Denver metro housing market update: April 2025 trends

The Denver Metro Housing Market in April 2025

The Denver Metro housing market experienced a mix of ups and downs in April, with new listings and inventory levels on the rise, challenging the typical spring buying season.

Susan Thayer from the Thayer Group and the DMAR Market Trends Committee noted, “April in Colorado can bring all four seasons in a day, and the real estate market in April 2025 was just as unpredictable! Some homes sold quickly with multiple offers, while others lingered on the market for over 30 days without any showings.”

New listings saw an 11% increase from the previous month and an 18% rise from the previous year. Active listings also surged, up by 23% from the previous month and a significant 71% from the previous year.

Despite the increase in options for buyers, pending sales dropped by 2%.

Stable Prices and Seller Concessions

The median sale price for detached homes remained steady, increasing by about 1% to $665,000. Attached homes also saw a slight increase of 0.55% to $389,000.

Overall sales volume for the year is slightly lower than the previous year, with a decrease of around 0.5%.

Sellers are increasingly offering concessions to close deals, with Denver ranking fifth in the U.S. for the highest percentage of seller concessions in the first quarter of 2025.

Increasing Inventory and Market Dynamics

Active listings in April reached 11,964, a 23% jump from the previous month and a substantial 71% increase from April 2023.

While the market saw more listings available, homes spent slightly longer on the market, with the median days in the MLS at 13 days.

Heather O’Leary from eXp emphasized that Denver’s market is now driven by the unique circumstances of each buyer and seller, with a focus on location, condition, and HOA obligations.

This content was not influenced by JS editorial staff.