"The Denver Metro area’s real estate market enters 2026 carrying the weight of three years of frustratingly flat performance, leaving both buyers and sellers in sustained uncertainty. After the pandemic-era frenzy gave way to stagnation in 2023, the market has remained stubbornly sideways, creating fatigue on both sides of transactions. This extended period of stasis has fundamentally shifted expectations. As 2026 unfolds, buyers and sellers are desperate for signs of directional movement, whether upward momentum that rewards homeowners or downward pressure that creates genuine buying opportunities, making this year potentially pivotal for breaking the market’s three-year holding pattern."
Amanda Snitker
Chair of the DMAR Market Trends Committee | Denver REALTOR®
- LUXURY MARKET ($1,000,000+): "We used to say that Denver’s real estate market did not kick into high gear until after the Super Bowl in February. Buyers and sellers were more likely to spend their January days swooshing down the slopes than trudging through the snow to showings. But not this year! Maybe it was the lack of snow, the unseasonably warm days or the heartbreak of Bo Nix’s injury, but the entire market leapt into action early this year and the $1 million+ segment was no exception. Sellers opened up their doors in January and new listings in the $1 million+ market surged, almost tripling the number of homes that listed in December. The majority of those new listings (594) were detached homes, a 256 percent month-over-month increase and a 13 percent increase from this time last year. Forty-one attached homes came to market, also a dramatic (215 percent) increase from the previous month." - Colleen Covell, DMAR Market Trends Committee Member & Denver REALTOR®
- SIGNATURE MARKET ($750,000 - $999,999): "Sellers will love the consistency—Realtors® can advise their clients to expect longer days on market, use comps from the past year and predict the price more accurately. This stability comes as a relief to buyers as well, as rates and prices stay level, allowing them to plan and be less reactive to the market. For sellers, consistency is good news. With longer days on market now normalized, pricing can be guided by recent comps rather than guesswork. For buyers, steady prices and stable rates reduce urgency and allow for more thoughtful, strategic planning." - Heather O’Leary, DMAR Market Trends Committee Member & Denver REALTOR®.
- PREMIER MARKET ($500,000 - $749,999) "It’s been two full years since the median sales price fell below $570,000 in this report. In January of 2024, the median sales price was $565,000, with an average sales price of $655,179. This year, the median sits at $569,500 and the average at $676,548, widening the gap between median and average prices. The largest share of sales (38.25 percent) occurred in the $500,000 to $749,999 price range, while 36.4 percent of sales were below $500,000. Together, nearly 75 percent of all closed sales in January occurred below $750,000." - Susan Thayer, DMAR Market Trends Committee Member, and Denver REALTOR®.
*Remarks from Pages 14-15 of the January 2026 Market Trends Report from DMAR
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