Denver Housing Market Update – August 2025

The Denver Metro housing market has been anything but predictable over the past few years, and August 2025 was no exception. While interest rates have kept many buyers cautious, inventory growth and pricing trends are creating new opportunities for both buyers and sellers. Let’s take a closer look at what the latest Denver Metro Association of Realtors® (DMAR) Market Trends Report reveals about today’s market — and what it means for you if you’re planning to buy or sell this fall.

Key August 2025 Market Stats

According to the DMAR report, the Denver housing market held steady in August with slight increases in activity:

Median close price: $593,250, up 0.81% month-over-month
Closed sales: 3,636, up 5.83% from July
Sales volume: $2.60 billion, up 3.09%
Active listings: 13,059, down 6.69% month-over-month but still up significantly year-over-year
New listings: 4,686, a 12.48% increase from July
Median days in MLS: 30, a jump of 25% compared to last month

This mix of rising prices, more listings, and longer days on market suggests that buyers have more breathing room, but sellers can still achieve strong prices if their homes are well-prepared and priced strategically.

What Buyers Should Know

If you’re a buyer, August’s data brings some encouraging news. More listings hitting the market means greater choice and less pressure to rush into a decision. With inventory at 3.59 months, the market is moving toward balance, giving buyers a chance to negotiate.

However, affordability challenges remain. Median home prices are still hovering near record highs, and interest rates continue to keep monthly payments elevated. That said, motivated sellers who have been sitting on the market longer are often more open to concessions, which can help offset costs for buyers.

Tip for buyers: If you’re searching this fall, consider homes that have been listed for 30+ days. With median days in MLS rising, you may find opportunities for price reductions or seller credits to cover closing costs or rate buydowns.

What Sellers Should Know

For sellers, the takeaway is clear: your home will sell, but patience and presentation matter more than ever. While prices remain strong, with a median close price above $593K, homes are staying on the market longer. The days of multiple offers within 48 hours are less common unless a home is perfectly staged and competitively priced.

Still, sellers have plenty of reasons to feel confident. Demand hasn’t disappeared — nearly 3,921 pending sales in August prove that buyers are still active. The key is to position your home strategically:

Price in line with recent comparable sales.
Make small but impactful updates (fresh paint, landscaping, deep cleaning).
Work with an agent who knows how to market effectively across online platforms.

Broader Market Insights

Realtors across Denver note that standing inventory is putting downward pressure on prices while also giving buyers more negotiating power. At the same time, the rental market remains mixed — multi-family rents climbed while single-family rents dipped year-over-year.

Nationally, many buyers are watching interest rates closely, waiting for signs of relief. Locally, however, the market has shown resilience. Even with slightly higher inventory, August sales volume rose and demand held steady.

What This Means Going Into Fall

As we move into the last quarter of 2025, buyers and sellers should both be prepared for a more balanced market. Buyers have more leverage than in past years, but competition for move-in-ready homes remains strong. Sellers can still achieve top dollar, but it may take longer and require smart pricing strategies.

For both sides, working with an experienced Denver-area real estate professional can make all the difference. Whether it’s negotiating concessions as a buyer or marketing your home for maximum exposure as a seller, having a strategy tailored to today’s conditions is key.

Final Thoughts

The August 2025 Denver housing market shows signs of a maturing, stabilizing environment. Prices are holding firm, inventory is providing more balance, and opportunities exist on both sides of the table. If you’re thinking about buying or selling in the Denver area this fall, now is the time to connect with a trusted advisor who can guide you through these shifting dynamics.

Reference: DMAR Market Trends Report August 2025