Denver and Surrounding area Market report

Below are key market highlights from May 2025 for the Greater Metro Denver area (Adams, Arapahoe, Broomfield, Denver, Douglas, Elbert and Jefferson​).

 

Buyers continued to have options as active inventory for both attached and detached properties remained elevated with 12,878 active listings, a 40.62% increase from May 2024. New listings increased to 6,919, a 5.17% increase year-over-year and a 3.55% increase month-over-month. There were 4,135 sold properties (attached and detached), a decrease 3.90% compared to the previous year. The average sales price for detached single-family homes increased by 1.66% YoY to $804,452, with attached single-family home prices decreasing more significantly YoY by 5.85% to $433,170.

 

Days on market saw an increase to 36.5 days, a 35.19% increase from the previous year, though there was a decrease of 6.41% from April. The months’ supply of inventory (MSI) also increased to 3.78 months.

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Average Sales Price

The average sales price for detached single family (DSF) homes increased 0.99% MoM and increased 1.66% YoY to $804,452. Attached single family (ASF) homes saw this data point at $433,170. This was a 5.85% decrease when compared to last year.
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New Listings

In May, there were 6,919 new listings (both DSF and ASF). This was an increase of 3.55% when compared to April and a 5.17% increase when compared to last year. There were 5,095 detached new listings, an increase of 3.26% MoM and a 5.38% increase when compared to last year.
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Active Listings

Active detached listings increased 14.86% when compared to last month to 8,497 homes. When compared to last year, this was a 36.32% increase. Active attached listings increased 8.84% when compared to last month to 4,381 units. This was a 49.78% increase when compared to last year at this time.
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Pending Sales

There were 4,290 pending sales for both DSF and ASF in the metro area, a 5.74% increase from last month and a 8.14% increase when compared to last year.
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Closed Listings

There were 4,135 sold listings (both ASF and DSF) – a decrease of 3.90% when compared to last year and an increase of 3.50% when compared to the prior month.
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