Denver Metro Residential Market Update June 2025
The Denver Metro residential market continues to evolve this summer, showing both resilience and subtle shifts that are important for buyers and sellers to understand. June 2025 delivered a mix of steady pricing, increased inventory, and a slower sales pace, all of which point to a market seeking balance after years of volatility.
At Corken + Company, we’re watching these changes carefully to help our clients navigate the market with confidence and insight. Let’s break down the latest numbers and what they mean for the Greater Metro Denver area.
Steady Pricing Amid Softer Activity
The median close price for residential properties (detached and attached) across the Denver Metro area reached $610,200, a 1.70% increase month over month. For detached single-family homes specifically, the average sales price rose to $809,042, representing a 2.20% year-over-year increase.
Attached single-family properties, however, saw more price pressure, with an average sales price of $440,121, down 6.02% from last year. This divergence suggests ongoing affordability dynamics, with attached homes offering a more accessible entry point for buyers while detached homes maintain premium pricing.
Active Inventory Grows but New Listings Slow
June 2025 marked a notable rise in available properties for sale. The Denver Metro area recorded 14,007 active listings, up 3.00% month over month and substantially higher compared to last year’s levels.
Zooming in on the Greater Metro Denver counties (Adams, Arapahoe, Broomfield, Denver, Douglas, Elbert, and Jefferson), active listings totaled 13,183, which is 31.03% higher than June 2024.
Despite this broader inventory growth, new listings actually fell month over month. In June, there were 5,929 new listings, an 18.43% decline from May, although they were still 2.15% higher year over year.
This pattern suggests that while sellers are keeping the market supplied, many may be hesitating to list immediately, creating more choice for buyers without the flood of new competition.
Closed and Pending Sales Reflect Seasonal Softening
Sales activity eased slightly in June. There were 3,864 closed homes in the Denver Metro area, down 9.59% month over month, while sales volume came in at $2.87 billion, down 6.52%.
In the Greater Metro Denver area, 3,942 homes sold, which was 4.12% higher than June 2024 but 4.94% lower than in May. Pending sales followed a similar trend, with 4,068 contracts pending in June, a 1.62% decrease from May but 4.49% higher than a year ago.
These shifts reflect the typical early-summer transition where competition eases slightly even as interest remains strong.
Days on Market Extend as Buyers Take Their Time
One of the most noticeable changes is how long homes are staying on the market. Across the Denver Metro area, the median days in MLS rose to 18 days, a 38.46% increase month over month.
For the Greater Metro Denver region, the average days on market reached 41 days, up 38.98% from last year and 12.33% higher than in May.
This extension signals that buyers are moving more deliberately, weighing options in a market with more inventory. For sellers, strategic pricing and presentation remain crucial to stand out and capture attention.
A Market Finding Balance
Overall, the June 2025 data shows a Denver residential market finding a more balanced footing. Prices remain generally stable, inventory is expanding, and sales continue at a healthier pace than last year even if things have slowed a bit from May.
This environment offers opportunity for both buyers and sellers. Buyers benefit from greater choice and negotiating room, while sellers can still achieve strong pricing with thoughtful preparation.
At Corken + Company, we’re here to guide you through every market condition. Whether you’re buying, selling, investing, or just exploring your options, you can count on our expertise and white-glove service to help you make the right move.
Ready to discuss your plans? Visit www.corken.co or call us at 303-858-8003.
