June 2025 Denver Residential Market Update
As your trusted Denver real estate partner, I believe knowledge is the foundation of a successful move. June brought important changes to our local market, and I want to make sure you have the details you need to make confident decisions, whether you’re buying, selling, or simply planning ahead.
Here’s my take on what’s happening right now in the Denver Metro area.
Home Prices Show Stability with Some Divergence
The median closed price for all residential properties across the Denver Metro area reached $610,200 in June. That’s a 1.7% increase from the previous month, which shows pricing resilience even in a market with shifting inventory.
For detached single-family homes, the average sales price was $809,042, a 2.20% increase from last year. These properties continue to hold strong value, with steady buyer demand.
However, attached properties like townhomes and condos saw average pricing drop to $440,121, a 6.02% decrease year over year. This highlights how buyers are leaning toward detached homes when they can, especially in a higher-interest-rate environment.
Inventory Offers Buyers More Options
Inventory is up across the Denver Metro area, giving buyers more choice than they’ve had in years.
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Active Listings (DMAR): 14,007, up 3% month over month.
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Greater Metro Denver counties: 13,183 active listings, a significant 31.03% increase over last year.
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Months of Inventory: 3.63, up 7.72% month over month.
For buyers, this means less competition, more negotiating power, and the ability to be selective. For sellers, it’s essential to price carefully and present homes beautifully to stand out in a growing field.
New Listings and Sales Activity
We did see new listings decline this month:
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DMAR reports 5,929 new listings, down 18.43% from May.
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Land Title shows 5,566 new listings, down 18.96% month over month but still 2.15% higher than last year.
Sales also softened a bit from May’s pace, which is typical for early summer:
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3,864 closed homes (DMAR), down 9.59% month over month.
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Land Title data shows 3,942 closed sales, actually 4.12% higher than June 2024.
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Sales Volume: $2.87 billion, down 6.52% from May.
These numbers tell me that while the frenzy of last year has cooled, buyers and sellers are still very active and deals are closing at a healthy pace compared to a year ago.
Days on Market Are Increasing
One of the most telling metrics is how long homes are taking to sell.
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Median Days in MLS: 18 days, up 38.46% month over month.
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Average Days on Market (Land Title): 41 days, up 38.98% from last year and 12.33% from May.
For sellers, this means patience and preparation are key. Pricing strategy, staging, and marketing truly matter in today’s market. For buyers, longer days on market can mean more negotiating leverage and time to make the right choice.
Pending Sales Reflect Active Interest
Pending contracts dipped slightly this month but remain stronger than last year.
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DMAR shows 4,068 pending sales, down 1.62% month over month.
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Land Title reports 3,976 pending sales, down 2.93% from May but 4.49% higher year over year.
Buyers are still out there, making offers and moving ahead, just with a little more deliberation.
My Take on the June 2025 Market
I see Denver’s market finding a healthier balance. Prices are stable overall. Inventory is providing choices for buyers who have felt squeezed in recent years. Sellers can still achieve strong results, but it takes strategy, experience, and finesse.
This is where I love to help. My approach is all about understanding your goals, helping you interpret the market in real time, and crafting a plan that puts you in the best position to succeed.
Let’s Connect
If you’re thinking about buying or selling in the Denver Metro area, I would love to help you navigate this evolving market. Let’s talk about your next move.
Visit rachelsartinre.com or call me at 720-434-4319.
