The Denver Metro housing market continued its seasonal adjustment in October 2025, with a clear tightening in inventory and a moderate uptick in pricing. While many buyers and sellers are navigating decisions shaped by rising interest rates and macroeconomic uncertainty, the latest data reveals both resilience and strategic opportunity in Colorado’s residential real estate landscape.
Median Price Climbs While Sales Dip
The median close price for residential homes in the Denver Metro area rose to $595,000 in October, reflecting a 1.45% increase from the previous month. This bump in pricing signals continued demand, even as the number of closed sales fell 6.96% to 3,354 homes.
Fewer completed transactions, combined with upward pricing pressure, suggest that sellers who price correctly are still seeing strong returns. Buyers, on the other hand, are becoming more selective, taking time to make decisions amid tighter financial conditions.
Sales Volume and Time on Market Reflect Cooling Activity
Total sales volume reached $2.46 billion, a 1.23% decline month over month. While not a dramatic drop, it aligns with fewer closed transactions and reflects a softening market pace as we move deeper into Q4.
The median days a home spent in the MLS rose to 33 days, marking a 5.71% increase in time on market. This gradual lengthening gives buyers more breathing room and may signal that bidding wars are becoming less common. Sellers, however, need to ensure their listings stand out—homes that linger too long may require price adjustments or improved staging.
Inventory Levels Signal Shifting Market Conditions
Months of inventory increased to 3.73, up 4.11% from the previous month. This metric tracks how long it would take to sell all current listings at the current sales pace and is a key indicator of market balance. At nearly four months, Denver is slowly inching closer to a more balanced market environment, though it still leans in favor of sellers.
That said, active listings declined by 4.43%, dropping to 12,495 properties, while new listings saw a sharp decrease of 9.67%, totaling just 4,483. This double dip in supply means that while homes are taking a bit longer to sell, there are also fewer options coming to market. The result is a market where well-priced homes still see strong interest but may take slightly longer to close.
A Glimpse of Buyer Momentum
In a notable shift, pending sales rose 1.11% to 3,457, suggesting that some buyers are still actively writing offers, especially before potential further interest rate hikes. This slight uptick indicates that motivated buyers are still very much engaged, particularly for properties that are priced right and move-in ready.
This rise in pending sales also points to a window of opportunity for sellers ahead of the winter slowdown. With fewer listings entering the market, reduced competition could help existing inventory capture buyer attention before the end of the year.
Navigating the Current Market with Confidence
For sellers, October’s numbers reinforce the importance of pricing and presentation. While values remain strong, buyers have more time and leverage than they did at the height of the pandemic market. Homes that are thoughtfully prepared, competitively priced, and marketed effectively are still moving—just not at the breakneck speed of previous years.
For buyers, the current environment offers less urgency and slightly more negotiation room. While prices are still elevated, the increase in inventory and days on market presents a more balanced playing field for those ready to make a move this fall.
Working with an experienced real estate partner like Corken + Company can help both buyers and sellers make sense of shifting data and leverage it to their advantage. Whether you’re considering listing before the holidays or preparing to buy in early 2026, strategy and timing remain everything in today’s market.
Market Snapshot Summary: October 2025
Median Close Price: $595,000 (↑ 1.45%)
Closed Homes: 3,354 (↓ 6.96%)
Sales Volume: $2.46 Billion (↓ 1.23%)
Months of Inventory: 3.73 Months (↑ 4.11%)
Median Days in MLS: 33 Days (↑ 5.71%)
Active Listings: 12,495 (↓ 4.43%)
New Listings: 4,483 (↓ 9.67%)
Pending Sales: 3,457 (↑ 1.11%)
As always, the Corken + Company team is here to help you navigate the Denver Metro market with confidence, clarity, and strategic insight. Visit www.corken.co or call 303-858-8003 to start your real estate journey today.
