So How’s The Market – October 2025

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

Year-Over-Year: The Denver Metro housing market held steady in October, reflecting a continued shift toward balance between buyers and sellers. There were 3,448 closed listings, a modest 2% decline from last year. The median closed price dipped just 1% to $590,000, showing that prices remain resilient even as overall activity cools.

Homes spent a median of 35 days in the MLS, up seven days year over year, giving buyers more breathing room to explore options. Homes priced between $300,000 and $399,999 moved the fastest, spending a median of 30 days on market, underscoring continued demand for affordable properties.

New listings were down 4% to 4,482, keeping inventory tight, but pending listings rose 3% to 3,434, signaling that buyers are ready to act when the right home comes along. The $500,000–$600,000 price range saw the most closed listings (678), while 496 homes sold for $1 million or more, highlighting steady interest across mid-range and luxury segments.

For buyers, longer market times and steady pricing mean more room for negotiation. For sellers, accurate pricing and property presentation remain key to attracting motivated buyers in today’s balanced market.

Month-Over-Month Insights: The Denver Metro housing market showed subtle seasonal cooling in October while maintaining signs of underlying strength. Closed listings totaled 3,448, a 2% decrease from September, reflecting a typical slowdown as we move deeper into fall. Despite fewer closings, the median closed price increased 1%, showing that well-priced homes continue to attract strong offers.

Homes spent a median of 35 days in the MLS, down slightly from 37 days in September. New listings fell 10% month over month, a sharper-than-usual drop that further tightened available inventory. Pending listings rose 1%, indicating steady buyer demand.

For buyers, fewer new listings mean less choice, but stable prices and shorter market times show that competition remains healthy. For sellers, October proved that well-positioned homes can still move efficiently—pricing strategically and presenting listings effectively remains the best way to capture active buyer interest heading into the holiday season.

Denver Metro Rental Market: Rental activity strengthened in October, with leased listings up 16% year over year, showing steady demand. The median leased price was $2,700, down 1%, while the median price per bedroom also dipped 1% to $925. In contrast, the price per square foot rose 4% to $1.65, reflecting interest in smaller, efficient spaces.

Properties spent a median of 37 days in the MLS, compared to 32 days last year, giving renters a bit more time to make decisions.

For renters, increased availability means more choice and negotiation power. For landlords, stable pricing and solid demand suggest that competitively priced, well-presented listings continue to lease quickly.

Closed Listings:

Closed transactions decreased by 2%. This slight decline suggests a cooling market as buyer activity eases.

Closed Prices:

The median sale price slipped slightly to $590,000, down 1% from October 2024. This small decline may indicate a seasonal slowdown as the market transitions into the winter months.

New Listings:

Compared to October 2024, new listings dipped by 4%. This decline may indicate that fewer sellers are choosing to list their homes as the year comes to an end.

Pending Listings:

Pending sales rose by 3% year over year. This increase indicates that buyer interest remains strong, which could support stable pricing even as inventory levels fluctuate.

Days in MLS:

Homes spent a median of 35 days on the MLS, which is 7 days longer than last year. This trend may also indicate that buyers are becoming more selective, making pricing and presentation increasingly important.

Activity by Price Range:

The median sale price edged down to $590,000, a 1% decrease from October 2024. While this reflects normal seasonal adjustments, homes are spending more time on the market, making strong marketing and strategic pricing essential for sellers. Buyers may find more room to negotiate, so staying alert to opportunities is key.