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Metro Denver Real Estate Market Update – September 2025
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Metro Denver Real Estate Market Update – September 2025

Our market update for the metro Denver area for September 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:

This Fall Market is full of Opportunity!

Now that we are past the Labor Day Holiday, and the Summer Real Estate Market is behind us, the term Fall has greater meaning this year than at anytime over the last decade!  Let me explain further, as many have mentioned that Market Updates are a little boring or maybe redundant with little change from month to month.  We agree that sometimes months feel like weeks, and these come at us very quickly, with little change month over month!  This is one Market Update that you will want to pay attention to as we call it a Fall Market, and historically has been the second busiest and active time in the Denver Real Estate Market!  The term Fall this year has extra meaning as Home Prices have continued to fall this year, and to be honest some of the best values on most real estate  is right now!  But wait, there is more as Interest Rates have fallen dramatically over the last couple of weeks with the Average 30 year fixed rate mortgage in the low 6% range, and most of the Government Insured Loans like FHA and VA in the high 5% range.

Buyers, this is your time of year to engage if you have been on the sidelines for a while, as you will find the best pricing, lowest interest rates and the best values and affordability we have seen all year!

Sellers, the market has been hit hard with standing Inventory putting downward pressure on pricing, so this is the time to make your home show the best it possibly can and price it correctly!  The Denver Market still has over 13,000 Active Listings, which is approximately 22% above this time last year! 

This market is both a Beauty Contest and a Price War, so it can be difficult to navigate.  The good news is we have the experience and knowledge at RE/MAX Professionals to guide you successfully through this Fall Market of Opportunity!  Let’s talk today!

Make it a great Fall!  

Metro Denver Area Residential Market Update

AVERAGE DAYS ON MARKET AUGUST 2025 44 DAYS 2024: 36 DAYS UP 22.22% 59 DAYS 2024: 40 DAYS UP 47.50%

ACTIVE INVENTORY AUGUST 2025 9,025 2024: 7,497 UP 20.38% 4,034 2024: 3,227 UP 25.01%

ACTIVE LISTINGS
10,724  13,059
AUGUST 2024  AUGUST 2025
UP 21.77%  UP 21.77%

AVERAGE SOLD PRICE (YEAR OVER YEAR) +0.31% SINGLE FAMILY 1 YEAR
-0.47% CONDO 1 YEAR

SOLDS AUGUST 2025 2,803 2024: 2,892 DOWN 3.08% 833 2024: 958 DOWN 13.05%

TOTAL # SOLD (HOUSES & CONDOS – AUGUST 2025) 3,636 LAST YEAR: 3,850 DOWN 5.56%

AVERAGE SALES PRICE (HOUSES & CONDOS – AUGUST 2025) $716,245 LAST YEAR: $708,017 UP 1.16%

Metro Denver Area Luxury Market Update

The luxury market is being very resilient in spite of prices that are normalizing and softening and increasing inventory levels. The total number of luxury sales are up 4% over last year evidencing that buyers at this level are still out buying the home that they want and meets their needs.

Buyers have accumulated large amounts of equity in their present homes and they are taking advantage of the increased inventory allowing them more selection and decision making time, and decreasing interest rates are giving them more buying power and even giving cash buyers more confidence in the market. Prices have only declined by a little bit more than 2%. There is great opportunity in the market for buyers right now.

What does this mean for Sellers? Not only do you need to be priced correctly, you need to have your home show to it’s best advantage. Houses priced correctly and show in top condition are selling the quickest for the highest dollar amount. Every neighborhood is very specific so consult your local RE/MAX Professionals broker for the most current picture in your neighborhood. 

AVERAGE DAYS ON MARKET AUGUST 2025 51 DAYS 2024: 46 DAYS UP 10.87% 51 DAYS 2024: 59 DAYS DOWN 13.56%

NEW LISTINGS AUGUST 2025 606 2024: 597 UP 1.51% 44 2024: 33 UP 33.33%

TOTAL # SOLD (HOUSES & CONDOS – AUGUST 2025) 526 LAST YEAR: 505 UP 4.16%

AVERAGE SALES PRICE (HOUSES & CONDOS – AUGUST 2025) $1,614,341 LAST YEAR: $1,653,354 DOWN 2.36%

AVERAGE SOLD YTD AUGUST 2025 +0.26% SINGLE FAMIlY 1 YEAR
-0.25% CONDO 1 YEAR

TOTAL SOLDS YTD AUGUST 2025 3,742 2024: 3,494 UP 7.10% 163 2024: 216 DOWN 24.54%