Colorado real estate trends: November 2025 market analysis

Colorado’s real estate market saw a slowdown in November, with homes spending more time on the market and selling for about 6% below the listing price, according to the latest report from the Colorado Association of Realtors.

The average time homes spent on the market increased by 12% to 68 days, with a total of 30,803 listings in the state, representing a 4.3-month supply. The median sale price remained steady at $550,000 compared to the previous year.

Patrick Muldoon, a realtor in Colorado Springs, noted that the market felt more seasonal in November, with buyers seemingly preparing for the holiday season.

Market Overview

Aurora: Aurora’s real estate market is slow, with sellers delaying listings until the spring. Single-family inventory stands at 986, with a 6% increase in November sales. Median prices dropped to $519,000, with most zip codes seeing a decrease of around $50,000 and average seller concessions at $8,000.

Boulder and Broomfield counties: Both counties saw a 9% rise in new listings. Home prices remained stable or slightly increased, with Broomfield homes selling in 42 days compared to Boulder’s 62 days.

Colorado Springs: Sales in Colorado Springs declined by 8%, while listings increased by approximately 9%. Despite a 2% rise in median prices, demand for condos and townhomes weakened due to high HOA costs.

Denver metro: The Denver metro area experienced a typical seasonal slowdown in the housing market. New listings, sales, and prices for both single-family and attached homes decreased, along with a decline in inventory. Year-to-date prices remained consistent.

Evergreen/Foothills: The foothills market slowed down in November but remained more active than usual for late fall. Pricing remained steady, with some areas showing gains in pricing while days on the market increased, indicating slower decision-making processes.

Fort Collins: Fort Collins saw a decrease of over 3% in sales year-over-year and a 15% drop in new listings.

Steamboat Springs/Routt County: Steamboat Springs in Routt County saw improved single-family sales and notable luxury transactions in November.

Summit and Park counties: Summit County experienced a 25% decrease in average single-family prices for November, while Park County saw rising prices and increased closings, signaling a buyer’s market with steady overall activity.

Future Outlook

Looking ahead to 2026, the real estate market is expected to stabilize with a focus on recalibration rather than significant changes, according to Cooper Thayer, a broker associate with the Thayer Group in Castle Rock.

Thayer mentioned, “As we approach 2026, expectations for drastic market swings are shifting towards a more stable market environment.”

“Buyers in the Denver-metro area have more time and options, sellers are adjusting pricing strategies, and transactions are increasingly including concessions, especially in the attached segment,” he added.

This post was prepared without the involvement of JS’s news and editorial teams.