In December, the Greater Metro Denver housing market reflected typical seasonal trends, with month-over-month declines in demand, new listings, and overall inventory. However, inventory remained higher than usual throughout much of 2024. As a result, active listings in December were 23% higher than the same time last year, and the months’ supply of inventory increased by 19% compared to December 2023. Homes stayed on the market longer, averaging 55 days, while the number of showings required to go under contract rose to 17.9—an 8% increase both month-over-month and year-over-year.

Supply - Active Listings

In December, active supply was down 28% month over month but remained elevated when compared to December 2023, which saw 5,287 active…

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