Our market update for the metro Denver area for May 2025 is broken down into All Residential, as well as Luxury Residential stats.

Below are links to download our update, as well as a breakdown of the stats in more detail:

• Metro Denver Area Residential Market Update
• Metro Denver Area Residential Luxury Market Update
• Metro Denver Area Residential Market Update Detailed Stats

The Late Summer and Hot August Real Estate Market is here with great potential Right Now!

The Denver Metro Real Estate market in August 2025 has entered a more balanced phase while we navigate a market of contrasts!  REcolorado, our MLS is reporting that the increased inventory that peaked above 14,000 Active Listings last month ended July at 13,995.  This matches our predictions last month that the growing inventory may be slowing down the rest of the year! New Listings were up 4%, Pendings were up almost 7%, while Closed Homes were down about 7% all compared to July 2024.  The Average Price of a Single Family Home stood at $782,000, which is down 1% from last year.  The Average Price of Attached Homes was softer at $425,000, and that is down almost 7% from July 2024.  The Days on Market  continues to grow at 40 for all markets, and that is up 33% from last year. This is giving buyers more negotiating room while sellers face a need for sharper pricing and presentation. As interest rates remain steady, with a slight chance of improving,  both buyers and sellers should prepare strategically for a potentially active Fall Market.

Buyers – Do This Now:

• Get pre-approved to strengthen your negotiating position.
• Watch for price reductions and act quickly on well-priced homes.
• Budget for potential seller concessions like closing costs or rate buy-downs.

Sellers – Do This Now:

• Price competitively based on recent neighborhood sales and current pendings.
• Invest in minor repairs and staging to stand out. It is a Beauty Contest right now!
• Be open to negotiation, especially on inspection items or closing timelines.

Wow, does Summer go by quickly, so enjoy the end of Summer activities and please call today with any Real Estate needs!

Make it a great August!

Metro Denver Area Residential Market Update

Metro Denver Area Luxury Market Update

The Luxury market is robust in the Denver metro area with an overall increase in single family home sales of 7% over this time last year.

This doesn’t mean that there isn’t reason for caution. Buyers are seizing opportunities in the market as prices have begun to moderate and correct slightly with an overall reduction in pricing this year of 3% over last year’s prices. Some outstanding properties in great neighborhoods that are priced correctly are still achieving list prices and in some cases over list price while other properties not in top condition and not priced correctly for condition are experiencing price reductions to achieve a sale.

Condition, good presentation and correct pricing are critical for Sellers. Buyer opportunities are at their best level in years with increased inventory, tempering prices and sellers willing to offer incentives toward interest rate buy downs and closing costs. We are also starting to see some slight reduction in interest rates which are bringing buyers out. There are great opportunities for both buyers and sellers but as always, the Denver metro area is very neighborhood specific, always consult your favorite RE/MAX Professionals agent for the best information on what is going on in your neighborhood.