Denver Real Estate Prices are up. New Houses in the Market are Down.

In the last few years, there has been no shortage of geopolitical tension. On February 28th, 2026, the War in Iran started. For all practical purposes, this brought the spring real estate market to a halt. Wars are scary. They create fear. Fear causes people to pause. That dynamic was clear in the March numbers.

Spring is here with lower new listings

We can’t rely on month-over-month data here, since the spring market follows a natural build from February onward. So, let’s look year-over-year.

Compared to March 2025, home prices are up around 2%, detached homes are up about 1%, and attached homes are surprisingly at 3.5%. The real headline is new listings, which plummeted 6.2% year over year. The war kept people home.

Add that to a market already building momentum heading into spring, and you get a recipe for rising prices, more closed sales, fewer days on market, and tighter inventory. Cue the dramatic crescendo.

So why were we late with this post? Simple. The market got busy. As buyers and sellers came back out in late March and into April, things picked up fast. Good houses got harder to come by.

On the selling side

Run your comps, do the analysis, figure out where pricing should land, and then list just under that number. Buyers are hunting deals right now, and they are hunting in packs. A stale listing carries a real cost. Nobody wants to hear that their home should come to market for less than they think it is worth, but pricing just under market is exactly the strategy that is generating competition and pushing sale prices back up. It works.

On the buying side

See above. Well-priced, updated homes in good locations are seeing multiple offers. That is the reality right now. The flip side is that anything even slightly overpriced gives us real room to negotiate. Finding the up-and-coming area is a riskier strategy than targeting a known successful neighborhood. Know yourself, know the market, and we can find the right path.

For our relocating clients

There is no substitute for being here and experiencing the market firsthand. The media tends toward doom and gloom, and that is not what we are seeing on the ground. Energy-driven inflation is keeping rates flat for now, and that is unlikely to change until we see a resolution to the conflict or a meaningful economic shift. Volatile items get stripped out of CPI calculations, so the headline numbers do not always tell the full story.

Bottom line.

Be here. Colorado in the spring is something else. Let’s take our time and navigate this market together.