Denver just ranked worst housing market in the country. Here's what the actual April data shows.
The Case-Shiller headlines this week called Denver the weakest of 20 major metros, worse than Tampa. A lot of people in my office and in my client conversations have been asking about it.
I pulled the actual DMAR April 2026 report to see what's really happening.
Median price in April 2026: $605,000 Median price in April 2025: $604,000 Median price in April 2024: $602,000
That's $3,000 of movement over three years. Inventory is up, days on market held at 14, and sales are roughly flat year over year.
The honest read: the market isn't crashing. It stopped the insane appreciation from 2020-2022 and stabilized. For buyers that actually creates something useful -- seller concessions, inspection contingencies, and negotiating room that hasn't existed since before COVID.
Wrote up a full breakdown here if anyone wants the details: cartwrightmortgage.com/denver-housing-market-stagnation-2026