The Pulse of Denver's Real Estate Market—Up To The Minute Reports From The Agents On The Ground
Denver Market Key Takeaways — May 2025
- Inventory is rising: Active listings are up year-over-year, giving buyers more options and sellers more competition.
- Price growth has cooled: Median home prices are flat or slightly down in many submarkets compared to early 2024.
- Longer days on market: Properties are sitting longer, especially those priced aggressively. Well-staged, competitively priced homes still move.
- Rates remain sticky: Mortgage rates are hovering near 7%, keeping many would-be buyers sidelined—and boosting rental demand.
- Investor appetite shifting: Many investors are eyeing midterm and long-term rental strategies over short-term plays due to regulatory risk.
- Rents holding steady: Rental demand remains strong in core neighborhoods, particularly for well-maintained 2–4 unit properties and single-family homes with updated finishes.
Reports From The Field
"Buyers are taking their time this spring. With inventory up nearly 60% year-over-year, they know they have options and aren't rushing into bidding wars."
"Homes under $600K are still moving, but anything above that is sitting longer. We're seeing a clear shift toward a buyer's market in the mid-tier segment."
"New construction costs are rising due to tariffs on materials, pushing more buyers toward existing homes. Resale properties are getting renewed attention."
"We're noticing an uptick in affluent renters entering the market. With higher vacancy rates and slightly lower rents, it's a favorable time for them to secure premium rentals."
"The market is stabilizing. While price growth has slowed to about 1.8% year-over-year, demand remains steady in desirable neighborhoods with good amenities."
These quotes are gathered from Denvers most active agents and investors. We publish them (with permission) to help buyers, sellers, and investors stay informed.
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