Denver's median resale price just hit $605K and days-on-market dropped to 13 — this is not a slow spring

Most people I talk to right now think Denver is still a market where you have time to think. The data says otherwise. The April DMAR report puts the median resale price at $605K — up 2.5% in a single month — with single-family homes hitting $670K. Days-on-market in the Denver metro dropped to 13. Thirteen days. That is not a market that rewards hesitation. Here is the part that does not get said enough: a significant number of sellers sitting on sub-4% mortgages are not listing because they cannot afford to move into the rate environment waiting for them on the other side. That constraint is quietly keeping inventory low, which is part of why prices are still climbing even when buyers feel cautious. The window between 'I'm watching the market' and 'I missed it' is narrower than people realize right now. The thing I keep telling clients is this — waiting for certainty in a market like Denver is itself a decision, and it usually costs more than the uncertainty did. I am not here to push anyone. But I do think it is worth having a real conversation about what the numbers actually mean for your specific situation before another 13-day listing cycle goes by. Are you someone who owns in Denver and has been holding off on a move because of your current rate — and if so, have you actually run the numbers on what a bridge or buydown might do for you? — Tammy Morran | The HomeBridge Group @ eXp Realty