The Denver housing market is seeing a shift—and for the first time in years, the advantage is swinging back toward buyers. But that doesn’t mean Denver has lost its shine. Quite the opposite.
While national headlines continue to report on rising inventory and homes lingering on the market longer, what’s happening in the Mile High City tells a more nuanced and encouraging story. The market is rebalancing, not retreating—and if you’re thinking about making a move, whether you’re buying or selling, now’s the time to pay close attention.
Here’s what you need to know.
- Inventory Is Up—But So Are Opportunities
According to a recent report from Realtor.com, there were over 700,000 homes actively for sale across the country in June—the highest number in nearly five years. In the Denver Metro area, that trend holds true. As of early July, our market inventory topped 13,000 homes, the most we’ve seen in over a decade.
For buyers, this means choice, breathing room, and negotiating power. Gone are the days of waiving inspections and submitting offers the moment a listing goes live. Sellers are more open to concessions—some even offering rate buy-downs or covering closing costs—and buyers finally have space to make thoughtful decisions.
🔗 Realtor.com Housing Market Trends Report – June 2025
- Home Values Remain Strong
Despite more inventory, Denver home values have remained resilient. In fact, according to data from the Denver Metro Association of Realtors (DMAR), the median sale price in June 2025 is $615,000—only slightly off its all-time high from 2022 and still well above pre-pandemic levels.
If you zoom out, the trend is even more impressive. In 2015, the median price in Denver hovered around $345,000. That’s nearly a 78% increase in property value over the past 10 years—proof that Denver continues to be one of the most reliable real estate investments in the country.
🔗 Denver Metro Real Estate Market Stats – DMAR Reports
- Mortgage Rates Stabilize, Applications Surge
The number of mortgage applications just saw its biggest jump since February 2023. According to Mortgage News Daily, rates have been on a five-day winning streak and the 30-year fixed is now averaging 6.67%, prompting a 9.4% surge in applications. That’s an important signal that buyers are re-entering the market, fueled by greater confidence and the sense that this is their window to act.
Buyers who had hit pause during last year’s volatility are now watching rates stabilize and beginning to take advantage of seller concessions and increased inventory. It’s not just a shift in numbers—it’s a shift in energy.
🔗 Mortgage Applications Jump 9.4% – Mortgage News Daily
- Why Denver Is Still the Place to Be
Let’s not forget what makes Denver one of the most desirable places to live, regardless of market swings. People continue to move here for good reason:
✅ Lifestyle: With over 300 days of sunshine, access to world-class outdoor recreation, and a vibrant arts, food, and music scene, Denver offers the kind of quality of life that’s hard to match.
✅ Strong Job Market: Denver’s economy remains strong with thriving sectors like tech, healthcare, green energy, and aerospace. Plus, the city continues to attract major employers and start-ups alike.
✅ Top-Tier Education: From top-rated public schools in neighborhoods like Cherry Creek, Highlands Ranch, and Boulder Valley, to leading universities such as DU and CU Denver, the region appeals to families and lifelong learners.
✅ Smart Long-Term Investment: With consistent home value appreciation over the past decade and a strong rental market, Denver real estate continues to outperform many other metro areas.
People aren’t just buying a home here—they’re buying into a lifestyle, a culture, and long-term value.
🔗 Colorado Economic Development & Job Data
Final Thoughts
Yes, the market is changing—but change creates opportunity. If you’re a buyer, this could be your moment to make a move on your terms. If you’re a seller, success is still possible with the right pricing, preparation, and marketing strategy.
As always, I’m here to provide clarity in a shifting market. Whether you’re exploring your next purchase or wondering how your current home fits into your long-term plans, let’s talk.