Cue up some GNR and listen to Axl belt out Patience! It may help navigate this Denver market. The DMAR May report is spot on: “The Denver Metro housing market right now is a masterclass in patience. Whether you’re a buyer waiting for the right home to hit the market or a seller holding out for the best offer, today’s conditions reward those who can pause, plan and stay engaged.”
Bullet points with May stats:
~ The median sold price for single family homes (including attached and detached) in May is $600,000 which shows a slight decrease (.66%) from last month (April) and no change (0.00%) from last year.
~ The average number of days on MLS in May 2025 was 33 days, which shows a 10.81% decrease from last month (April) and a 26.92% increase from last year in May.
~ Active listings at month end are 13,599. This shows a 23.67% increase from last month (April) and a 48.48% increase from last year in May.
~ Average active listings for May are 14,510 (1985-2024). Record high May was 2006 with 30,457 listings and the record low was 2021 with 2075.
~ Historically, active listings increase an average of 8.86% from April to May. We saw an increase of 13.67% in active listings from April 2025 – May 2025 reflecting a higher increase in comparison to the historical average.
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 .
#RealEstate #MarketStats #DenverMetro #MountainTimeRealEstate