Metro Denver Real Estate Market Update – February 2025

Our market update for the metro Denver area for February 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

Metro Denver Area Residential Market Update

The beginning of each New Year brings optimism and some anxiety for what temperature the market will be! One of our Top 10 Projections for the 2025 Market is that Sellers will be nudged back into the market and increase Inventory.

We have good news, as the main highlight for January was the influx of new Inventory! The Denver Real Estate Market has started 2025 with some very positive signs even though the basic metrics are very similar to 2024. Interest rates are mostly unchanged, and possibly trending slightly lower, but the most reliable metric is always Supply and Demand!

We have more good news as Supply is increasing, and demand is growing with the newest listings very active and some multiple offers! By the numbers for January, we saw Active Inventory at 7,688 which is 58% higher than January of 2024! New Listings at 4,339 which is 32% higher than last year, while Pendings and Solds were about the same as last year! The biggest surprise is that the average Days on Market is now at 61 days and that is up 25% over last year, and we currently have about 14 weeks of Inventory! 

Sellers if you are considering selling your home this year, the Prime Time of our Market has begun, and you have very favorable conditions for having a successful sale with our excellent marketing systems!

Buyers, if you are planning to buy a home this year, you may have the best selection of homes for sale that we have seen for many years!

Metro Denver Area Luxury Market Update

Wow! The Luxury Market is starting off the new year in a very hot fashion. The number of single family home sales in January 2025 was up over 17% from January of 2024 and prices have increased in January 6.3% over last year.

This is great news for Sellers. There is also great news for Buyers, new listings are up over 44% which allows for great choices for buyers, and the average days on the market in the $1M+ category is now 80 days giving buyers more opportunity to make wise decisions and make purchases at appropriate pricing for the specific neighborhood they are looking in.

This all points to a market that is becoming more normalized, meaning a market that is more equally fair to both sellers and buyers. As is always the case please consult your favorite real estate professional for specific information about your neighborhoods of interest and how to be best prepared to sell and buy.