Year-Over-Year Insights
The Denver Metro housing market remained balanced in June, with only modest year-over-year changes across most key metrics. Closed listings held even with last year at 4,024 homes sold, while median home prices increased 1% year over year to $614,000, highlighting continued stability in home values.
Homes spent a median of 19 days on the market, unchanged from June 2025. This consistency reflects a market where buyers continue to move at a measured pace while sellers who price competitively are still finding success.
Seller activity softened slightly, with new listings decreasing 3% year over year to 5,754 properties. At the same time, pending listings rose 2% to 3,867, indicating that buyers continue to engage with the market despite fewer homes entering it.
Active inventory declined 9% from last year to 12,508 listings, representing approximately 13 weeks of inventory. While buyers continue to have a healthy selection of homes to choose from, the slight decrease in inventory suggests available listings are being absorbed at a steady pace. Gross sales volume also increased 1% year over year, reflecting the market’s continued stability.
Month-Over-Month Insights
As the market transitioned from the busy spring season into summer, June brought only modest changes from May, reinforcing the overall stability of the Denver Metro housing market. Closed listings dipped just 1% month over month, while the median home price remained unchanged at $614,000, indicating continued confidence in pricing across the region.
Homes took slightly longer to sell, with median Days in MLS increasing by three days to 19. While buyers are taking a bit more time to evaluate their options, the increase remains modest and reflects a healthy, balanced pace rather than a significant slowdown.
Seller activity eased as new listings declined 4% from May. Pending listings also decreased 3% month over month, a typical seasonal adjustment as the market moved into summer. Overall, buyer and seller activity continued to normalize following the peak spring selling season.
Denver Metro Rental Market
The rental market experienced slower activity in June, with leased properties declining 18% year over year to 301. Despite fewer leases, the median leased price increased 3% to $2,895, indicating rental prices remained firm even as transaction volume moderated.
Rental properties leased more quickly than a year ago, with the median Days in MLS decreasing by 2 days to 22. At the same time, the median leased price per square foot declined by 4%, while the median leased price per bedroom increased to $1,058, reflecting continued shifts in renter preferences and property mix across the market.
Overall, the June rental market points to a healthy balance between supply and demand. While leasing activity has slowed compared to last year, stable pricing and faster lease times suggest that well-positioned rental properties continue to perform well.
