Spring 2026 is showing signs of balance that Colorado has not seen in several years. That story looks different depending on which part of the state you are watching. Here is what the data shows across the Front Range.
Statewide Context
The Colorado Association of Realtors reported modest gains in pending and closed sales, stable median home pricing, and an uptick in inventory across the state during Q1 2026 — describing it as a market that has “found its rhythm.” Mortgage rates have stabilized in the low 6% range as of early April, averaging around 6.1% to 6.3% for a 30-year fixed.
Denver Metro
The seven-county Denver metro posted 5,798 pending contracts in March, up 6.5% year-over-year, alongside 4,540 closed sales, up 2.7%. The median sale price held flat at $575,000 — in line with Q1 results from 2023, 2024, and 2025.
Denver Metro Association of Realtors data showed a different angle: pending sales jumped 30.69% month-over-month in March, and closed sales rose 28.12% in tandem — the first time in over a year that both metrics meaningfully aligned. The median closed price landed at $590,000. Despite that activity, year-to-date closed sales remain down 5.04% from 2025, and the median close price is down 1.69% on a year-to-date basis.
The attached market — condos and townhomes — continues to lag. Year-to-date condo and townhome closings are down 13.02%, and median days on market for attached homes increased 42.86% compared to March 2025. One DMAR market trends committee member noted that “properties are taking longer to sell” as the most notable shift in 2026 so far.
On the rental side, Denver’s apartment market is navigating an oversupply challenge. According to a multifamily specialist cited in the CAR report, Denver has overbuilt the seven-county metro after a record delivery of new units. The current overall vacancy rate is approximately 7.6%, with projections showing gradual absorption through 2028, when vacancy is expected to reach approximately 5% — the level at which rents typically begin rising again.
If you own multifamily assets in Denver, current vacancy and concession trends may affect your near-term NOI. If you are considering acquiring multifamily, the absorption timeline above is worth factoring into any underwriting.
Colorado Springs
Active listings in the Springs reached 3,057 in March 2026, up 16% year-over-year. The market is adding listings significantly faster than it is closing sales. Average days on market was 61. The region still needs an estimated 60,000 or more additional homes by 2035 to keep pace with projected demand — a figure that supports long-term price stability even as the near-term market softens.
A market with rising inventory and longer days on market may present more negotiating room for buyers than existed in recent years. Verify current conditions in your specific submarket before acting.
Fort Collins and Northern Colorado
Fort Collins is showing up as one of the more stable Front Range markets in early 2026. According to Redfin, the February 2026 median sale price was $535,000, up 3.2% year-over-year, though homes are averaging 78 days on market compared to 70 days a year ago.
Colorado Biz reporting cited Fort Collins as a “rare bright spot” in early 2026, with closings up 1.8% year-over-year and improved affordability from stabilizing rates. Inventory in the broader Northern Colorado market sits at approximately 2.5 to 3 months of supply — tighter than Denver but giving buyers more room than the sub-one-month levels of 2023.
One Northern Colorado market analyst noted that work-from-anywhere dynamics are moderating, and proximity to I-25 and downtown corridors is mattering again for buyers — a factor that may affect values in outlying areas that commanded premiums in 2021 and 2022.
Fort Collins has a strong rental market underpinned by Colorado State University enrollment and a professional population. If you own or are evaluating buy-and-hold assets in the area, current inventory and rate conditions may be worth a closer look.
Boulder
Boulder’s median sale price was $948,000 as of late 2025 and early 2026, down approximately 0.2% year-over-year. Homes are sitting on the market for 69 days, and inventory supply has grown to 3.3 months — up from 3.2 months a year ago.
One local Compass agent was cited in the CAR report noting that rising HOA dues and insurance premiums are significantly affecting affordability in the Boulder and Broomfield condo market, contributing to softer demand and longer sales cycles for attached homes compared to single-family detached.
Single-family homes in Boulder average approximately $1,125,000, while condos average around $540,000.
Boulder’s high price point and relatively small transaction volume make it a distinct market from the rest of the Front Range. Investors active there should verify conditions with a local agent before drawing any conclusions from regional averages.
