Denver Housing Market Update – October 2025
The Denver real estate market continues to evolve, showing that 2025 is rewriting the rules of what a “normal” market looks like. As the latest Denver Metro Association of Realtors® Market Trends Report reveals, this fall brought renewed buyer activity and a market that’s stabilizing—not slowing.
Key October 2025 Market Stats
According to DMAR’s October 2025 report:
- Median close price: $595,000 (↑ 1.45% month-over-month)
- Closed sales: 3,354 homes (↑ 6.96%)
- Sales volume: $2.46 billion (↑ 1.23%)
- Active listings: 12,495 (↓ 4.43%)
- New listings: 4,483 (↓ 9.67%)
- Median days in MLS: 33 days (↑ 5.71%)
Despite a modest price increase, buyers are showing renewed confidence, while sellers are learning that pricing smartly and preparing homes properly are key to standing out in a more balanced environment.
The Market’s “New Normal”
DMAR’s Chair of the Market Trends Committee, Amanda Snitker, describes today’s market as a “recalibrated ecosystem.” Instead of the frenzied bidding wars of 2021 or the cooldown of 2023, Denver’s housing market is finding equilibrium.
Prices have stabilized, sellers are adjusting expectations, and buyers remain motivated when the math makes sense. In October, inventory rose 14.21% year-over-year, showing that homes are staying on the market longer, but opportunities for both sides are growing.
Snitker emphasizes that this isn’t a collapsing or exploding market—it’s a reset. Buyers and sellers who stay grounded in data rather than emotion are finding success.
What Buyers Should Know
If you’re a buyer, October offered an encouraging shift:
- Less competition at the offer table.
- More negotiation power and flexibility in inspections.
- Homes selling within 98% of list price, creating opportunities for value-driven offers.
Buyers who’ve been waiting on the sidelines are reentering the market. While rates remain elevated, inventory levels and stabilized pricing mean it’s now possible to shop strategically rather than reactively.
Pro Tip: Use the slower fall and winter months to your advantage—motivated sellers and fewer competing buyers can create ideal negotiation conditions.
What Sellers Should Know
For sellers, the message is clear: homes that show well and are priced right are still selling quickly.
DMAR’s Realtor Insights note that sellers who fail to prepare their homes or cling to “pandemic-era” pricing are seeing fewer showings and slower offers. Those who price competitively and invest in small upgrades—like fresh paint or updated fixtures—are reaping faster results.
However, there’s more competition than meets the eye. Sellers aren’t just competing with neighbors; they’re up against new construction (up 20% this year) and apartment incentives offering free rent and perks like ski passes.
Local and National Factors Shaping Denver’s Market
Locally, Denver’s decision to eliminate parking minimums could boost housing construction by 12.5%, adding hundreds of new homes annually—an important move for affordability.
Nationally, the U.S. housing landscape is trending toward long-term stability. Moody’s Analytics projects home prices to rise 0.5–2.8% annually through 2035, signaling sustained, steady growth rather than sharp swings.
Meanwhile, AI and real estate are converging: ChatGPT’s integration with Zillow marks the next step in how buyers search for homes, meaning property descriptions optimized for AI could soon be a competitive edge for sellers.
Rental Market Snapshot
The Denver rental market remains mixed.
- Single-family median rent: $2,700 (flat year-over-year)
- Multi-family median rent: $1,558 (up 2%)
- Days on market fell for single-family homes and rose slightly for multi-family units.
While rental rates have dipped about 5% over the past year, concessions like free rent are becoming more common—an indicator that renters have regained leverage in some segments.
What This Means for You
As 2025 heads into its final months, the Denver housing market stands at a healthy midpoint—balanced, data-driven, and full of opportunity for those ready to move.
🏡 For buyers: More room to negotiate, stable pricing, and time to make smart choices.
🏡 For sellers: Strong prices persist, but success requires preparation, realism, and expert strategy.
The “new normal” isn’t about waiting—it’s about adapting. Whether you’re buying your first home or planning your next move, partnering with a local Realtor who understands these trends can make all the difference.