January ’25 Market Report

January 14, 2025

Happy New Year from the RealGroup Team! Denver’s 2024 real estate market brought low inventory, high mortgage rates, but steady buyer demand. Sellers can capitalize in 2025 by timing their listing right, while Buyers will find value in homes needing light updates. Relocating? We’re your trusted Denver Realtors for a smooth transition. Let’s achieve your goals!

Happy New Year from the RealGroup Team!

As we head into 2025, we’re taking a moment to reflect on what has been a unique and dynamic 2024 in the Denver housing market. One common theme stood out throughout the year: mortgage rates.

Buyer sentiment in Denver seemed to shift toward acceptance of the current rates, but this change brought noticeable effects. We saw more homes sitting on the market for longer periods, even though the total number of transactions remained comparable to 2023 (down significantly to pre-2023 years). The year followed familiar patterns in terms of home appreciation: an early ramp-up through spring, peaking in late spring, followed by a gradual decline in appreciation through the fall. Despite these fluctuations, the Denver real estate market closed the year with a 5% appreciation—a figure that many of us would have considered optimistic heading into 2024!

For Sellers: Why 2025 Could Be Your Year

If you’re considering selling your home in Denver, this could be a great opportunity. While the market has shifted slightly, buyer demand remains strong, and we anticipate it holding steady—in 2025. Timing will be key to maximize value, Spring and early Summer will be ideal to obtain the best values.

Pricing your home correctly and marketing it effectively are more important than ever. That’s where we come in. As experienced Denver Realtors, our team specializes in accurately valuing properties and ensuring your home gets the attention it deserves.

Here’s what sets us apart:

  • Expert Valuation: We use a data-driven approach to determine the best listing price for your home, ensuring you get the most value without overpricing in today’s market.
  • Tailored Marketing Plans: From professional photography to targeted online campaigns, we’ll make sure your home stands out to potential buyers.
  • Market Insights: With deep knowledge of the Denver real estate market, we can help you navigate trends and time your sale to maximize your results.

If you’ve seen conflicting online valuations of your home, it’s important to remember that automated models often miss key details. Limited sales data and variability in home quality can lead to inaccuracies. We’ll provide a comprehensive, personalized assessment that reflects the true value of your property.

Ready to sell your Denver home? Let’s work together to get you the best outcome possible in 2025!

Opportunities for Buyers in the Denver Real Estate Market

For buyers, Denver’s real estate market offers great opportunities right now. We’re seeing fantastic homes that need a little love—and the projects to improve them are still highly economical. While many buyers are competing for move-in-ready, A+ homes, this creates less competition for homes that may need a refresh. The market is slowly shifting to Buyers!  Slowly, very slowly.

This is where our expertise as Denver Realtors truly shines. We can help you see the hidden value in these properties, connect you with trusted local contractors, and guide you in building that finished project valuation. Why pay a premium for someone else’s work when you can enjoy the equity yourself AND design a place tailored to your desires?

Relocating to Denver? We’ve Got You Covered.

For those relocating to Denver, we’ve got your back every step of the way. Our team continues to lead the Denver metro area in helping clients establish themselves in the city and make pragmatic choices when buying a home. Whether you’re moving for work, family, or lifestyle changes, we understand the unique challenges of relocation.

If your move involves a transition period, we can assist you in securing a rental in Denver while you settle in and explore the market. From finding the perfect neighborhood to navigating the competitive Denver real estate market, we’ll make your relocation as smooth and stress-free as possible.

Your Go-To Denver Realtors for 2025

As we look ahead to 2025, the Denver real estate market promises to be just as dynamic as ever. Whether you’re buying, selling, or relocating, the RealGroup Team is here to guide you with expert knowledge, proven strategies, and unmatched local expertise.

Let’s make this year your best yet in the Denver housing market!

Happy New Year!

 

January 2025 Market Stats