CPR™ Reviewed
CIR-20260419-000430
Denver's spring market has more inventory than it's had in years — and that's actually the story buyers keep misreading
Here's what's actually happening in Denver's spring market right now, and why I think most buyers have it backwards. We're sitting at 9,846 active listings across the Denver metro. That's a number that hasn't looked like this in a while. Most buyers hear that and think 'great, I have time.' My honest read is the opposite — when prices are rebounding AND inventory is rising at the same time, you're in a window, not a waiting room. Prices came down enough to create real value. Now they're climbing back. That combination doesn't stay open indefinitely. Meanwhile, two things happened this week that tell me where Denver's development energy is pointed. Greenwood Village just unanimously approved the 'Village at Landmark' — 90 homes on a 13-acre site near DTC that has sat vacant for years. That's not a minor approval. A unanimous vote on a gated community near one of Denver's most established employment corridors tells you what the council thinks demand looks like. At the same time, the Apiary Hotel and Residences opened at Belleview Station in Southmoor Park — 193 luxury rentals attached to a Marriott, sitting directly on a transit hub. Two very different products, two very different price points, same underlying signal: people want to be in Denver's south corridor, and developers are finally building to match it. What this means practically: if you're an older adult or a family thinking through a housing plan in the DTC or Greenwood Village area, the inventory picture is clearer than it's been in two or three years. There are real choices available right now. Steady decision-making in a moment like this tends to produce better outcomes than waiting for a signal that may not come. The quotable line I keep coming back to: More inventory doesn't mean more time — it means more choices, and those two things are not the same. If you're watching the south Denver corridor and trying to make a clear, practical plan — I'm glad to talk through what the numbers actually mean for your specific situation. What I'm curious about: Are you seeing properties sit longer in your target neighborhoods, or are the good ones still moving in the first weekend? — Kevin Lundy | The HomeBridge Group at eXp Realty