Year-Over-Year Insights
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.
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.
