"There was a time when Denver's real estate market moved with the seasons. Prices climbed each spring, peaked between April and June, then eased into fall. That predictability has quietly faded. Over the past three years, the Denver Metro market has settled into something much more consistent and far less dramatic.
Median sale prices have followed a remarkably flat path, hovering in a narrow band month after month, season after season. April 2026 continued that pattern: a median close price of $605,000, nearly identical to April 2025 at $604,000 and April 2024 at $602,000. Sales volume has followed suit, with closed transactions holding relatively steady year-over-year. This isn't a market surging into spring or pulling back into winter it's a market that has found a tempo of its own, one that is no longer guided by the human behavior of the seasons."
Amanda Snitker
Chair of the DMAR Market Trends Committee | Denver REALTOR®
- LUXURY MARKET ($1,000,000+): "In a year of uncertain snow, economic factors and conscientious buyers, a slow and steady approach helps buyers and sellers alike. Buyers know that they can be selective in the property they are looking for, especially above a $2 million price point. For an attached property, they can most likely play hardball. For sellers, resetting expectations has been key. The peak of 2022 is long gone, and their strategy needs to reflect that. If you are selling an attached property, there is a fine balance between holding costs and the realization that where prices sit today is consistent with the past two years and most likely the future year or two as well. Whether you are a buyer or seller, being aware of the market conditions and adapting your strategy continues to be the key to a great outcome." - Andrew Abrams, DMAR Market Trends Committee Member & Denver REALTOR®
- SIGNATURE MARKET ($750,000 - $999,999): "The real question for this market segment—and every other—is how high and how fast energy prices rise later this year. If gas and energy costs continue to surge like they did last month, the calculus for buyers will change fast, and sellers need to be ready to meet new demands on home energy efficiency. More troubling, qualified buyers could exit the market altogether, echoing the mortgage-rate pullback of 2022, with unexpected cost spikes once again pricing out households otherwise ready to buy. The mortgage-rate shock of 2022 was painful enough. An energy-driven pullback could be worse—and far harder to unwind." - Michelle Schwinghammer, DMAR Market Trends Committee Member & Denver REALTOR®.
- PREMIER MARKET ($500,000 - $749,999) "One factor shaping this segment is the steady rise in insurance premiums tied to hail and wildfire exposure. These higher costs are meaningfully impacting qualifying ratios. This price range is also heavily rate-sensitive, with more than 87.5 percent of buyers using financing. Even minor shifts in mortgage rates affect how quickly homes go under contract and how confidently buyers write offers. Add the rising cost of repairs and labor, and it becomes clear why properties needing work have lost appeal. Today’s buyers want clean, move-in ready homes and they reward sellers who deliver." - Steve Danyliw, DMAR Market Trends Committee Member & Denver REALTOR®.
*Remarks from Pages 14-15 of the April 2026 Market Trends Report from DMAR
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