Best In Colorado Real Estate™: Denver

78.9% of all new homes built in the Denver metro since 2020 are located in just three cities: Denver, Castle Rock, and Parker. This concentration means that the majority of the metro's housing growth is not spreading—it’s stacking. The data comes from ALEX Intelligence’s analysis of U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024. This pattern reveals a growing spatial divide: while a few cities absorb nearly all new supply, the rest of the metro faces stagnant development and rising affordability pressure. This is not a sign of market health—it’s a sign of structural imbalance. How can we ensure that new housing growth is inclusive across the entire Denver metro? Share of the Market's Post-2020 Homes in Its Top Three Cities, top 10 (ALEX Intelligence — U.S. Census Bureau 2024) #1 Denver — 13,804 #2 Castle Rock — 2,412 #3 Parker — 1,381 #4 Lakewood — 1,373 #5 Castle Pines — 1,149 #6 Highlands Ranch — 666 #7 Wheat Ridge — 406 #8 The Pinery — 254 #9 Golden — 208 #10 Applewood — 122 Photos via Wikimedia Commons: Slide 1: Larry D. Moore (CC BY 4.0) https://commons.wikimedia.org/?curid=150019226; Slide 2: NateBergin (CC BY 4.0) https://commons.wikimedia.org/?curid=196077648; Slide 3: cogdogblog (CC BY 2.0) https://commons.wikimedia.org/?curid=56954982; Slide 4: Colorado Senate GOP (CC BY 2.0) https://commons.wikimedia.org/?curid=29653629 Source: https://alex-companies.com/data/2026-11-04-denver-concentration-new-homes-place View and join any or all of our communities — AI, quantum, and real estate: https://alex-companies.com/reports/linkedin-groups If there's an AI, quantum, or real estate community you'd like to see us convene, tell us — this portfolio grows by request. Real Estate Strategy & Intelligence Leader. Democratized Blue Ocean Strategist & Operator. Diane Hart Alexander, MBA, MHA Chair & CEO, ALEX Companies Designated Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al. Texas License #574877-B · Broker License #565194-BB [email protected] · +1 713.591.9902
Source data: Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024 · ALEX Intelligence computation
Download the PDFDownload the video
Slide 1Slide 2Slide 3Slide 4
Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B  ·  George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov