January 2025 Denver Real Estate Market
As the Denver metro area entered 2025, the Denver Real Estate Market showed continued resilience. Sellers brought more inventory to the market and buyers stayed engaged. Despite seasonal trends, January reflected steady home prices, an increase of new listings, and a competitive environment.
Active Listings
The new year kicked off with increased seller activity. Active listings in January 2025 totaled 7,469, a 54% increase over last January.
Average Days on Market
Homes spent more time on the market, with the average days on the MLS rising 24% to 61 from 49 in January 2024. Buyers are taking more time to finalize their decisions.
Average Closed Price
Home prices remained stable, with the average closed price increasing 5% year-over-year,, as it has consistently the last few months of 2024, to $687,539.
Percent of Closed Price to List Price
The market continued to see strong buyer interest with properties closing for 98.5% of list price, on average, in January 2025. This was not changed from last year.
Looking Ahead
With an influx of new listings and steady buyer interest, 2025 is shaping up to be an active year for the Denver metro housing market. As inventory expands, buyers will have more choices, and sellers may need to adjust expectations to remain competitive. If you need help navigating the market or reaching your real estate goals in 2025, reach out to your CJV real estate expert today.