The Denver Metro real estate market started the year with a typical seasonal slowdown, creating a strategic opportunity for sellers who are preparing early. While activity eased after the holidays, Denver home values remained stable, and buyer engagement is already trending upward as we move closer to spring.
Denver Housing Market Trends (Year Over Year)
Compared to last January, closed home sales across the Denver Metro housing market declined 16%, with 1,937 properties sold. This slower winter pace is normal — and often works in favor of sellers by keeping competition lower.
Home prices held firm. The median closed price in Denver came in at $569,000, down just 1% year over year. Attached homes saw a slight increase to $420,000, while single-family home prices adjusted modestly to $615,000. Overall, pricing stability continues to support strong seller confidence.
Homes are spending a bit more time on the market, with median Days on MLS increasing to 56. For sellers, this reinforces the importance of accurate pricing, professional presentation, and targeted marketing to capture buyer attention.
Seller activity increased, signaling confidence in the market. New listings rose 3% year over year, and active inventory climbed 10% to just over 8,200 homes — roughly 18 weeks of supply. In a more active marketplace, homes that are positioned correctly are still selling well.
Month-Over-Month Denver Market Update
January reflected a normal post-holiday reset. Closed sales dipped from December, and the median price softened slightly by 1%. At the same time, early momentum is building.
New listings surged 153% month over month, and pending sales increased 48%, indicating buyers are actively preparing for spring purchases. Historically, this uptick in pending activity signals stronger demand in the months ahead.
For homeowners considering when to sell a home in Denver, February and early March often present an advantage — allowing sellers to enter the market ahead of peak spring competition.
Denver Rental Market Update
The Denver rental market remained stable in January. Leased properties increased 14% year over year, while median rent held steady at $2,604. Slightly longer days on market suggest renters are more selective, but overall demand remains healthy — positive news for landlords and real estate investors.
