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

January 2025 | Colorado Housing Market Update 🏡

19 Jan 2025 · 1 min

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1:24

In this January 2025 market update, the speaker reviews the Colorado Front Range real‑estate conditions as the year ends. Overall, the region experiences the typical seasonal slowdown, but demand rises in Colorado Springs, El Paso County, and Weld County (north of Denver) compared to the prior year. Conversely, the greater Denver area, Boulder County, and Fort Collin’s/Larimer County see reduced demand and longer days on market. Most markets show higher average prices for single‑family detached homes while condo and townhome prices fall, with two notable exceptions: Boulder County sees price increases for both housing types, and Fort Collins/Larimer County experiences the opposite pattern (single‑family prices down, condo/townhome prices up). Days on market range from 55 to 63 days, with Boulder and Colorado Springs at the high end. Months of inventory supply span 1.9 to 3.7 months, lowest in greater Denver (1.9) and highest in Colorado Springs (3.7). The speaker also mentions a fun vision‑board party to kick off 2025 and wishes viewers a strong start to the new year.

Chapters

As we closed out the year, we saw typical seasonal slowdowns to the real estate market across the Colorado Front Range, except in the Colorado Springs area, El Paso County, and north of Denver in Weld County, which both had increases to demand from the previous year. The greater Denver area, Boulder County, and Fort Collins, Larimer County, all saw decreases to demand and increases to their days on market. Most markets across the Front Range saw increases to the average price of single family detached homes and decreases to condos and townhomes. The exceptions were Boulder County with increases to both and Fort Collins/Larimer County which saw the exact opposite with decreases to single family prices and increases to condo and townhome prices. Our days on market are between 55 to 63 days in all of these markets with Boulder and Colorado Springs areas being the highest. Our month's supply of inventory are also between 1.9 months and 3.7 months across the Colorado Front Range, with the greater Denver area having the lowest at 1.9 months and Colorado Springs area having the highest at 3.7. We had a really fun vision board party to kick off the new year, and I hope you all are having an incredible start to your 2025.