Metro Denver Real Estate Market Update – March 2025

Our market update for the metro Denver area for March 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 Spring Selling Season is off to a slower start than usual, but make no mistake that the spring selling season is in full swing, and this year it points to a slight buyer’s market for the start of the season!

We have seen sellers coming back to the market as Inventory at the end of February was over 8,500 active listings, and they have been met with some falling demand from buyers, economic uncertainty and continued sticker shock and affordability!

The market has felt a little confused the first couple of months with some homes getting great showing activity and potential multiple offers, while others sit on the market for an extended period.

The biggest question for sellers:

• Is your home as turnkey as possible?
• Does it show well?
• Is it priced correctly and marketed aggressively?

We have some very successful ideas for you to prepare your home for sale, and yes styles are changing a little! One of our greatest assets is our “Coming Soon Campaigns” and we are finding that after we start your marketing with the best Coming Soon Campaign in Denver, you get more traffic on opening weekends!

Here is the real secret in the market for Buyers! As the Economy is full of uncertainty right now, Mortgage Interest rates have quietly been falling and this is creating great opportunities for you to get a great price and interest rate! We are seeing low to mid 6% range right now, and to be honest our own Colorado Professionals Mortgage is almost always lower than the rest of the market! It is worth getting a 2nd opinion!

Metro Denver Area Luxury Market Update

The Luxury Market is showing a strong presence through the first quarter of the year.

Buyers are responding to the increased number of choices of properties in the market with a 17% increase in active listings for single family homes in February.

The total number of homes sold is up nearly 12% for the year. Average sales prices are pretty even with last year with just over a 1% decline. The average days on the market for single family homes is at 57. This is an important number for Sellers to be looking at when pricing their homes because price matters.

We are seeing a lot of homes going under contract within a few days of going on the market, meaning that they were priced right and in great condition. This also means that at the other end of the spectrum we are seeing a lot of homes, possibly not in perfect condition or priced right sitting on the market well past the average of 57 days.

Sellers, continue to price correctly and Buyers, continue to look for the diamonds in the rough to get the best value and as always consult your real estate professional for specifics on your neighborhood.