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Denver Market | Top Ten Talking Points | End of March

Market Stats Mckinze Casey April 1, 2025

1. Active listings are up 63.3% year-over-year, giving you more options in the market.
 
2. With mortgage applications on the rise, competition is likely to pick up after the spring break lull.
 
3. With the Odds of Selling at 42.6%, down 17.4% year-over-year, sellers who weren’t market-ready should be more open to negotiation.
 
4. Price reductions remain steady, with 34.6% of homes under contract seeing at least one price cut.
 
5. With the Predictive MSI nearly doubling year-over-year, buyers have greater flexibility and leverage in today’s overall market.
 
6. Homes selling within 7 days close at 100.9% of the list price, while those on the market 3+ months drop to 92.7% of original list price.
 
7. The spring break slowdown is in effect, with pending transactions down 13.2% week-over-week.
 
8. Showing activity is holding steady at 1.8 showings per week with 16 showings on average to go under contract.
 
9. Pending transactions saw a median of 15 days to go under contract, though days on market are still up 36.4% compared to this time last year.
 
10. With inventory up nearly 5% weekly, strategic pricing and presentation are key to standing out.

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Mckinze Casey

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100 St. Paul, Suite 200
Denver, CO 80206