Denver's spring market isn't heating up — it's already hot, and most buyers are still debating

Here is my honest read on what is happening in Denver right now: the window that buyers were hoping for — the one where inventory was high, competition was low, and they could take their time — that window is closing. Pending sales jumped over 30% month-over-month in March. Days on market dropped by half, down to 16 days. Median close price ticked up to $590,000. The buyers I have been talking to who have been waiting for the 'right moment' are watching that moment move past them in real time. The market is not collapsing into their favor. It is tightening back up. The one number that actually gives buyers some breathing room right now is inventory — active listings are near 13,447 with about 3.2 months of supply. That is more selection than we have had in years, which means there are real choices to be made. But more choices only help you if you are actually in motion. The quiet truth about Denver's spring market is this: the data is no longer debatable, but most buyers are still debating. If you have been sitting on the sidelines in Denver this spring, I genuinely want to understand what is keeping you there — is it the rates, the prices, or something about the process that still feels unclear to you? — Tammy Morran | The HomeBridge Group @ eXp Realty