🏡 April 2026 Market Update 📊
Prices: The median sales price in April 2026 came in at $659,900, up from $640,000 in March. This continued climb follows Denver’s typical spring market cycle, where prices tend to rise steadily from late winter into late spring.
We’re now seeing prices approach the seasonal highs that often occur around May or June, showing that buyer demand remains strong and competition is increasing.
Days on Market: Median Days on Market dropped again, falling from 12 days in March to just 10 days in April. That’s a huge contrast compared to the slower winter months and another strong indicator that the spring market is fully active.
Buyers are making decisions faster, and the best homes do not sit long.
Year Over Year Comparison
Compared to April of last year, prices remain resilient and slightly stronger, reinforcing that well positioned single family homes continue to hold value, despite a more balanced market overall.
Desirable homes are still commanding strong prices and moving quickly when marketed and priced correctly.
Month Over Month Comparison
The spring market is officially competitive. Buyers are out shopping, inventory is moving quickly, and homes that are updated, clean, staged well, and priced appropriately are often going under contract in less than two weeks. Sellers who prepare strategically are seeing strong activity and, in some cases, multiple offers.
As we head toward May and early summer, inventory will likely continue increasing, but buyer demand is keeping pace. That combination should continue supporting prices and fast moving listings. Buyers need to be prepared and decisive, while sellers should take advantage of the strong seasonal momentum we’re seeing right now.
When Should I Buy??
The best answer, especially if you don't already own real estate, is that you should buy what you can afford as soon as you are preapproved for a mortgage. This first step into real estate is often NOT to buy your dream home. Rather, you are entering the market so you can leverage it to buy your dream home in another few years.
Your starter home acts as a savings account towards your dream home in 2 ways: the equity you build by paying down the loan balance and the the equity you build through the home's appreciation in value. Your equity and regular savings will get you into your dream home much faster than savings alone.
In the graph below, you can see how people in the US who don't own real estate don't have any net worth to speak of, while those who own a home typically have about $200-400k in net worth.
