Spring has sprung! New listings surged by 16.2% compared to last month, reaching a total of 4,707. Meanwhile, pending listings, a measure of demand, rose by an impressive 28% from the previous month and showed a 3.3% increase year-over-year. Additionally, the average days on the market decreased significantly by 17.4% to just 38 days. These robust metrics collectively signal a strong beginning to the spring real estate market.

Prices ticked up in March across Greater Metro Denver. The average price for single family properties increased 6.0% when compared to last year and were up 4.5% when viewed month-over-month. And, the average sales price for a condo was up 1.8% when compared to last month.

Demand - Pending Sales

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