Denver's housing market saw a 2.1% rise in active listings to nearly 13,000 homes, below the national 3.6% increase. New listings surged 6.4%, unlike the national flat trend. Median list prices dropped 4.2% to $574,900, exceeding the national median of $424,500 but narrowing the gap. Price reductions affected 31.4% of listings, higher than the 20.4% national rate. Homes sold in a median 57 days, slightly faster than the national 60 days. Buyers currently hold more leverage.