March 2025 Denver Real Estate Market
Spring is bringing fresh momentum to the Denver metro real estate market. While affordability concerns persist, sellers and buyers alike are stepping up their activity as we move deeper into the busy season. March continued the trends we saw earlier in the year, with gains in inventory and steady pricing.
Active Inventory
March saw a continued rise in active listings. Active listings were approximately 8% higher than February 2025 and more than 55% higher than March 2024, giving buyers more options.
Average Price
The average closed price in March was $698,053, showing a slight 0.83% dip from February’s $703,905 and a modest 0.32% decrease year-over-year. While prices edged down a bit, they remain relatively stable, reflecting ongoing buyer demand.
Days on Market
Homes sold in an average of 48 days, improving 14.29% from February’s 56 days but still 23.08% longer than March of last year. This indicates that while properties are moving faster month-to-month, buyers are taking more time than they did a year ago.
Percent of Closed Price to List Price
Sellers continued to achieve strong results, with homes closing at 99.29% of list price, up slightly from 99.02% in February, though just under the 99.76% seen last year. This shows that well-priced homes are still commanding near-asking offers.
Market Outlook
March data highlights a balanced market with rising inventory and steady pricing, offering opportunities for both buyers and sellers. As we move into peak spring selling season, well-priced, move-in ready homes are drawing the most attention. Having an expert guide can make all the difference in today’s competitive environment.
Looking to make your move this spring?
CJV Real Estate is ready to guide you through Denver’s dynamic market. Whether you’re buying, selling, or planning your next step, let’s work together to achieve your real estate goals. Reach out to our team today to get started.