It’s that time of the month again! Take a look at the Denver Metro Area market statistics.

Year-Over-Year Insights:

The housing market in March 2025 showed strong activity from both buyers and sellers. The number of new listings that came to the market increased by 30% year-over-year with 6,512 new listings hitting the market. The number of active homes for sale increased 41% year-over year with 10,376 homes. While the number of closed homes is unchanged in March 2025 compared to last March, we saw buyer activity pick up with 4,700 homes going under contract, up 16% compared to the same time last year. Sellers are putting more homes on the market, giving buyers more options and more time to choose a home which is reflected in the time a property is spending on the market. The median days in MLS in March was 19, 7 more days year-over-year. Homes closed for a median price of $595,000, unchanged compared to March 2024.

Month-Over-Month Insights:

Typical for spring in the Denver-Metro Area, the housing market saw an increase of activity. The number of New listings increased by 32%. Buyers seemed eager to move by putting contracts on 43% more listings and closing on 32% more homes this month compared to February. Homes moved faster spending a median of 14 fewer days in the MLS compared to last month. Median home prices remained steady, declining less than 1% month-over-month.

Denver Metro Rental Market:

Throughout March, 328 properties were leased through REcolorado’s MLS, an 11% increase year-over year. Rental prices dropped slightly in March 2025 by 2%. More rental inventory came to the market with 413 new rental listings becoming available, a 21% increase from last year and 28% more than February. At the time of data pull, 563 active rental properties were available.

Closed Listings

The number of closed homes is unchanged in March 2025 compared to last March.

Closed Prices

Homes closed for a median price of $595,000, unchanged compared to March 2024.

New Listings

The number of new listings that came to the market increased by 30% year-over-year with 6,512 new listings hitting the market.

Pending Listings

We saw buyer activity pick up with 4,700 homes going under contract, up 16% compared to the same time last year.

Day in MLS

The median days in MLS in March was 19, 7 more days year-over-year.

Activity by Price Range

Buyers seemed eager to move by putting contracts on 43% more listings and closing on 32% more homes this month compared to February. Homes moved faster spending a median of 14 fewer days in the MLS compared to last month. Median home prices remained steady, declining less than 1% month-over-month.

Active Lisings and Volume

The number of active homes for sale increased 41% year-over year with 10,376 homes. 

All Data is taken from ReColorado, April 14, 2025