As we step into spring, Denver’s real estate market continues to show signs of growth and shifting dynamics. February 2025 data from REcolorado reflects increased activity, rising home values, and a surge in new listings. Whether you’re considering buying, selling, or investing, understanding these market trends can help you make informed decisions.
Median Home Prices Continue to Rise
The median close price for residential properties in the Denver Metro area reached $599,990, marking a 4.35% increase month-over-month. This upward trend signals strong buyer demand despite fluctuating interest rates. Sellers remain in a favorable position, with home values continuing to appreciate.
More Homes Selling, Faster Turnaround
Closed home sales jumped to 2,573, reflecting an 8.52% increase compared to the previous month. Sales volume also surged to $1.81 billion, an 11.18% increase, reinforcing Denver’s real estate market strength. With median days on MLS dropping to 29 days (a 35.56% decrease), homes are selling faster as buyers move quickly on available inventory.
A Surge in New Listings & Inventory Growth
One of the most notable shifts in February was the dramatic increase in new listings. 4,828 new properties hit the market, a staggering 161.82% increase from last month. Active listings rose to 8,554, an 11.26% increase, providing more options for buyers. This rise in inventory is essential for market balance and could create more opportunities for those searching for a home.
Pending Sales Reflect Buyer Confidence
Pending sales increased 22.42%, reaching 3,516, highlighting continued buyer confidence in the market. As competition remains strong, buyers should be prepared with pre-approvals and competitive offers to secure their ideal home.
Months of Inventory Remains Stable
Denver’s housing supply currently stands at 3.3 months, slightly declining by 2.35%. While inventory levels are improving, the market remains competitive. A balanced market typically requires 5-6 months of inventory, meaning Denver still leans toward a seller’s market.
What This Means for You
• For Sellers: Rising home prices and strong demand make this an excellent time to list your home. With new listings increasing, pricing competitively and preparing your home for showings will help attract serious buyers.
• For Buyers: More inventory means more choices, but homes are still selling quickly. Being pre-approved and working with an experienced agent can give you an edge in securing a property.
• For Investors: The combination of rising prices and strong sales volume suggests that Denver’s market remains a valuable investment opportunity.
Stay Ahead with Corken + Company
Denver’s real estate market continues to evolve, and our team at Corken + Company is here to help you navigate these changes. Whether you’re buying, selling, leasing, or investing, we offer real estate solutions without limits. Contact us today at 303-858-8003 or visit www.corken.co to explore your options in Denver’s dynamic market.
