What: Denver market stats for April are now available! Download and post the social media graphic to keep your people in the loop, and link to the blog post for a closer look at the numbers and how the market is trending.
Sharing on Social Media:
- Click here to share the stats blog directly on Facebook and LinkedIn. The post text below also links to the blog.
- Download and post the graphic with the message: In April, the Denver market saw another increase in new listings, and inventory continued to rise. Prices were relatively flat, while buyers had time to find the right house and a deal that made sense. Details at bit.ly/denverstats-april25 or reach out to talk strategy.
Snapshot: New listings of detached homes increased from 4,507 in March to 5,240 in April. The month then closed with 7,844 active listings, an increase of 66.22% year-over-year. Pending sales increased by 7.28%, and closed sales were 0.54% higher compared to 2024, showing that the market is still moving in the right direction. However, the median price was $665,000 in April versus $660,000 in March, and $660,500 in April of 2024, so prices are up by less than 1% month-over-month and year-over-year.
Did You Know? Property values either dropped or remained steady according to the latest data released by the Denver’s Assessor’s Office. While property tax bills should stay fairly steady, homeowners could still see their bills rise due to the expiration of Colorado’s temporary statewide tax discounts. More info.