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Colorado Springs Real Estate Market Updates – January 2025
Denver Market Stats and Observations for January 2025
January ’25 vs January ‘24
- Active Listings
- 7670 vs 4870, +58%
- The average number of active listings for January (1985-2024) is 12,032. The record-high in 2008 with 24,550 listings, and the record-low in 2022 with 1,184 listings
- New Listings
- 4340 vs 3290, +32%
- Historically, active listings decline from December to January by an average of nearly 4%. An increase of 11.6% this year reflects the strong increase in new listings and a record-high percentage change
- Pending
- 3060 vs 3060, no significant change
- Buyer activity is starting to feel similar to two years ago, with properties moving to pending only a few days after coming on the market and seeing multiple offers
- Closed
- 2260 vs 2210, +2%
- Price
- $688k vs $655k, +5%
- DOM days on market
- 60 vs 50, +20%
- Discounts
- 98.5% vs 98.5%, no significant change
- More buyers are negotiating concessions, leading to slight declines in sales-price-to-list-price ratios.
- Mortgages
- New buyer activity jumped 27% in early January after there was a decline in December applications, and has remained steady
- There is an 83% probability that rates will remain unchanged in March
Denver Housing Trends for January 2025
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