Denver Real Estate Market Update

Denver Metro Real Estate Market Update – October 2025

The Denver Metro housing market is showing its steady stride this fall, with buyers and sellers both finding opportunities in a more balanced environment. Here’s a closer look at what’s happening across the metro area.

Inventory & Activity

With 13,600+ homes listed and nearly 4,000 under contract, the market is active without being overheated. The pending ratio sits at 29%, meaning roughly 3 out of every 10 homes on the market are going under contract. Buyer demand remains steady, signaling a healthy pace for fall.

Pricing & Negotiation

Prices continue to reflect stability:

• Median Active List Price: $610,000

• Median Pending Price: $619,000

• Median Sold Price: $609,990

On average, homes are selling for 98.8% of their list price. While sellers are still achieving close to asking, buyers are seeing slightly more room for negotiation compared to the red-hot markets of the past.

Days on Market & Speed

• Active Listings Median DOM: 60 days

• Sold Homes Median DOM: 24 days

This split shows that well-priced, move-in-ready homes are moving quickly, while others linger if priced above what buyers are willing to pay.

Market Balance

With 3.4 months of supply, Denver is trending toward balance. Gone are the days of extreme shortages, yet demand is strong enough to keep the market from tilting too far in buyers’ favor.

Segment Insights

• Entry-Level ($0–500K): Median sold price of $399,900, pending ratio 26%. Still competitive for budget-friendly homes.

• Mid-Range ($500K–$1M): The most active segment, with a 33% pending ratio and a median sold price of $660,000.

• Luxury ($1M+): Softer demand, pending ratio at 26%, longer days on market, and homes closing at about 95.5% of list price.

What Buyers Should Know

• More inventory = more choices.

• Negotiating power has improved.

• But: desirable homes in popular areas are still selling fast—be ready to act decisively.

What Sellers Should Know

• Pricing is everything. Homes priced right are selling within a month.

• Overpricing leads to longer market times and more negotiation.

• Buyers are active, but they’re also selective.

Curious how these trends impact your neighborhood or price point?
Let’s connect for a personalized market analysis and strategy tailored to your real estate goals.