Denver metro area housing market closes April on a high note. Denver metro area housing market closes April on a high note. The median price for both segments reached $607,000, marking a 1.51% increase from last month and a 0.83% rise year-over-year. The biggest jump was in single-family homes, which increased by 3.22% month-over-month for the Denver metro area housing market.
By the end of the month, active listings reached 11,964—up 22.53% month-over-month and 71.16% year-over-year. As the spring selling season begins, inventory tends to grow with more sellers listing homes and more buyers entering the market. Despite the increase in inventory, homes continued to sell quickly, with the median days on the MLS dropping to just 13 days—a 23.53% decrease from the previous month. This suggests strong buyer demand and a still-competitive market, even as more listings become available.
New listings in the Denver metro area housing market rose to 7,062 in April, marking a 10.78% increase from the previous month and an 18.13% jump compared to last April’s total of 5,978.
Closed sales for both segments reached 3,883 in April, reflecting a 4.63% increase from the previous month—an encouraging sign of growing buyer activity. The Close-Price-to-List-Price ratio remained strong in the ninety-ninth percentile, holding steady at 99.33%, indicating that homes are still selling very close to asking price.
Single-family homes continued to lead the Denver metro area housing market as the most active segment, with 3,002 homes sold in April—an increase of 5.97% from the previous month. Buyer demand remained strong, pushing the average sale price up to $804,115. In addition, homes in this category moved faster, with the median days on the MLS dropping to just 10 days, down from 16 days in March. These trends highlight a competitive environment for buyers and sustained momentum in the single-family home segment.
Active listings for condos and townhomes climbed to 4,120 in April, reflecting a 15.50% increase from the previous month and a substantial 81.42% jump year-over-year. Despite the rise in inventory, the median price edged up 0.55% to $389,900, indicating steady demand in the attached home market.