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
Denver made the TOP 10 List for Major Cities!
As we close out the first half of the year for the 2025 Real Estate Market, we see that re-aligning expectations with some present day conditions is the reality of the day! Contracts are slow, homes are lingering on the market and price reductions are becoming more common! In fact, the Denver Housing Market for 2025 was in the Top 10 Major Cities for Price Reductions and corrections in the market according to Inman News and additional data from Realtor.com!
We all entered this year with high hopes and anticipation of falling interest rates and renewed buyer activity, however new listings in April and May significantly outpaced the buyer demand and we now have just over 14,000 Active Listings on the market. New Listing activity typically peaks in May or June, so we do expect this to level off soon. The balance of Supply and Demand has shifted this market into a transition time, which gives both Buyers and Sellers some fantastic opportunities right now!
Homes are still selling every month, and year to date homes Sold is within 1% of homes sold in 2024! Sellers, this is a great time to adapt in this market and price competitively and make your home show the very best you can! It will Sell!
Buyers, your opportunities abound right now as you have more homes to look at and a great selection of homes to fit every need and every price point! The second half of the year will see some consistent activity, and some of the best pricing all year!
Please call us today to discuss your Real Estate needs, and take advantage of this 2025 Market!
Make it a great Summer!
Metro Denver Area Residential Market Update
AVERAGE DAYS ON MARKET
JUNE 2025
ACTIVE INVENTORY
JUNE 2025
ACTIVE LISTINGS
10,214
14,007
JUNE 2024
JUNE 2025
UP 37.14%
UP 37.14%
AVERAGE SOLD PRICE
(YEAR OVER YEAR)
SOLDS
JUNE 2025
TOTAL # SOLD (HOUSES & CONDOS – JUNE 2025) 3,864 LAST YEAR: 3,929 DOWN 1.65%
AVERAGE SALES PRICE (HOUSES & CONDOS – JUNE 2025) $743,572 LAST YEAR: $717,435 UP 3.64%
Metro Denver Area Luxury Market Update
AVERAGE DAYS ON MARKET
JUNE 2025
NEW LISTINGS
JUNE 2025
TOTAL # SOLD (HOUSES & CONDOS – MAY 2025) 574 LAST YEAR: 546 UP 5.13%
AVERAGE SALES PRICE (HOUSES & CONDOS – JUNE 2025) $1,672,248 LAST YEAR: $1,570,152 UP 6.50%
AVERAGE SOLD YTD
JUNE 2025
TOTAL SOLDS YTD
JUNE 2025