July 1, 2026. June numbers are in, and Denver is holding within a hundred dollars of its all time high while inventory tightens instead of floods.

June is officially in the books, and every number for the month has landed. If you only read the national headlines, you would think Denver was falling off a cliff. The actual data tells a very different story. Watch here for the full breakdown, then scroll down for the metro snapshot and a quick tour through the suburbs.

The Crash Headlines vs Denver Reality

What the Denver Metro Numbers Actually Show

Here is the headline that will probably run this month. The median closed price came in at 589,090 dollars, up 1.7% year over year, which puts us within a hundred dollars of the all time high set back in April 2022. The average price already broke its record at 724,000 dollars, up 3.8% year over year. Everybody spent the last year telling us a 10 to 30% crash was coming, and the numbers simply have not reflected that.

Inventory is not flooding the market either. Active listings are down 7.6% year over year and months of supply sits at 4.2, down 8.7%. That is about as balanced as this market has been in fifteen years.

The one real soft spot is on the closing side. Pending listings are up 4.4% year over year, but closed listings are down 4.4%. Buyers are simply pickier right now. With rates where they are, people feel like they are paying full price, so when something ugly shows up at inspection the deal blows up. Roughly 25 to 35% of deals are terminating before they close. Homes are taking about 45 days to go under contract, up from 41 a year ago.

A Quick Tour of the Suburbs

The metro number is useful, but it can hide what is happening in your specific city. Here are a handful worth calling out. Broomfield stole the show with a record median, while Aurora, Centennial and Thornton softened a bit on price even as their inventory tightened. Wheat Ridge looks explosive on paper, though it sells so few homes each month that one or two high end sales can swing the number hard.

The Bottom Line

Bottom line: The crash that was promised has not shown up in Denver. Prices are holding near record territory, inventory is tightening rather than flooding, and the market is the most balanced it has been in years. Where you live still matters though, so if you want to know what your specific neighborhood is doing, just reply and ask.

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