Seth Houy - RE/MAX Professionals

May 2026 Denver Metro Market Update

The Denver real estate market continues to navigate a unique environment as economic uncertainty, inflation concerns, job growth, and fluctuating mortgage rates all compete for influence.

While headlines may create hesitation, the underlying market remains active and surprisingly resilient.

Here’s what we saw in May:
• Pending sales topped 4,100, up 2% from May 2025
• Closed sales were just over 4,000, down nearly 7% year over year
• New listings declined 9.5% from April and 17.5% from last year
• Median home price increased to $615,000, up 2.5% year over year
• Average sales price climbed to $744,388, up 3.3% from May 2025
• Inventory sits at approximately 13 weeks, signaling a move toward a more balanced market

For Sellers:
Today's buyers are value conscious and more selective. Homes that are well prepared, properly priced, and positioned to address inspection concerns are attracting strong interest and moving at a healthy pace. Strategic concessions, such as rate buydowns, can also help maximize marketability without sacrificing price.

For Buyers:
With mortgage rates continuing to hover in the mid-to-high 6% range, waiting for a dramatic price correction may not be the best strategy. More inventory and a balanced market create opportunities to negotiate terms, concessions, and financing solutions that can make homeownership more affordable.

The market continues to adjust, but one thing remains clear: buyers are still buying, sellers are still selling, and successful outcomes increasingly depend on strategy, preparation, and skilled negotiation.

JUST LISTED! - 33260 Ridgeview Loop Elizabeth - Click to view the virtual tour. https://www.listingsmagic.com/283477 3 bedrooms 3 bathrooms 3611 sqft

JUST LISTED | 15440 W Asbury Ave | Solterra - Lakewood

Excited to officially bring this one to market. Positioned along one of Solterra’s premier foothill view settings, this home captures panoramic Red Rocks & foothill views while offering an incredible indoor/outdoor lifestyle throughout all three levels.

From the full walkout design and main-level primary suite to the resort-style backyard with custom water feature, covered pergola, and multiple outdoor entertaining spaces, this property was designed to fully embrace Colorado living.

Property Highlights:
• 5 Bedrooms | 6 Bathrooms | 5,807 SqFt
• Premier foothill & Red Rocks view setting
• Main-level primary suite
• Full walkout basement
• Resort-style backyard with custom water feature
• Covered pergola & outdoor entertaining spaces
• Theater room + wellness/fitness space
• Seamless indoor/outdoor living throughout

With over $150,000 invested into the professionally designed backyard alone, this home offers a rare combination of setting, livability, and Colorado outdoor lifestyle.

View the full listing here:
https://listings.mediamaxphotography.com/15440-W-Asbury-Ave

May 2026 Denver Market Update

The Denver market continues to become more balanced and consistent.

Inventory is rising, pricing has stabilized, and the extreme swings of the past few years have largely faded.

Current trends:
• Active listings over 11,500
• Median pricing staying remarkably steady
• Homes priced correctly are still moving quickly
• Buyers have more inventory and negotiating power

This is no longer a frenzy market.
It’s a strategy market.

And honestly, steady and predictable is a good thing.

One of the best parts about living in Colorado?
There’s always another great spot to discover.

Some of Denver’s best restaurants, bars, and local experiences still fly under the radar.. like the kind of places you almost don’t want to tell people about because they’re that good.

I put together a list of some hidden gems around Denver that are worth checking out whether you’re new to the area or have lived here for years.

From cozy neighborhood spots to unique experiences that make Denver feel like… Denver.

Read the full blog here:
https://smhouy.remax.com/blog/499/DENVER'S+HIDDEN+GEMS%3A+UNDERRATED+RESTAURANTS%2C+BARS++EXPERIENCES

Would love to know: What’s one underrated Denver spot you think more people should know about?

DENVER'S HIDDEN GEMS: UNDERRATED RESTAURANTS, BARS & EXPERIENCES Denver’s Hidden Gems: Underrated Restaurants, Bars & Experienceson May 19, 2026Denver is a city that effortles

JUST LISTED! - 8100 E Union Ave Unit 1408 Denver - Click to view the virtual tour. https://www.listingsmagic.com/282588 2 bedrooms 2 bathrooms 1607 sqft

April 2026 Denver Metro Market Update

It seems in today’s world, the only reliable forecast is to expect the unexpected. With ongoing uncertainty impacting consumer confidence and fluctuating mortgage rates, many expected momentum to stall. Instead, March delivered a positive surprise.

Here’s what stood out:
• Nearly 6,000 new listings hit the market, up almost 20% from February
• Pending sales jumped 31% month over month
• Average days on market dropped to 50 days, showing buyers are acting, not just browsing
• Activity was broad-based across both single family and attached homes
• Single family prices rose to over $785K, up 4% from February
• Condos and townhomes climbed to $453K, up 7.5% month over month

While demand has softened over the past two years, and 2026 is still trailing 2025 slightly, there are clear signs of renewed activity. The close price to list price ratio increased to 99.13%, and well-positioned homes are seeing multiple offers again.

What this means:
The market is active, not extreme. As inventory continues to normalize and pricing adjusts, demand is returning.

For buyers, this signals opportunity with more options and improving momentum.
For sellers, success comes down to preparation, pricing, and understanding today’s expectations, including condition and concessions.

Despite uncertainty, one thing remains clear: people are still moving, and the real estate market is very much alive.

If you’ve been wondering whether now is the right time to buy… you’re not alone.

Spring 2026 has been shaping up to be a very different market than what we’ve seen the past few years.

We’re seeing:
• More inventory hitting the market
• Buyers gaining a bit more negotiating power
• Prices stabilizing instead of jumping
• Rates holding in a more predictable range

In fact, the Denver market is starting to feel more balanced, giving buyers opportunities we simply didn’t have a couple years ago.

That doesn’t mean it’s “easy”… it just means strategy matters more than ever.

I broke everything down in a quick read on what’s happening with rates, inventory, and how to approach this market the right way if you’re thinking about making a move.

Read the full blog below

If you’re even thinking about buying this year, it’s worth a look.

Curious… do you feel like this market is easier or harder than a few years ago?

IS SPRING 2026 A GOOD TIME TO BUY IN CO? RATES, INVENTORY, & STRATEGY Real EstateIs Spring 2026 a Good Time to Buy in Denver? Rates, Inventory & Strategyon April 29, 2026Spring is tradit

🏡 🔑 Welcome to Our Newest Listings! We're excited to introduce this fresh property in Castle Rock, showcasing 4 bedrooms, 5 bathrooms, and a generous 4804 sq ft of living space. It's attractively priced at $1,298,888. Act fast and book your tour today https://www.listingsmagic.com/ps2/2.0/index_idx.php?lid=34289611&account_ID=80119.

Call/text or message me to set a private showing 3038759841.

There’s something special about finding a piece for your home that no one else has.

Whether it’s a vintage statement piece, a perfectly worn-in leather chair, or a unique décor find that tells a story, Denver has some incredible spots to explore.

I put together a guide to some of Denver’s best thrift, vintage, and restore-style shops for anyone who loves making a house feel like home.

From hidden gems to well-known favorites, these are places worth carving out a Saturday for.

If you enjoy mixing character with style (and maybe saving a little along the way), you’ll want to check this out.

👉 Read the full blog through the link below

Curious… what’s the best find you’ve ever scored thrifting?

DENVER'S BEST THRIFT, VINTAGE, & RESTORE FINDS FOR HOME LOVERS Denver’s Best Thrift, Vintage, & ReStore Finds for Home Loverson March 26, 2026Denver is a city that embraces