May 2025: Market Recap
May’s market reflects a shift from a time when buyers were battling each other to win a single home to a market where sellers are now competing with their neighbors to sell first. Buyers are more hesitant than before, leveraging contractors due to minor inspection concerns. Multi-generational homes are at an all-time high, accounting for 17% of home sales nationally. Staying up to date on market trends gives insight into the next right move for you.
Listing Prices are up 0.74% from Last Year.
In May 2025, the average residence sold for $722,201
The average single-family home sold for $808,891
The average attached home sold for $437,829
May Interest Rates Update:
The Bottom Line
The latest report from the Denver Metro Association of Realtors (DMAR) states that there are currently 13,599 attached and detached homes available in the entire Denver Metro area. This represents a 13.67% increase from last month in available properties, and the numbers are up by 48.48% from May 2024.
Affordability remains in the same range we’ve been seeing over the last year. The median sales price is $722,101 this past month, a 0.65% increase from 2024. Prices continue to rise, and not fall.
Summer is here, and it shows with the uptick of new listings hitting the market. In the last month, 7,284 new homes hit the market. The average days on market in the Denver Metro area is experiencing a 10.81% decrease from last month, showing a steady increase in competition and interest.
I always like to share this graph that compares today since 2008. We are still so far from the market of 2008 in terms of live listings, despite a strong increase in live listings.
Quick Stats
This graph provides an overview of active listings, market highs and lows, and new listings. Compare this month’s data directly with previous record-breaking reports and stay informed with insights from realtors, local news, and mortgage updates.
