"As the calendar moved through February, the Denver Metro real estate market found itself at a familiar crossroads: the quiet of winter beginning to give way to the energy of the spring buying season. Each year, this transition marks one of the most telling moments in the market, as buyers who have been waiting on the sidelines start to re-engage, sellers begin preparing their homes for listing and the pace of activity slowly builds momentum. This year, that seasonal shift is unfolding against a backdrop of meaningful change. Inventory levels, pricing dynamics and buyer behavior have all evolved."
Amanda Snitker
Chair of the DMAR Market Trends Committee | Denver REALTOR®
- LUXURY MARKET ($1,000,000+): "Spring appears to be budding early for homes above $1 million in the Denver Metro area. Month-over-month, closings for detached homes between $1 million and $1.49 million climbed 35.37 percent, while homes between $1.5 million and $1.9 million surged 65.85 percent. A slight 2.13 percent dip in the $2 million+ tier did little to slow overall momentum, as strength in core brackets pushed weighted closing activity up an impressive 36.48 percent. Despite this momentum, homes above $1 million are taking longer to sell. Median days in MLS hit 26 in February, up 73.33 percent year-over-year. Additionally, year-to-date sales volume in this segment was down 13.82 percent from 2025." - Michelle Schwinghammer, DMAR Market Trends Committee Member & Denver REALTOR®
- SIGNATURE MARKET ($750,000 - $999,999): "The New Year’s real estate hangover typically subsides a few weeks into January. By February, New Year’s resolutions of “I’m going to buy a house this year” start to take shape. For those shopping in the $750,000–$999,999 price range, the focus is predominantly on single-family detached homes. While more buyers have entered the market, price, condition and property type still matter. With 2025 in the rearview mirror, we are fully underway in the 2026 buying season." - Andrew Abrams, DMAR Market Trends Committee Member & Denver REALTOR®.
- PREMIER MARKET ($500,000 - $749,999) "For the $500,000 to $749,999 price segment, the spring market is ramping up, albeit slower than last year. This is evidenced in several metrics. Compared to last year, new listings were up 5.46 percent and pendings up 6.12 percent. However, closed homes were down 9.47 percent, showing that January was slower than this same time last year. Still, 36.14 percent more properties went under contract in February than in January. Buyers are out shopping, cautiously looking for the best properties." - Heather O’Leary, DMAR Market Trends Committee Member & Denver REALTOR®.
*Remarks from Pages 14-15 of the February 2026 Market Trends Report from DMAR
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