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Denver's spring market just flipped — and most buyers still think they're shopping in winter

Tammy Morran · The HomeBridge Group @ eXp Realty
Reviewed May 14, 2026
CPR™ Reviewed
CIR-20260514-F8FE60

Denver's spring market just flipped — and most buyers still think they're shopping in winter

Something shifted in Denver in March that I don't think most buyers have fully registered yet. Pending sales jumped over 30% month-over-month. Days on market dropped from 32 to 16 — cut in half. New inventory is up nearly 20%, which sounds like breathing room, but when demand moves that fast, more listings doesn't automatically mean more leverage for buyers. The median close price is sitting right around $589,000 depending on which data set you're looking at, and it has held remarkably flat over the past year. That flatness is actually the story — prices didn't crater the way some people expected, and now demand is accelerating into a market that never fully softened. The buyers who spent the last six months 'waiting for a better time' are now competing against each other in a window they thought would stay open longer. One more thing worth paying attention to: the RTD and Colorado boards just approved a $330M framework for passenger rail between Denver and Fort Collins by 2029. Infrastructure like that doesn't just move people — it moves valuations along the corridor. I've been watching these data points come together for a few weeks now, and my honest read is this: the hesitation window has closed. If you're a buyer who paused, you're not early anymore — you're catching up. Are you one of the buyers I've been talking to this spring who's still running the same math you were running last fall — and wondering why the numbers feel different now? — Tammy Morran | The HomeBridge Group @ eXp Realty