February 2025 Denver Market Overview | Spring is in the air  

The current market is quite interesting.  While some listings are seeing multiple offers and quick sales, other listings are sitting and sitting.  The number of active listings increased this month, marking a significant year-over-year rise.   Pending transactions increased over January numbers indicating an uptick in buyer demand. Prices continue to rise, with both average and median sales prices showing an increase from last month (January). Price also rose when looking year-over-year.

Bullet points with February stats:

~ The median sold price for single family homes (including attached and detached) in February is $599,990 which shows an increase (4.35%) from last month (January) and an increase of 4.35% from last year.

~ The average number of days on MLS in February 2025 was 55 days, which shows a 9.84% decrease from last month (January) and a 19.57%  increase from last year in February.

~ Active listings at month end are 8554.  This shows a 11.26% increase from last month (January) and a 52.22% increase from last year in February.

~ Average active listings for February are 12,492 (1985-2024).  Record high February was 2006 with 25,484 listings and the record low was 2022 with 1226.

~ Historically, active listings increase an average of .08% from January to February.  We saw an increase of 11.26% in active listings from January 2025 – February 2025 reflecting the third largest percentage increase on record.

Please reach out with any questions.  I am happy to help.

If you have any questions or would like to discuss selling or purchasing a property, contact me today at 303-949-9683 or Amy@MountainTimeRealEstate.com .

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