May 2025 Real Estate Update | Denver & South Metro Market Trends
Explore Key Market Trends and Expert Insight
The May 2025 real estate market across Colorado revealed important trends for both buyers and sellers. With inventory up, prices holding steady, and buyer activity still strong, the Denver Metro and South Metro regions are entering a more balanced phase this spring.
Year-Over-Year Market Insights for Denver
Compared to May 2024, the market saw the following shifts:
- New Listings: 7,017 (⬆️ 4% YoY)
- Closed Sales: 4,096 (⬇️ 5% YoY)
- Median Closed Price: $600,000 (⬌ No Change YoY)
- Pending Contracts: 4,398 (⬆️ 12% YoY)
- Median Days in MLS: 14 days (⬆️ 5 days YoY)
- Weeks of Inventory: 14 weeks (⬆️ from 9 weeks YoY)
Month-Over-Month Housing Activity
Compared to April 2025, the market remained steady:
- New Listings: Decreased 2%, from 7,186 to 7,017.
- Pending Contracts: Rose 8%, signaling increased buyer demand.
- Closed Sales: Increased slightly by 2% month-over-month.
- Median Closed Price: Held steady at $600,000.
- Median Days in MLS: Unchanged at 14 days, consistent with April.
South Metro Area Real Estate Overview
According to SMDRA, the South Metro housing market followed similar patterns:
- New Listings: 6,515 (⬆️ 3.1% YoY)
- Pending Sales: 4,139 (⬆️ 11% YoY)
- Closed Sales: 3,901 (⬇️ 5.2% YoY)
- Median Price: $595,000 (⬌ No Change YoY)
- Median Days in MLS: 14 (⬆️ from 9 days YoY)
- Weeks of Inventory: 13.5 weeks (⬆️ from 8.7 weeks YoY)
What May 2025 Means for Buyers and Sellers
- For Buyers: The May 2025 real estate market presents more choices and time to decide, with inventory up and prices stable.
- For Sellers: Homes are still moving, but pricing right is critical in a market with more competition and longer days on market.
Contact Your Trusted Real Estate Advisor
Phillip Booghier
Global Real Estate Advisor, LIV Sotheby’s International Realty
Phone: 303-961-6956
Email: [email protected]
www.phillipbooghier.com