January 2025 Denver Market Overview | New Year, New Inventory

January saw an influx of new inventory in the Denver Metro housing market.  New January listings increased over 100% from last month (December) and increased just under 32% from last year in January.   Median sold price decreased very slightly (.51%) from last month and saw a very slight 1.77% increase year over year.  Days on market increased giving buyers time.

Bullet points with January stats:

~ The median sold price for single family homes (including attached and detached) in January is $575,000 which shows a very slight decrease (.51%) from last month (December) and an increase of 1.77% from last year.

~ The average number of days on MLS in January 2025 was 61 days, which shows a 8.93% increase from last month (December) and a 24.49%  increase from last year in January.

~ Active listings at month end are 7688.  This shows a 11.61% increase from last month (December) and a 57.83% increase from last year in January.

~ Average active listings for January are 12,032 (1985-2024).  Record high January was 2008 with 24,550 listings and the record low was 2022 with 1184.

~ Historically, active listings decrease an average of 3.85% from December to January.  We saw an increase of 11.61% in active listings from December 2024 to January 2025 reflecting a substantial increase in 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 .

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