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The Denver Metro housing market began the new year with characteristic seasonal slowing. Closed home sales declined 16% year over year to 1,937 homes, revealing a slower start compared to last year. Home prices remained stable overall, with the median closed price at $569,000, down just 1% year over year.
Bullet points with January stats:
~ The median sold price for single family homes (including attached and detached) in January is $569,500 which shows a slight decrease (.96%) from last month (December) and a slight decrease (.96%) from last year.
~ The average number of days on MLS in January 2025 was 74 days, which shows a 12.12% increase from last month (December) and a 23.33% increase from last year in January.
~ Active listings at month end are 8228. This shows a 8.16% increase from last month (December) and a 7.02% increase from last year in January.
~ Average active listings for January are 11,926 (1985-2025). Record high January was 2008 with 24,550 listings and the record low was 2022 with 1184.
~ Historically, active listings decrease an average of 3.28% from December to January. This January’s increase of 8.16% reflects a strong influx of new listings.
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
