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

Our market update for the metro Denver area for November 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

A Season of Gratitude in a Market that feels less than Thankful!

The Denver Real Estate Market has felt a little upside down this year, as the typically active Spring Market felt less than active with Sellers New Listings outpacing Buyers Demand and Inventory growing to levels we haven’t seen since 2012!

We are excited to announce that the late Fall Market that typically slows a little appears to be gaining some speed as Buyers used October as their moment to get off the fence.  This new activity looks like the “Recalibration” we mentioned last month as prices have stabilized while Sellers are adjusting their expectations and Buyers and Buyer Demand is still motivated when the numbers make sense and affordability is in reach.  By the numbers, we ended October with 12,495 Active Listings, and Pending’s increased by 3.4% in October over last year and Closed Sales were actually down almost 8% from October of 2024.  The Closed Sale numbers are down due to a lack luster market in August and September, but this October activity should provide a nice boost in Closings in November and December. 

Sellers: prices are stabilizing and market times are reasonable for those who prepare their home properly for the market and price it accurately, however it is still very competitive and varies from area to area and price range. 

Buyers: your opportunities to get the best values and interest rates we’ve seen all year are right now!  Please prepare your finances with a Pre-Approval with a Lender and be prepared to move quickly if you see the home that fits your needs, as the good homes will move quickly! It’s also a great time to be patient with the Inspection process, and don’t panic.  Remember that almost all issues at inspection are fixable and can be worked out with a reasonable Seller rather than terminating. The best news is that you can still find and close on a home before the Holiday Season and we are really good at helping you complete your Real Estate transactions.

We are so thankful for your trust and confidence, and look forward to discussing your Real Estate needs, so let’s talk today!

Happy Thanksgiving!

AVERAGE DAYS ON MARKET OCTOBER 2025 50 DAYS 2024: 43 DAYS UP 16.28% 59 DAYS 2024: 46 DAYS UP 28.26%

ACTIVE INVENTORY OCTOBER 2025 8,455 2024: 7,453 UP 13.44% 4,040 2024: 3,487 UP 15.86%

ACTIVE LISTINGS
10,940  12,495
OCTOBER 2024  OCTOBER 2025
UP 14.21%  UP 14.21%

AVERAGE SOLD PRICE (YEAR OVER YEAR) +3.55% SINGLE FAMILY 1 YEAR
+0.41% CONDO 1 YEAR

SOLDS OCTOBER 2025 2,639 2024: 2,808 DOWN 6.02% 715 2024: 826 DOWN 13.44%

TOTAL # SOLD (HOUSES & CONDOS – OCTOBER 2025) 3,354 LAST YEAR: 3,634 DOWN 7.71%

AVERAGE SALES PRICE (HOUSES & CONDOS – OCTOBER 2025) $732,213 LAST YEAR: $705,570 UP 3.78%

Metro Denver Area Luxury Market Update

The Luxury Market is continuing to weather the storm of a more even buyer/seller market successfully in 2025. 

In October the number of Luxury properties closed increased by 8% over the same month last year and prices held up with an almost 4% increase over last year. Days on the market are continuing to increase slightly to 54 days for single family homes and 60 days for attached homes. Inventory is up a little bit over 12% continuing to allow buyers more selection and keep sellers in check on pricing their homes correctly. The one area of the Luxury market showing signs of weakness this year is the attached home market where sales for the year are down almost 12% compared to sales of single family homes being up almost 8% for the year. 

What does all of this mean? 

Buyers have choices and they are making decisions carefully and slowly in most cases. 

Sellers who are pricing their homes correctly for the market in their neighborhood are finding success with sales happening in a reasonable time.  Correct pricing and a home in superior market condition is the key to success in the market right now.

AVERAGE DAYS ON MARKET OCTOBER 2025 54 DAYS 2024: 51 DAYS UP 5.88% 60 DAYS 2024: 53 DAYS UP 13.21%

NEW LISTINGS OCTOBER 2025 549 2024: 489 UP 12.27% 48 2024: 45 UP 6.67%

TOTAL # SOLD (HOUSES & CONDOS – OCTOBER 2025) 495 LAST YEAR: 458 UP 8.08%

AVERAGE SALES PRICE (HOUSES & CONDOS – OCTOBER 2025) $1,683,257 LAST YEAR: $1,622,250 UP 3.76%

AVERAGE SOLD YTD OCTOBER 2025 +1.23% SINGLE FAMIlY 1 YEAR
-1.10% CONDO 1 YEAR

TOTAL SOLDS YTD OCTOBER 2025 4,622 2024: 4,295 UP 7.61% 209 2024: 261 DOWN 19.92%