As summer approaches, the Denver housing market continues to demonstrate resilience despite ongoing affordability challenges and elevated mortgage rates. Buyer activity remains steady, home values are trending upward, and sellers are still receiving near-full asking price. While the market isn’t moving at the rapid pace seen during the pandemic years, May’s numbers point to a healthy and competitive environment heading into the busiest months of the year.
Active Listings
Active listings totaled 12,259 in May, down from 13,599 in May 2025 (-9.9%).
This marks a notable reduction in available inventory compared to last year and suggests that demand is absorbing new listings more effectively than it was twelve months ago. While buyers still have more options than they did a few years ago, the supply of homes for sale has tightened.
Average Days on Market
Homes spent an average of 38 days on the market, compared to 33 days last May (+15%).
Although properties are taking slightly longer to sell, a little over one month on the market still reflects healthy buyer demand. Today’s buyers are taking more time to evaluate options, conduct inspections, and negotiate terms before making a commitment.
Average Closed Price
The average closed price rose to $744,388, up from $720,626 in May 2025 (+3%).
This increase demonstrates continued strength in home values across the metro area and highlights the ongoing demand for well-located, move-in-ready homes.
Percentage of Closed Price to List Price
Sellers received 99.3% of their asking price on average, unchanged from May 2025.
This consistency shows that properly priced homes continue to attract strong interest and that buyers remain willing to pay close to list price for desirable properties.
What This Means
May’s data paints the picture of a market that remains competitive but balanced. Inventory is lower than it was a year ago, helping support home values, while slightly longer marketing times indicate that buyers still have opportunities to conduct due diligence and make thoughtful decisions.
For sellers, demand remains strong and pricing power is intact, particularly for homes that show well and are strategically priced. For buyers, while competition exists, the market continues to offer more flexibility and options than the fast-paced conditions of previous years.
As we head into the heart of the summer selling season, both buyers and sellers can find opportunities in a market that is proving to be remarkably stable.
Whether you’re considering buying, selling, or simply planning ahead, understanding today’s market trends is the first step toward making informed real estate decisions. Let’s connect to discuss how these numbers may impact your goals.