competing for you. Take your time, lean on inspection negotiations, and don't be shy about asking for concessions.
Detached owners: the playbook from the past two years still works. Price to the market, prep the home, and expect activity. Attached owners: the pricing strategy that worked even six months ago may leave your listing aging on the market. Reset to current comps before you list, and plan for concession conversations rather than list-price battles.
To see real-time market conditions in your neighborhood, log in to your RealScout account for hyper-local data and market insights. Track real-time conditions near you.
Sources: DMAR Market Trends Report, April 2026; REcolorado MLS.
During the last week:
New Listings – 1728
Back On Market – 333
Price Increase – 101
Price Decrease – 1971
Pending – 1479
Withdrawn – 195
Closed – 1475
Expired – 528
Previous Week:
New Listings – 1916
Back On Market – 318
Price Increase – 91
Price Decrease – 2090
Pending – 1551
Withdrawn – 156
Closed – 1338
Expired – 316
—
Based on data from REColorado®
| 30-Year Fixed Mortgage Rate 6.45% Source: Mortgage News Daily · 5/7/2026 Up from 6.32% last week. |
See Homes for Sale
“David was recommended by my business partner; David did not disappoint! Very easy to work with and always responded quickly to all questions. I will recommend David to anyone selling their home.”
– Mike D., Castle Rock
See what other clients have to say about the services we provide.