Every season tells a different story in Denver’s real estate market, and this September the narrative is clear: more inventory, longer days on market, and shifting leverage toward buyers. Remember real estate stats are done in arrears, so when looking at October we are analyzing September numbers and they're always shifting and moving. Here's what Team Russell is seeing on the ground.
Metro Market Snapshot
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Inventory: Around 14,000 homes on the market — the highest level since 2011.
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Time on Market: Many homes now take 20+ days to sell, compared to just a week or two during past peak years.
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Pricing: Metro Denver median home values hover in the $590K–$610K range. Price growth is flat to slightly down in many areas.
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Buyer Leverage: Concessions and price reductions are becoming more common, especially outside the most desirable neighborhoods.
County Highlights
Denver County
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Median home price: ~$561K (down ~4.9% year-over-year).
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Buyers have more room to negotiate, especially in condos and entry-level homes.
Arapahoe County
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Steady demand, but affordability-sensitive neighborhoods are cooling.
Jefferson County
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Foothill properties hold appeal, though remote areas are softening.
Boulder County
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Boulder city median price: ~$912K (down ~4% YOY).
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County-wide values average $746K (down ~1.9%). Premium homes still attract strong demand.
Broomfield County
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Positioned between Denver and Boulder, the market mirrors metro-wide trends closely.
Douglas County
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Strong demand in desirable suburbs, but high-end listings are moving slower.
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Median list price per sq ft: $246 (August 2025).
Adams County
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Entry-level market remains active, though rising rates have slowed activity.
What It Means for Buyers & Sellers
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For Buyers: More choices, more time to decide, and negotiating power. Still, affordability is tight with higher rates.
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For Sellers: Pricing strategically is essential. Well-priced, move-in-ready homes in prime locations continue to sell — but sellers should be ready for longer timelines and consider offering concessions.
Outlook for Fall 2025
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Expect the market to lean toward balanced to slightly buyer-friendly conditions.
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Prices will likely remain steady or soften modestly through year-end.
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A drop in mortgage rates could quickly reignite demand — a factor we’re watching closely.
Whether you’re considering buying, selling, or just keeping an eye on the market, we’d love to walk you through what these trends mean for your specific neighborhood.
– Rachel & Garrett Russell, Team Russell
