Denver Market Check: What the Numbers Are Really Saying This Spring

There’s something about spring in Denver that signals movement. The days get longer, listings get polished, and buyers start to re-emerge after months of hesitation. But this year? The movement feels different—more intentional, more strategic, and a bit more grounded in reality.

Whether you’re planning to buy, sell, or simply stay informed, here’s what I’m seeing—and what you need to know from Denver Metro’s latest market data.

Spring 2025 Snapshot: A Market in Reset

According to April’s Market Trends Report from the Denver Metro Association of Realtors (DMAR), new listings surged month-over-month, with 5,646 new properties hitting the market, a 22.5% jump. That brings us closer to seasonal norms—good news for buyers who’ve been starved for options.

The number of closed homes also increased by nearly 11%, and pending sales rose 6.3%. That’s not explosive growth, but it’s a meaningful sign: buyers are cautiously back in the game—especially those who’ve adjusted to higher interest rates and are ready to trade hesitation for action.

What does that mean for you?

If you’re a buyer, this spring is giving you more breathing room than the past few years. If you’re a seller, it’s time to price with precision, not nostalgia. Buyers have options—and they’re not settling for less.

Pricing & Pace: Balanced, but Deliberate

The median close price stayed relatively flat month-over-month, which might sound boring, but it’s actually a positive indicator. This tells me the market isn’t swinging wildly. It’s stabilizing—and in a city like Denver, that’s valuable.

The average home in Denver spent 29 days on market, which is still below our long-term average of 31 days. What’s moving quickly? Homes that show well, are priced accurately, and offer the lifestyle today’s buyer craves.

What’s interesting here isn’t the uptick—it’s the calculated patience in the market. This isn’t a frantic spring season. It’s a thoughtful one.

Strategy Over Speed: What Smart Sellers Should Know

If you’re thinking about listing your home, here’s my honest take: the homes that are flying off the market right now? They’re priced right, move-in ready, and professionally presented. The ones that linger? They’re either overpriced or underprepared.

Luxury sellers in neighborhoods like Hilltop, Crestmoor, and Cherry Creek still have plenty of runway—but staging, marketing, and narrative matter more than ever. Your buyer isn’t just buying a home. They’re buying a lifestyle.

What This Means for Empty Nesters & Move-Up Buyers

Many of my clients this year fall into two camps:

• Empty nesters looking to rightsize into something walkable, lock-and-leave, and elegant.
• Move-up buyers finally ready to make a calculated leap after years of holding tight.

For both groups, the current market offers something rare: a window of opportunity that isn’t clouded by chaos. You can explore, think, negotiate—and ultimately make a move that aligns with how you want to live now.

 Final Thought: The Market Is Maturing

I’ve always believed real estate isn’t just about numbers—it’s about understanding how those numbers shape the lives of the people I work with. And right now, the numbers are telling us this:

Denver’s real estate market isn’t cooling. It’s correcting, recalibrating, and refocusing.

If you’re wondering whether now is the right time to move, buy, or simply prepare—I’d be honored to help you make that decision with confidence, clarity, and strategy.

—
Randy Burgess
Luxury Realtor® | Coldwell Banker Global Luxury
📍 Denver | Palm Springs | 🔗 www.livingat5280.com | @livingat5280