I pulled Months of Supply data for the 20 largest U.S. metros and ran the numbers for March 2026.

Denver comes in at 2.6 months — 5th tightest in the country. Only Seattle, Indianapolis, Detroit, and Minneapolis are running leaner than us right now.

The magic number is 3.0 months. Below that, sellers have the upper hand. Above it, buyers do. Denver hasn’t crossed that line while a lot of other major markets have — Phoenix, Tampa, Dallas, Orlando are all sitting above 3.0 now.

So what does that mean if you’re in the Denver market?
Sellers — you’re still in a good spot. Price it right and buyers will show up.
Buyers — inventory is still tight. When a well-priced home hits the market, move on it.