Denver Metro Real Estate Market Report – February 2025
Discover Key Insights and Trends
The Denver Metro Real Estate Market Report for February 2025 reflects a **shifting market**, with increasing inventory and steady buyer demand creating a **more balanced landscape**.
With **4,941 new listings** and a **median home price of $599,000**, buyers and sellers are adjusting to evolving conditions. Let’s dive into the latest data and trends shaping Colorado’s housing market.
Year-Over-Year Market Insights
The February 2025 market showed **notable shifts** compared to February 2024:
- New Listings: 4,941 (⬆️ 16% YoY)
- Closed Sales: 2,694 (⬇️ 10% YoY)
- Median Closed Price: $599,000 (⬆️ 4% YoY)
- Pending Contracts: 3,529 (⬆️ 10% YoY)
- Median Days in MLS: 33 days (⬆️ 8 days YoY)
- Weeks of Inventory: 13 weeks (⬆️ from 8 weeks YoY)
Month-Over-Month Market Trends
Compared to January 2025, **the market saw increased activity**:
- New Listings: Increased 14%, providing buyers with more options.
- Pending Contracts: Up 23%, signaling renewed buyer confidence.
- Closed Sales: Increased 18% month-over-month.
- Median Closed Price: Increased 4% from January.
- Median Days in MLS: Decreased by 14 days, with homes selling faster.
February 2025 Inventory Levels
Expanding inventory provided more opportunities for buyers:
- Active Listings: 8,277 homes, a 20% increase from February 2024.
- Property Types: 67% detached single-family homes, 33% townhomes and condos.
- Regional Availability: Denver and Arapahoe counties lead with 43% of active listings.
Regional Highlights
Market conditions varied across different areas of Denver Metro:
- Douglas County: Median home price: $599,000, reflecting stable appreciation.
- Arapahoe County: New listings increased by 16%, providing more buyer choices.
- Jefferson County: Homes averaged 33 days on market, showing longer buyer decision-making times.
What This Means for Buyers and Sellers
- For Buyers: More inventory means better options, but competition remains steady.
- For Sellers: Price appreciation continues, but homes are spending longer on the market.
Contact Your Trusted Real Estate Advisor
Phillip Booghier
LIV Sotheby’s International Realty
Phone: 303-961-6956
Email: [email protected]