Active home listings rise while prices hold steady

Denver Housing Market Report for August 2025

Despite a 22% surge in active listings in Denver’s housing market, closed sales remain steady at 2024 levels, with home prices holding relatively stable.

The Denver Metro Association of Realtors’ monthly report describes the market as calm and predictable.

“As we enter the fall months, there is little expectation for the market to change as we round out the year,” stated Amanda Snitker, chair of the market trends committee.

Snitker emphasized the importance of understanding the trends and how they impact real buyer and seller decisions.

Key Stats for August

August saw 13,059 active listings, a 22% increase from the previous year. The average number of active listings for August over the past decades is 15,321. The record high was in 2006 with 31,664 homes available, and the record low was in 2021 with 3,582 homes.

Despite a 6% decrease in closed sales compared to July, the median days on market increased by 25% from the previous month and 43% from August 2024.

Sales volume for August totaled $2.6 billion, down 3% from July. The median close price for all homes rose by 1% from the previous month.

Factors Influencing Home Sales

Snitker noted a significant divide between homes that sell quickly and those that linger on the market. In August, only 1% of closed properties had price reductions, while 58% of active listings had been reduced. Homes priced appropriately are selling with minimal reductions.

High-end properties priced over $1 million continue to sell despite the increase in days on market. Average property sale prices in the luxury category remain higher than last year, indicating a strong market for high-end properties.

Overall, the Denver metro area is experiencing an increase in $1 million buyers, who are taking longer to decide and negotiating harder.

This article was prepared independently and without the influence of JS’s news and editorial staff.