So How’s The Market – February 2026

It’s that time of month again! Take a look at the Denver Metro Area Market statistics.

Year-Over-Year: In February, the Denver Metro housing market showed signs of adjustment, with rising inventory and strong buyer activity helping to stabilize conditions for homes across the area.

While buyers remained active, closed listings dipped 1% year over year to 2,702 homes. Median home prices softened to $575,000, down 4% from February 2025, with both single-family and attached homes experiencing modest declines.

Homes spent more time on the market, as median Days in MLS rose to 37 — four days longer than last February — providing buyers extra opportunity to evaluate and negotiate. Attached homes saw the longest market times, with a median of 46 days compared to 32 days for single-family homes.

New listings rose 4% year over year to 4,997, and active inventory increased 9%, reaching 9,023 homes — roughly 14 weeks of supply. With more competition on the market, sellers need to price homes strategically to stand out and draw buyers.

Seller activity increased year over year, with new listings climbing 3% to 4,455. Active inventory also grew 10% to 8,203 homes — about 18 weeks of supply. For sellers, this makes setting the right price even more crucial to attract attention in a busier market.

Month-Over-Month Insights: After a quieter start to the year, February brought a noticeable uptick in market activity. Closed listings spiked 38% month over month, and the median price edged up 1%. The market pace picked up as well, with median Days in MLS falling by 19 days – the first month-over-month decrease since October.

Activity strengthened across the board, with new listings climbing 12% month over month and pending sales surging 30% to 3,752, demonstrating strong early-year momentum from both buyers and sellers.

Denver Metro Rental Market: The rental market continued to see steady activity in February. Leased properties climbed 21% year over year to 260, while the median rent fell by 5% to $2,650. At the same time, price-per-bedroom rose 21% and price-per-square-foot increased 3%, showing that renters are paying more for space efficiency.

Properties took longer to lease, with median days on market rising to 37 — 10 days longer than last year — indicating a modest slowdown in leasing while demand from renters remains strong.

Closed Listings:

Closed transactions slipped by 1%. This slight change suggests the market pace is holding mostly steady, giving agents an opportunity to stay focused on consistent lead follow up and strong client communication.

Closed Prices:

The median sale price eased to $575,000, a 4% decrease from February 2025. This shift highlights the importance of having clear pricing conversations and positioning listings with strong marketing to attract serious buyers.

New Listings:

New listings rose 4% compared to February 2025. This increase means more options for buyers and makes it important for agents to help sellers position their homes competitively.

Pending Listings:

Pending sales rose 16% year over year. This strong gain signals renewed buyer activity and may lead to stronger closing numbers in the coming months.

Days in MLS:

Homes spent a median of 37 days on the MLS, four days longer than last year but shorter than January 2026. This shows that while properties are selling slightly slower than last year, well-priced homes continue to attract buyers efficiently.

Activity by Price Range:

Overall, the median sale price fell to $575,000, a 4% decline from February 2025. January 2026 was unusually low, and February 2026 saw a 40.9% rebound over January. Agents should focus on guiding sellers with accurate pricing, emphasizing effective marketing, and helping buyers understand timing and negotiation opportunities in this balanced market.