Michael RushReal Estate Broker, Keller Williams Realty DTC · Real Estate Broker at Keller Williams Realty DTC

Average prices have remained resilient even with rising inventory.

18 Feb 2025 · 1 min

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Denver single-family home prices rose 3.3% while condos and townhomes fell 5.1%. Buyer demand jumped 31% month-over-month, but homes now sit 59 days on the market. Sellers are still getting near-asking prices despite rising inventory.

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In the greater Denver metro area, single-family home prices are up 3.3%, but condos and townhomes took a hit, dropping 5.1%. Demand surged 31% from last month, but holding steady compared to last year. Meanwhile, new listings spiked month over month and year over year. Homes are sitting on the market longer, now averaging 59 days, while inventory inched up to 2.1 months. The closed price to list price ratio is still holding study.

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