February 2025
The Metro Denver and Arapahoe County housing markets saw notable shifts in February 2025, signaling increased opportunity for buyers and sellers alike. According to REcolorado®’s latest market data, both inventory and new listings saw strong growth, while prices showed signs of moderation—a promising sign for those navigating the real estate landscape this spring in Denver, Greenwood Village and Cherry Hills.
Metro Denver Market Highlights
- Active Denver Real Estate Listings jumped by 34.7% year-over-year, reaching 15,439 homes on the market—offering buyers more choices than in recent years.
- New Listings rose 12.6%, indicating seller confidence is returning heading into the peak season.
- Despite higher inventory, closed sales fell 7.5%, a reflection of buyer caution amid elevated mortgage rates.
- The median closed price climbed to $570,000, a modest 3.6% increase compared to February 2024.
- Homes spent longer on the market, with Days in MLS rising from 54 to 63—up 16.7%.
- These trends reflect a stabilizing market where buyers have more leverage and sellers must price competitively to attract attention.
Arapahoe County Snapshot
- Arapahoe County mirrored the broader trend with active listings up 53.7% and new listings rising 11.3%.
- However, closed listings fell by 13.2%, and median price dipped slightly to $515,000, down 1.0% year-over-year.
- Homes sat on the market longer—56 days on average, a 40% increase from the prior year.
- Sellers received 99.0% of list price, down marginally from 99.4% last February.
Key Takeaways
For buyers, the expanded inventory and slower pace mean less competition and more negotiation room. For sellers, it’s critical to align pricing with market expectations and work with an experienced agent to stand out.
Whether you’re buying or selling, now is the time to assess your strategy with these updated market insights in mind.
If you’re thinking about making a move—or just curious about your home’s current market value— get a free home valuation here.
Whether you’re ready to take the next step or just exploring your options, I’m always happy to help. For a complimentary real estate consultation, visit MitchLazar.com to book an appointment or feel free to call me at (720) 507-4448 or email [email protected].
