Greater Metro Denver Real Estate Market Update

March 2025

March saw a spike in active listings across Greater Metro Denver, with an increase of 54% YoY for both single-family homes and condo/townhomes.

Implications for Buyers

• More Options: With inventory up significantly (53.8% year-over-year), buyers have more choices now than they have had in recent years.

• Less Competition: The increase in months supply (2.7 months) and days on market (47 days) means less pressure to make quick decisions.

• Negotiating Power: Homes are selling for 99.3% of list price, and showings per listing are down YoY, suggesting buyers have more negotiating leverage.

Implications for Sellers

• Price Realistically: With increased inventory and longer selling times, accurate pricing is crucial.

• Prepare for Longer Timelines: The average days in MLS increased to 47 days, so sellers should be prepared for a longer selling process.

• Stronger Spring Market: The seasonal data shows a typical strengthening of the market heading into spring, which could benefit sellers listing now.

• Single Family Advantage: Single family homes are holding value better than condos, giving these sellers a relative advantage.

Greater Metro Denver includes the following counties:

• Arapahoe, Adams, Broomfield, Denver, Douglas, Elbert and Jefferson

• Reports are based on information from REColorado®, Inc. for the period shown. Note: This representation is based in whole or in part on content supplied by REColorado®, Inc. REColorado®, Inc. does not guarantee nor is in any way responsible for its accuracy. Content maintained by REColorado®, Inc. may not reflect all real estate activity in the market.

• Information deemed reliable but not guaranteed. Real Estate Services.