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

Something worth paying attention to in the April DMAR numbers: the Denver metro median resale price climbed to $605K — up 2.5% in a single month — and single-family homes hit $670K. Days on market dropped to 13. That is not a market that is struggling. It is a market that is being careful about what it believes. Here is my honest read: a lot of buyers came into 2026 expecting rates to soften and prices to follow. Neither has happened the way people hoped. What has happened is that sellers who price correctly are still moving fast, and buyers who wait for perfect conditions are watching the window shift. The sub-4% mortgage holders sitting on the sidelines are a real factor — many of them genuinely cannot afford to move even if they want to. That inventory pressure is not going away. The clearest thing I can tell you is this: the Denver market is not forgiving of half-prepared offers right now, and a well-written contract is doing more heavy lifting than people realize. If you are thinking about buying or selling in Denver this spring, the question is not whether the market is good or bad — it is whether your strategy fits the market that actually exists. Are you one of the buyers I know who has been watching Denver listings for six months and still hasn't pulled the trigger — and if so, what would actually need to change for you to move? — Tammy Morran | The HomeBridge Group @ eXp Realty