Year-Over-Year Insights
The Denver Metro housing market showed signs of moderation this December, with seasonal slowing and steadier pricing, creating a more measured environment for both buyers and sellers. Closed listings fell by 2% to 3,100, indicating a mild slowdown compared to last year. Home prices stayed consistent as the median closed price decreased by just 1% to $574,000. Single-family homes showed price stability with a median closed price of $625,000, down less than 2% year over year. Attached homes accounted for a larger shift, with the median price dipping 3% to $400,000.
Homes took longer to sell overall, with median Days in MLS increasing to 47—six days more than in December 2024. Attached properties spent the most time on the market at 49 days, compared to 46 days for single-family homes. This increase in time on market suggests buyers may have greater flexibility to compare listings and negotiate in slower-moving segments.
New listings declined 4% year over year to 1,774, while active inventory continued to build—up 9% to 7,514 homes. The increase in available listings points to a market with greater buyer choice and continued importance of thoughtful pricing.
Month-Over-Month Insights
Month over month, the Denver Metro housing market reflected typical seasonal shifts, with Closed listings increasing 12% compared to November. Home prices remained relatively stable, with the median closed price declining 2% month over month.
Homes spent a median of 47 days in the MLS, up nine days from November, signaling modestly extended selling timelines toward year-end. New and Pending listings saw the expected seasonal drop: New listings were down 32% month over month and Pending listings dropped 21% to 2,198.
Together, these trends suggest a balanced market heading into the new year, with steady pricing, moderate buyer activity, and typical seasonal adjustments in inventory and market pace.
Denver Metro Rental Market
The Denver Metro rental market reflected steady demand this December, with leased properties increasing 5% year over year. The median leased price of $2,693 remained essentially unchanged compared to last year, although both price-per-bedroom and price-per-square-foot declined, suggesting that renters are seeing more value or negotiating on unit features. Homes spent longer on the market, with a median of 44 days—up 5 days from last year—indicating modestly slower turnover in the rental segment. Overall, the data points to a rental market that is active yet balanced, with stable pricing and slightly extended timelines for leased properties.
