So How’s The Market – March 2026

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

Year-Over-Year: In March, the Denver Metro housing market continued to show steady activity, with modest shifts across key metrics reflecting a more balanced environment for both buyers and sellers.

Closed listings increased 3% year over year to 3,677 homes, signaling continued buyer engagement. Median home prices held relatively stable at $589,000, down just 1% from March 2025, indicating slight softening while overall values remain strong.

Homes moved slightly faster compared to last year, with median Days in MLS decreasing by one day to 18, suggesting steady demand and efficient market movement.

New listings declined 6% year over year to 5,986, while pending listings rose 5%, highlighting continued buyer interest despite fewer new properties entering the market. Active listings dipped 2% overall, with approximately 12 weeks of inventory available, keeping conditions competitive and reinforcing the importance of strategic pricing and strong market positioning for sellers.

Month-Over-Month Insights: After a strong rebound in February, March continued to build momentum across the market, with activity picking up even further as the spring season begins. Closed listings jumped 35% month over month, signaling a significant increase in buyer activity as the spring market begins to take shape. Median home prices also ticked up 2%, showing continued stability and modest upward pressure.

The pace of the market accelerated notably, with median Days in MLS dropping by 19 days month over month to 18, indicating homes are moving much faster as demand picks up.

Activity strengthened across the board, with new listings rising 20% month over month and pending sales increasing 31% to 4,615, reflecting strong momentum from both buyers and sellers heading into the busy season.

Denver Metro Rental Market: In March, the rental market experienced minor shifts across key metrics, with overall activity holding steady. Leased properties increased 2% year over year to 325, while median rent held flat at $2,800, reflecting continued price stability across the market.

At the same time, price-per-bedroom saw no change year over year, while price-per-square-foot decreased 1%, suggesting renters may be finding slightly more value in larger spaces compared to last year.

Properties took longer to lease, with median days on market rising to 33, six days longer than last year, indicating a slower leasing pace even as renter demand remains consistent.

Closed Listings:

Closed transactions increased by 3%. This modest gain points to steady activity and gives agents an opportunity to build momentum with both buyers and sellers.

Closed Prices:

The median sale price eased to $589,000, a 1% decrease from March 2025 and an improvement from February 2026. This slight shift suggests prices are stabilizing, giving agents a solid foundation for pricing conversations and market positioning.

New Listings:

New listings declined by 6% compared to March 2025. This drop in supply can help support pricing and creates an opportunity for agents to bring motivated sellers to market.

Pending Listings:

Pending sales increased by 5% year over year. This gain reflects steady buyer demand and points to a healthy pipeline for upcoming closings.

Days in MLS:

Homes spent a median of 18 days on the MLS, one day less than last year. This faster pace shows strong buyer interest and highlights the importance of getting listings priced and marketed correctly from day one.

Activity by Price Range:

Overall, the median sale price fell to $589,000, a 1% decline from March 2025. Closed sales rose 3% year over year, showing steady demand despite softer pricing. Agents should focus on clear pricing strategy, strong listing presentation, and consistent buyer follow up to stay competitive in a balanced market.