Denver's median hit $605K in April and days-on-market dropped to 13 — this is not a slow market pretending to recover

Here is what the April data is actually telling us about Denver, and it is not the story most people are expecting. The median resale price just hit $605,000 — up 2.5% in a single month. Single-family homes pushed even harder, with a median of $670K. And days-on-market dropped to 13 across the metro. Thirteen. That is not a market pausing to catch its breath. That is a market making decisions fast. What I keep hearing from clients right now is a version of the same question: 'Should I wait for rates to come down?' My honest answer is that waiting for rates in Denver right now means competing for the same house at a higher price later. The buyers winning in this market are the ones who stopped treating rate relief as a precondition and started treating preparation as their advantage — meaning strong pre-approval, clean contracts, and a clear picture of what they actually need. The sellers I am working with who hold sub-4% mortgages are a different conversation entirely. Many of them are genuinely locked in by the math, not by indecision. Understanding that distinction changes how you approach a listing conversation. The insight most people miss right now: a 13-day market does not mean every home sells in 13 days — it means the well-positioned ones do, and the rest sit. Positioning is everything. If you bought in Denver in the last 18 months and your home has been sitting, I want to hear what your agent told you about pricing strategy. — Tammy Morran | The HomeBridge Group @ eXp Realty