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Denver Market | Top Ten Talking Points | Mid- March 2025

Market Stats Mckinze Casey March 24, 2025

1. With new listings jumping 50.4% year-over-year, sellers are entering the market sooner—buyers should be ready to act before peak competition in spring.
 
2. With 65.2% of transactions including concessions, buyers have stronger leverage to negotiate for closing costs or rate buydowns.
 
3. Inventory is up nearly 60% year-over-year, giving buyers more choices across the Denver Metro area.
 
4. Though competition is heating up for a quarter of the market, days on market are still up 56.4% year-over-year providing more time to decide
 
5. Nearly 80% of seller concessions covered closing costs or rate reductions, helping offset high interest rates.
 
6. A 17.1% month-over-month jump in pending transactions suggests buyer momentum is growing.
 
7. The average sale price has increased 2.6% year-over-year, reinforcing strong property values.
 
8. Showing activity has climbed 19.4% year-over-year, with listings averaging two showings per week.
 
9. Nearly half (46.3%) of homes sold last month closed below asking, emphasizing the importance of strong market knowledge and presentation.
 
10. Those who act now, before inventory builds further in summer and fall, may benefit from less competition and stronger buyer demand.

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Mckinze Casey

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100 St. Paul, Suite 200
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