If you live in Applewood, you already know this neighborhood does not behave like “generic Denver.” Buyers shop Applewood for the lifestyle, the lots, the mature trees, and the foothills proximity, and that creates its own supply and demand rhythm.

For this March market update, I am using only the Applewood market data you provided (pulled on March 2, 2026), covering January 2025 through February 2026. I will break down what the numbers are doing, what they suggest about buyer and seller behavior right now, and what I expect as we move deeper into spring.

I’m Jason Sirois with the FORM Team at Compass Denver. I live in Applewood, I’m active in the community, and I track Applewood’s real estate trends closely so my clients can make confident decisions with current, neighborhood specific data.

Applewood March 2026 snapshot (based on February 2026 results)

Here are the headline takeaways from the most recent month in the dataset, February 2026:

• Closed listings: 29
  Up from 22 in January 2026, and slightly below 32 in February 2025.

• Median closed price: $680,000
  Up from $635,000 in January 2026, and up from $630,000 in February 2025.

• Median days in MLS: 31 days
  Down sharply from 86 in January 2026, and down from 40 in February 2025.

• Median showings to pending: 10
  Down from 12 in January 2026, and down from 14 in February 2025.

• Average percent of closed price to list price: 0.990 (99.0%)
  Up from 0.953 (95.3%) in January 2026, and essentially flat compared to 0.987 (98.7%) in February 2025.

The quick read: February looks like a spring reset. More closings than January, stronger price performance, faster market time, fewer showings needed to get to pending, and a major rebound in the list price to close price relationship.

Closed listings: activity is improving, but still not at peak levels

Applewood recorded 29 closed listings in February 2026, up from 22 in January 2026. That is a meaningful month over month jump in completed sales.

Zooming out, the dataset shows that 2025 had a higher activity ceiling. The high point in closed listings was June 2025 with 55 closings, and the average monthly closings across 2025 was about 38. That context matters because it reminds us that winter tends to compress activity, and spring and early summer often expand it.

What it means right now:

• Buyers are re engaging, and transactions are getting done again after a slower start to the year.

• Sellers who list into March and April are likely stepping into a market with improving momentum, but still with buyers who are paying attention to value and condition.

Median closed price: prices are rising from winter lows, but Applewood remains range driven

The median closed price rose to $680,000 in February 2026, up from $635,000 in January 2026. Year over year, it also increased versus $630,000 in February 2025.

This is a strong sign, but Applewood medians can move around because a single month can lean heavier toward one segment of the neighborhood. In the same dataset, the median peaked at $899,000 in October 2025 and dipped to $536,000 in December 2025. That does not mean values swung wildly overnight. It means the mix of what sold changed, such as more remodeled homes selling in one month and more smaller or fixer homes selling in another.

What it means right now:

• The winter softness seen in late 2025 is not a straight line trend into 2026. February pricing snapped back.

• For sellers, this supports a strategy of positioning your home to compete in the spring window when buyer attention typically rises.

• For buyers, it reinforces the importance of “micro comps,” meaning you want to compare your target home to truly similar Applewood sales, not just the neighborhood median.

Days in MLS: February moved faster, and that is a real signal

Median days in MLS dropped to 31 in February 2026, down from 86 in January 2026 and down from 40 in February 2025.

January’s 86 day median stands out as the highest point in the dataset, while the low point was 5 days in May 2025. That spread tells us Applewood can move from extremely fast to noticeably slower depending on seasonality and buyer psychology.

What it means right now:

• February’s improvement suggests that well priced homes are finding traction again.

• A 31 day median still indicates buyers are taking time to evaluate, which can be healthy. It often leads to fewer impulsive offers and more thoughtful negotiations.

• The big lesson is that “time on market” in Applewood is not just about demand. It is also about how accurately a home is priced relative to condition, layout, and updates.

Showings to pending: buyers are acting with fewer showings than earlier this winter

The median showings to pending fell to 10 in February 2026, down from 12 in January 2026 and down from 14 in February 2025.

In this dataset, showings to pending ranged from 7 (May 2025) to 19 (December 2025). December’s high number suggests that, at least in that month, homes generally required more buyer traffic before a contract was secured.

What it means right now:

• Homes are converting to pending status with less “shopping around” than earlier this winter.

• Buyers may be showing up more intentional, or sellers may be pricing more realistically, or both.

• For sellers, this is a reminder that presentation matters. When buyers are selective, the homes that feel move in ready, clean, and well maintained tend to win attention faster.

Price to list ratio: negotiating power tightened again in February

Applewood’s average close to list ratio rose to 99.0% in February 2026, up from 95.3% in January 2026. That is a big shift in just one month.

In 2025, the strongest month in this dataset was April 2025 at 100.9%, which reflects an over list environment on average. The average across 2025 sits around 99.1%, so February 2026 is basically back in line with the broader recent norm.

What it means right now:

• The negotiating window that appeared wider in January tightened again in February.

• Sellers who are priced correctly are less likely to need major concessions.

• Buyers can still negotiate, but the best leverage tends to come from choosing the right listing, not from assuming every seller will discount.

What this means for Applewood buyers and sellers in March 2026

If you are selling in Applewood

• February shows improving speed and stronger list to close performance, which supports listing into spring if you are prepared.

• The market is rewarding accuracy. The best outcomes come from smart pricing paired with strong presentation and clean positioning.

• If your home is dated, you can still sell well in Applewood, but you need a strategy that matches buyer expectations for that condition tier.

If you are buying in Applewood

• February’s metrics suggest competition is firming up again compared to January.

• Your edge will come from clarity and readiness. Know your must haves, understand the micro pocket you want, and be prepared to move when the right home appears.

• Days in MLS improving does not mean every home is a bidding war. It means the good ones are getting absorbed.

March and spring outlook: what I expect next

Based on the direction of the most recent data points, here is my practical expectation for the next stretch of the market:

• Closings should trend upward as spring inventory and buyer activity increase, especially compared to January’s low point.

• Median pricing may remain choppy month to month because Applewood’s median is heavily influenced by what type of homes sell in a given month.

• Days in MLS may continue to normalize from the January spike, with faster absorption for homes that are well positioned and slower timelines for homes that miss the mark on pricing or presentation.

• Price to list ratio is likely to stay near the high 98 to 99% range if February’s tighter negotiation dynamic continues into peak season.

If you want a sharper forecast for your specific home, your street, or your price bracket, that is where neighborhood level analysis becomes essential.

FAQ: Applewood March market update

1) Why does Applewood’s median price swing so much month to month?
Because the median reflects the mix of homes that sold in that month. If more remodeled or larger homes close, the median rises. If more smaller or fixer homes close, it can fall.

2) Is Applewood still a seller’s market?
February’s 99.0% close to list ratio and improved days in MLS suggest sellers have solid positioning when they price and prepare correctly, but buyers still have room to be selective.

3) What is the most important stat for sellers right now?
Days in MLS plus close to list ratio together. February improved on both, which supports a stronger spring environment when listings are positioned well.

4) What is the most important stat for buyers right now?
Showings to pending. February dropping to 10 indicates homes are moving to contract with fewer showings, meaning you may have less time to wait on the right listing.

5) Should I list now or wait for later in spring?
If your home is ready, March and April often bring motivated buyers back into the market. The key is readiness, not just timing.

6) Can you pull comps for my specific part of Applewood?
Yes. Applewood is not one uniform market. I can break down recent sales by micro pocket and price segment so you can make a decision grounded in what buyers are paying right now.

Local real estate connection

If you have been considering a move within Applewood, a sale in Applewood, or buying into the neighborhood, I am happy to review the current Applewood housing data with you and give you a clear, no pressure read on positioning, pricing, and timing. As an Applewood resident and a Denver Realtor, I also have a vetted list of local vendors, from painters to roofers to landscapers, if you want help prepping a home for the market or tackling spring projects.