The Denver housing market continues to move toward a more balanced environment compared to the fast-paced markets of recent years. Inventory is slowly rising, homes are taking slightly longer to sell, and prices are adjusting modestly.
Here’s a quick look at the key numbers compared to February 2025:
Active Listings: 8,988 homes
- Up 5% from 8,544 last year
- Buyers have slightly more choices than a year ago.
Average Days on Market: 59 days
- Up 7% from 55 days
- Homes are taking a bit longer to sell, giving buyers more time to make decisions.
Average Closed Price: $682,215
- Down 3.4% from $706,169
- Prices are adjusting slightly after several years of rapid growth.
Closed Price to List Price: 98.7%
- Down slightly from 99% last year
- Sellers are still receiving very close to their asking prices.
What This Means
- Buyers: More options and a little more negotiating room than last year.
- Sellers: Homes are still selling, but pricing and presentation matter more in today’s market.
Overall, the market is stabilizing rather than slowing, which is a healthier environment for both buyers and sellers.
Thinking about buying or selling this year?
Reach out if you’d like a quick look at your home’s value or a strategy for navigating the current Denver market.