06/10/2025
🏙 Denver Metro Market Recap for May 2025
KEY TAKEAWAYS:
▶ Inventory continued climbing, as May ended with 13,599 active listings, up 14% over April and the highest since 2011
▶ After a lull in April, buyers returned in May as pending homes were up 7% from last month and 10% over last May
▶ Even as supply continued to outpace demand, median and average close price remained relatively flat this month
WORTH WATCHING:
▶ What can we expect from buyers in June after a slow April and active May?
▶ With inventory reaching levels we haven’t seen in almost 15 years, will home prices start to come down?