Long one of the nation’s hottest real estate markets, the extended Denver metro area so far this year has seen an increase in both contracts and closed sales, although new listings are off by a troublesome 2.5%.
The latest statistics compiled by the Colorado Association of Realtors show a market that is healthy in all sections of the Centennial State, with activity in the populous seven counties surrounding and including Denver, where pending contracts are up by some 6.5%.
The average fetching price for a single-family home in this region now stands at $615,000. That figure is down from the spring of 2025 when it came in at $630,000, but still up from January of this year when it dropped to $587,000.
Average townhome sales prices, in a state that has been notoriously short of such stock, is now at $397,500, up from the doldrums of late last year when the figure averaged out to $385,000.
The recent sales trends, says a narrative accompanying the Market Trends Housing Report, reveal a more “buyer-friendly, negotiation-driven environment heading into the full spring season.”
Specific to Denver, whose population now stands at 740,600, up from 600,100 recorded in 2010, the report notes that although the local market is “moving at a slower, more deliberate pace, overall transaction volume remains steady.”
In this market, continues the report, “single-family homes are driving the market, while condos and townhomes face softer demand due to rising costs.”
April 21, 2026
By Garry Boulard
Vintage Denver postcard
