April 2025: Denver Real Estate Market Update
Posted by Neil Walton on
In March, the number of active listings surged across Greater Metro Denver, rising 54% year over year (YoY) for single-family homes and 73% YoY for condo/townhomes. New listings also increased, rising 29% YoY. This boost pushed the months’ supply of inventory to 2.7, a 50% increase from last year. The last time March had over 9,000+ active listings was in 2012, when inventory reached 13,300. These trends indicate a shift toward a more buyer-friendly market. Buyer demand also grew, with 4,648 pending sales in March—up from 4,062 at the same time last year, reflecting increases both YoY and month over month (MoM). The average and median closed prices for condo/townhomes dropped 10% and 7% YoY, while single-family home prices remained relatively stable both…
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