DENVER – Home sales increased in April, but the number of new listings outpaced demand, creating more available inventory and continuing a shift toward a more balanced housing market.

Typical for the spring selling season, April home sales grew 7.6% over March, while new listings increased 10.5% during the month. Across the 51 metro areas surveyed, year-over-year activity was largely unchanged, with sales up just 0.1% and new listings down 1.3%.

The number of homes for sale grew 4.5% over March 2026 and 2.0% year over year. The median sales price increased 1.5% to $445,000 – the 34th consecutive month of year-over-year price appreciation.

“April’s housing data shows a market that’s continuing to find its balance,” said REMAX® President and Chief Growth Officer Chris Lim. “More homes came onto the market faster than buyers were purchasing, which means buyers had more choices than they’ve had in a while. At the same time, prices were stable. Overall, it’s a steadier, less competitive environment than we’ve seen recently, and that’s giving both buyers and sellers a better chance to make confident decisions.”

Baltimore, Maryland, ranked among the top five metro areas for the largest year-over-year decline in new listings, down 23.4%. Month over month, however, the market landed closer to the national average, with listings rising 12.5%.

Ricky Cantore, a sales associate with REMAX Advantage Realty in Columbia, Maryland, said that while rising inventory is beginning to create more opportunities for buyers, conditions remain uneven across neighborhoods and still favors sellers in certain areas.

“We’re seeing more homes come onto the market in certain areas, but overall inventory is still relatively tight, and conditions can vary dramatically from one neighborhood to the next,” said Cantore. “In some cases, well-prepared homes are still getting 20 or more offers and selling well above asking, while others are sitting longer if they’re not priced right. It’s more balanced than it’s been in recent years, but buyers still need to be well-prepared and ready to act quickly — and sellers who adjust their pricing early are ultimately positioning themselves for the strongest results.”

Other metrics of note:

• Days on market: Homes took an average of 45 days to sell, five days less than in March but four days longer than a year ago.
• Months’ supply of inventory: Inventory totaled 2.3 months, identical to March but lower than the 2.4 months in April 2025.
• Close-to-list price ratio: Buyers paid 99% of the asking price in April, unchanged from last month and the same as April 2025.

Highlights and local market results for April include:

New Listings
In the 51 metro areas surveyed in April 2026, the number of newly listed homes was down 1.3% compared to April 2025, and up 10.5% compared to March 2026. The markets with the biggest decrease in year-over-year new listings percentage were Dover, DE at -33.0%, Trenton, NJ at -28.3% and Baltimore, MD at -23.4%. The markets with the biggest year-over-year increase in new listings percentage were Indianapolis, IN at +17.8%, Pittsburgh, PA at +15.4% and Seattle, WA at +14.5%.