Front Range Real Estate Market Update, March 5, 2026

February’s numbers tell a story of a market finding its footing — but not yet its direction. Closed sales jumped nearly 30% from January, a seasonal rebound that signals buyers are re-engaging as the year gets underway. At the same time, prices slipped modestly on a year-over-year basis, active inventory continued climbing, and the attached home segment showed meaningful softness relative to detached.

At $580,000, the median closed price is down 3.3% from a year ago — not surprising given that buyers are carrying roughly double the mortgage rate they would have four years ago, and now have nearly 9,000 active listings to choose from. With nearly 9,000 active listings at month’s end and average days on market stretching to 59, sellers who price to the current market are finding buyers. Those who don’t are increasingly finding their listings expire.

The divergence between detached and attached homes is worth watching. Single-family prices held comparatively well, while condo and townhome values dropped more sharply — the attached segment’s median is down 5.25% year-over-year, and inventory in that category grew over 13% compared to last February. For buyers considering condos or townhomes, the data suggests growing leverage.

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