📈 Denver Housing in June 2025: More Choices, Calmer Waters, and Strategic Wins

The Denver housing market finally has a chance at catching its breath!

June is ushering in a more balanced, as well as a more calculated phase, for both buyers and also sellers. The first half of 2025 was defined by rapid inventory growth. The surge of active inventory we have experienced since early 2024 is now finally losing momentum. Attached homes modestly increased up by 3.4% in May, while new listings for detached homes rose by just 2.0%. These numbers seem small, yet they signify a slowdown from April's sharp jumps. More predictability within our local market could be signaled since monthly and weekly data are finally aligning now.

Home inventory stock levels are much greater than last year. Due to this, buyers have access  more choices than they have for a long time. That’s huge! For the first time in years, those shopping for homes browse now instead of scrambling for anything available. They’re negotiating. And most importantly, they are walking into the contracts with more power than they have had in over a decade, but that market is not necessarily cold. Not even close.

As a matter of fact, buyer activity has increased from this same time last year. Attached property traffic increased 4% while detached single-family homes increased more than 10%. In comparison to what occurred in May 2024, pending transactions for detached homes were up 4.8%, quite prominent- given higher interest rates. In other words, the market is now in the process of changing. Buyers are regaining power. While they are exercising caution, they are also taking action.

Speed still matters and it is true for listings that are well-prepared. Ten days on market was the median days until contract for detached homes in May, and nearly 43% of homes went under contract in seven days or less. Properties that are updated, clean, staged, move-in ready, and priced right are selling fast. Buyers have more room to breath, but they’re not dragging their feet when the market has something special.

In May, more than 62% of the closings in both detached homes and attached homes included some form of seller concession. However, subtlety is important here. Buyers aren’t asking for deferred maintenance credits or repairs. Those concessions often are used for buying down interest rates temporarily or permanently. Concessions are working to ease buyers' tensions, and these are helping move the market.

Things are happening here. Prices are not dropping off of a cliff. Home values within Denver have, in fact, remained relatively flat when they are compared to last month and the same time last year. The market is doing just what it’s supposed to do. It's absorbing available inventory as it comes on the market. Yes, buyers are taking longer but are serious. Because homes are taking longer to sell especially if they are not turnkey, sellers are being forced into competing in some new way. For now, presentation, pricing, and realistic expectations are everything.

The market is beginning to stabilize as it faced difficulty during the past year. The drop is marginal and it does not suggest any dramatic weakening, while pending sales have slipped just slightly month-over-month. Since buyers still select updated homes, median prices within the attached segment hold stronger than average. Attached homes also have showings higher than one year ago, reinforcing buyer interest that hasn’t evaporated but is more selective.

Clearly, across the board, the theme is that the Denver market isn’t crashing, but it is maturing. Maturity arrives as timelines grow longer, negotiators show greater skill, and items proceed toward a balance not seen for years. If you happen to be a seller, now is the time for you to pull hard on the “condition” lever because you just can’t change your location, and pricing that is too high in this market will truly hurt you. However, very smart updates along with appropriate pricing will surely help you to stay competitive. You will be ahead of the curve in the event that you make those changes. If you are buying, know now that you finally can choose and also that those who prepare their homes as suggested by their agent will still move. 

As of May 2025, the percentage of homes closing with concessions remains high across every price point. This is especially true within the $400K to $800K range. Negotiation is thus anticipated instead of just conceivable. 

So where does this leave us now? We are moving ahead into the summer season. For everyone, it's more enjoyable to navigate through a market that’s more level-headed and more negotiable. However, don't equate balance to ease. For success in this market, strategy, data, and also real understanding are what is required. 

The market in Denver is still quite alive. It’s just evolved. If you plan on purchasing your first house, improving your current one, or thinking about selling, now more than ever, you should rely on a real estate expert who knows how to succeed in a market such as this. What matters now is moving wisely through the market since timing it doesn’t anymore. If you or anyone you know is looking for an expert, I am always here to help!