March 2025 Denver Real Estate Market Stats: What Buyers and Sellers Need to Know
Let’s be real—this market’s a bit of a rollercoaster. One week it’s hot, the next it’s… well, not. March 2025 continued that trend across metro Denver with a split personality: homes are either flying off the market or sitting untouched. There’s not much in between, and success really comes down to being strategic—especially as we head into the busy spring season.
So what’s the scoop? Let’s break it down in plain English.
Detached Homes: Picking Up Steam
Sellers got an early jump on spring, and it shows. New listings increased quite a bit compared to February, giving buyers more to choose from. But don’t let that fool you—it’s not a full-blown buyer’s market. Homes that are priced right and look sharp are still getting plenty of love.
The number of homes going under contract went up, which tells us buyers are active, but they’re also choosy. Median prices are up from last month, but average prices are slightly down from this time last year—a sign that while some homes are crushing it, others are still struggling depending on location and price point.
Key takeaway? If your home looks great and hits the market at the right price, you’ve got a shot at standing out. But even then, nearly half of homes are still selling below asking price, and concessions (like helping cover closing costs) are a common part of the deal.
Attached Homes (Condos + Townhomes): A Bit Slower
This side of the market also saw a bump in new listings—so clearly, sellers are motivated. But the demand didn’t keep up quite the same. Pending sales did rise from February, but they’re still down compared to last year.
Prices in this category continue to feel the pressure. Both the median and average sale prices dropped again in March. So if you're buying a condo or townhome, you're in a better position to negotiate than you were a year ago.
The vibe here? Buyers are browsing, but they’re taking their time. Homes that are priced too high or don’t show well are starting to sit. But if you’re a seller with a well-prepped, attractively priced unit, there’s still a solid chance of getting it sold—just maybe with a little more patience.
Final Thoughts
We’re calling it like it is—this market is spotty, nuanced, and fast-paced depending on the micro-market you're in. Whether you're buying or selling, now is not the time for guesswork. You need a plan. And that’s where we come in.
For sellers: First impressions are everything. Clean, updated, and competitively priced listings are what win right now.
For buyers: More inventory means more choices, but competition hasn’t gone away. Be ready to act when you see the right fit.
Questions about your neighborhood, your home’s value, or how to position yourself in this market? Let’s chat—we’re here to help you navigate it all with confidence.
– The Tucker Team