Facebook
X
Pinterest
Copy Link
As we close out the third quarter, the Denver Metro real estate market remains consistent—but that doesn’t mean it’s standing still. While prices have moved modestly and buyer activity has softened slightly, rising inventory and increasing days on market are beginning to define the fall season. The data shows a market still moving, but only for those who price and prepare strategically. Market Overview – September 2025:
-
Median Sale Price: $589,900, down 0.56% from August but up 2.59% year-over-year, signaling ongoing price stability.
-
New Listings: 4,968 homes hit the market in September—up 6.18% from August but slightly below last year’s levels.
-
Days in MLS (Median): .Increased to 35 days, up from 30 in August and 25 in September 2024.
-
Close-Price-to-List-Price Ratio: 98.32%, reflecting a continued need for realistic pricing from sellers.
Current Conditions: Active listings remain high, with 13,074 homes on the market at the end of September—a 17.62% increase year-over-year and the highest September inventory since pre-pandemic levels. Buyers are still writing offers, but pending sales dipped slightly from August and closed sales dropped 8.78%, marking a slower close to Q3. The data tells a story of divergence: detached home sales volume rose 6.55% from last year, while attached homes saw a 16.78% decline. Higher community dues and maintenance costs continue to weigh down the condo and townhome market.
For Sellers: The key takeaway this month is the importance of pricing strategy. Even though price drops have been common, the median sale price has held relatively steady. Homes that are priced correctly from the start are still selling with minimal discounts. But homes that sit? They face steeper reductions as the weeks pass.
For Buyers: Inventory is up and competition is down, giving you more leverage and more options. But the best opportunities still go quickly. Stay informed about local pricing trends and be ready to act when the right home comes along.
Looking Ahead: While a recent federal rate cut brought the lowest mortgage rates of the year, it hasn’t yet sparked a rush of buyers. Economic uncertainty—particularly around inflation and employment—continues to shape buyer behavior as we head into Q4.
In today’s market, success hinges on strategy, timing, and clarity. The more you understand the nuances, the better positioned you are to make confident decisions.
Need Guidance? Whether you’re buying, selling, or exploring your options, I’m here to provide expert guidance and real-time insight tailored to your goals.
This update is based on information provided by the Denver Metro Association of Realtors® for the period of September 1, 2025, through September 30 2025, for the following counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson and Park.
