If you’ve been thinking about making a move, now is a great time to do it. The market is balancing in a way that benefits both buyers and sellers. In April, we saw a strong jump in new listings — 18% more than this time last year — and a 61% increase in active homes for sale. That means more options and less competition for buyers, which is a welcome change.
Sellers, this doesn’t mean homes aren’t moving — quite the opposite. Homes are still selling quickly, with the median time on market at just 14 days, and prices are holding steady. The median price ticked up 1% from last year to $604,000, showing that demand is still strong and values are stable.
If you're a renter or investor, it's worth noting that the rental market is softening just a bit, with prices per square foot and lease prices dipping slightly, and units moving a bit faster. That could mean opportunity for landlords to refresh their pricing strategy or for renters to shop around.
Overall, April 2025 showed a market that’s active, balanced, and full of opportunity — whether you're looking to buy, sell, or invest.
Market Overview
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Closed Listings: 3,982 homes were sold, marking a 3% increase year-over-year and a 12% rise from March.
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Median Closed Price: $604,000, up 1% from April 2024 and 2% from the previous month, indicating price stability.
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Average Closed Price: $714,551.
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Median Days in MLS: 14 days, which is 5 days longer than April 2024 but 14 days shorter than March, suggesting a brisk market pace.
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New Listings: 7,186, reflecting an 18% increase year-over-year and a 10% rise month-over-month, providing buyers with more options.
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Pending Listings: 4,324, a 5% increase compared to April 2024, though slightly down (3%) from March.
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Active Listings: 12,436, a significant 61% increase year-over-year, indicating a more balanced market.
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Weeks of Inventory: 14 weeks, offering buyers a broader selection.REcolorado+2REcolorado+2REcolorado+2REcolorado+1REcolorado+1rmaa.org
Price Trends
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Price Range with Highest Activity: The $500,000–$600,000 range saw the most closed transactions.
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Price Stability: The median closed price remained steady, suggesting a balanced market without significant price fluctuations.Denverrealtypro.comDenverrealtypro.com+6REcolorado+6REcolorado+6
Rental Market Insights
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Median Leased Price: Decreased by 2% year-over-year.
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Price per Square Foot: Declined by 3%, indicating broader price adjustments.
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Median Price per Bedroom: Held steady at $1,000.
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Leasing Activity: Down 10% compared to April 2024.
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Days in MLS for Rentals: Properties spent 3 fewer days on the market, suggesting quicker turnovers.REcolorado+2REcolorado+2YouTube+2REcolorado+2REcolorado+2Denverrealtypro.com+2
Year-Over-Year and Month-Over-Month Insights
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Year-Over-Year:
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Closed listings increased by 3%.
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New listings rose by 18%.
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Pending contracts grew by 5%.
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Active listings surged by 61%, indicating a shift towards a more balanced market.YouTube+9rmaa.org+9DMAR+9REcolorado+2REcolorado+2DMAR+2REcoloradoREcolorado+4Denverrealtypro.com+4Denverrealtypro.com+4
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Month-Over-Month:
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Closed listings rose by 12%.
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Median closed price increased by 2%.
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New listings went up by 10%.
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Pending contracts slightly decreased by 3%, emphasizing the importance of strategic pricing.Denverrealtypro.com+4REcolorado+4DMAR+4
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The Denver Metro housing market in April 2025 demonstrated steady momentum with increased inventory and stable prices. The rise in new and active listings provides buyers with more choices, while sellers benefit from quicker sales. The rental market showed slight softening, offering some relief to tenants. Overall, the market trends suggest a balanced environment conducive to both buyers and sellers.REcolorado+7REcolorado+7REcolorado+7
For a visual summary and more detailed insights, you can refer to the full report here: April 2025 Denver Metro Market Watch.
If you have any specific questions or need further information, contact us today!