• Year-Over-Year Insights

  The housing market in February 2025 showed strong momentum, with increased inventory giving buyers more choices. Sellers added 4,941 new listings, marking a notable increase from last year. Buyer activity remained steady, with 2,694 homes closed, and 3,529 properties went under contract, reflecting ongoing demand. Home prices trended upward, with the median closed price reaching $599,000, showing continued price appreciation. Homes spent more time on the market, with a median of 33 days in the MLS, indicating a slightly more balanced market as buyers took longer to make decisions.

• Month-Over-Month Insights

  February brought an increase in market activity compared to January. New listings rose by 14%, giving buyers more choices as inventory expanded. Buyers responded accordingly, with pending listings increasing by 23%, signaling renewed confidence in the market. The number of closed listings climbed 18% monthover-month, and homes moved off the market faster, with the median days in MLS dropping by 14 days from January. Additionally, home prices rose, reflecting sellers' strategic pricing adjustments, with the median closed price increasing 4% from the previous month.

• Denver Metro Rental Market

  The rental market experienced a slowdown in February, with 216 properties leased through REcolorado’s MLS, a 30% decline year-over-year. Despite lower leasing activity, rental prices remained strong, with the median leased price rising 2% compared to last year. Rental inventory remained tight, as 323 new rental listings were added, a 1% decrease from last year and 3% fewer than January. At the time of data pull, 563 active rental properties were available, reflecting a 1% decrease from the previous month.

*Information provided by REColorado. Click here for the full report.