As we move deeper into 2025, a noticeable shift is taking place in the housing market—and Colorado is at the forefront. According to Zillow’s June 2025 report, national housing inventory has reached its highest level since 2019, with over 1.36 million active listings. For the first time in years, we’re seeing clear signs of balance between buyers and sellers, creating a market environment that’s different from what we’ve all been navigating over the past few years .
Inventory Is Climbing—But So Are Price Cuts
While it’s true that inventory is still 21% below pre-pandemic levels, we’re trending toward normalization. In fact, Zillow projects we may reach those pre-pandemic figures by the end of this year. Yet with more homes hitting the market and fewer buyers competing, the number of price reductions is surging.
In Denver, nearly 38% of listings had a price cut in June, putting it at the top of the list nationally for markdowns. This mirrors what we’re seeing across other major Sun Belt metros like Raleigh, Dallas, and Phoenix .
What’s Causing the Shift?
It’s a combination of factors:
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More sellers are listing their homes, including new construction inventory.
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Buyers are pausing, often due to affordability concerns, which lowers competition.
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Sales dropped 4.9% from May to June, even though they were still up year-over-year.
Homes that do sell are now spending an average of 19 days on the market before going under contract—up from 15 days in 2024 and 11 in 2023 .
What This Means for Buyers
If you’ve been waiting for the “right time” to buy, this could be your window.
Buyers now have:
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More inventory to choose from
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Less competition at offer time
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Greater negotiating power, including the potential for seller concessions or price flexibility
However, it’s important to understand that a more balanced market doesn’t mean affordability is no longer a concern. High interest rates and pricing are still very real barriers, especially for first-time buyers. That’s why working with an experienced team—like ours at Corken + Company—is essential for navigating lending options, identifying under-the-radar opportunities, and negotiating effectively.
What This Means for Sellers
If you’re thinking about listing, strategy matters more than ever.
With more listings on the market and buyers moving more slowly, it’s no longer enough to simply list a home and wait. Sellers need to:
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Price accurately based on current market trends
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Stage and prep the home to stand out
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Partner with a brokerage that knows how to reach high-quality, ready buyers
The good news? Homes that are well-positioned are still selling—and still achieving strong valuations. The key is timing, presentation, and smart positioning.
What’s Next for Colorado?
In many ways, Denver is a bellwether for national trends. As price cuts climb and balance returns, both buyers and sellers in our region should prepare for a more strategic market. According to Zillow, 22 of the top 50 U.S. metro areas are now considered “neutral,” up from 15 just a month ago. That includes Denver .
The shift we’re seeing isn’t necessarily a negative—it’s an opportunity. Whether you’re entering the market as a buyer or considering selling, having expert guidance on your side is more important than ever.
Ready to make your next move?
Corken + Company is here to help you navigate this evolving market with clarity, confidence, and white glove service. Explore our full suite of real estate solutions at www.corken.co or call us directly at 303-858-8003.
