Monthly Market Updates - August
The Denver metro housing market isn’t racing ahead, but it’s far from stalled. August 2025 continued the year’s theme of stability, with prices holding steady and buyer activity mirroring last year’s pace, according to the latest report from the Denver Metro Association of Realtors (DMAR). However, as Amanda Snitker, chair of DMAR’s market trends committee, explains, “For Denver real estate, a stagnant market does not mean an easy one to understand. Data alone does not tell the full story. Understanding how the trends connect to real buyer and seller decisions is what truly matters.”
Median home prices didn’t move much in August – detached homes dipped just 0.15% with attached homes dropping only 1.28%, landing at $649,000 and $385,000 respectively. At the same time, the days on the market rose slightly, with both segments taking about six days longer to sell compared to earlier in the year. For buyers, that extra breathing room means more time to weigh options; for sellers, it highlights the importance of presenting homes competitively.
Where the market showed its boldest move was inventory. By the end of August, 45,868 new listings had hit the market, up 10.49% year-over-year, while active listings climbed even more sharply, rising 21.77%. Despite this, demand is still steady, with closed sales nearly identical to 2024 levels. The result is a marketplace where buyers enjoy more choices while sellers have to focus on standing out.
Snitker notes, “The bigger divide is between homes that sell quickly and those that linger.” Just 1.12% of closed sales in August involved a price reduction, with modest adjustments of around 2.95%. By contrast, nearly 58% of current active listings have cut their asking price, and for homes sitting longer than 30 days, that figure jumps to 74% with deeper drops. The takeaway is clear: sellers who price their homes strategically from the start often seal the deal without concessions, while those who overreach risk bigger cuts later.
As we head into fall, expectations remain for a market that is stable, competitive, and full of opportunity on both sides of the transaction. For now, the Denver market is steady, offering buyers the advantage of choice and sellers the chance to succeed with the right strategy.
