Upcoming Event
Free Newsletter
Courtesy of the DMAR.
Courtesy of the DMAR.
Denver metro home prices hold steady as inventory rises in April
ColoradoBiz Staff //May 8, 2026//
In Brief:
- Median home price in Denver metro at $605,000 in April
- Active listings rose 17.19% month over month to 11,539
- Closed sales increased 2.35% from March to 3,926
- Luxury home inventory above $1 million up 12.95% from March
DENVER — Median home prices in the Denver metro area remained largely unchanged in April as inventory increased and homes continued to sell quickly, according to a new report from the Denver Metro Association of Realtors® (DMAR).
The median closed price in April was $605,000, compared with $604,000 in April 2025 and $602,000 in April 2024, the report found.
Closed sales totaled 3,926 in April, up 2.35% from March. Year-to-date closings reached 12,631, down 3.71% from the same period last year.
Active listings rose 17.19% month over month to 11,539, while new listings totaled 6,642. The average close price was $724,057, up 0.53% year over year. Homes spent a median of 14 days on the market in April, down from 16 days in March.
“There was a time when Denver’s real estate market moved with the seasons,” said Amanda Snitker. “That predictability has faded.”
The report said the market has shifted from the sharp seasonal swings seen during the pandemic housing boom. Between February 2021 and April 2022, median home prices rose 30% from $473,450 to $616,500 before higher mortgage rates disrupted the pattern.
In the luxury market, inventory for homes priced above $1 million increased 12.95% from March. Detached homes continued to outperform attached properties, according to the report. Attached properties priced above $1 million carried at least 5.5 months of inventory across all segments.
Andrew Abrams said buyers remain cautious because of interest rates and broader economic concerns, but sales activity continued to rise in April.
The highest-priced detached home sale in April was 49 Sunset Drive in Cherry Hills Village for $10.31 million. The highest attached sale was 335 Saint Paul St. in Denver for $3.3 million.
-
