Denver Real Estate Update: Spring Market Shifts Toward Buyers
Welcome to a very peculiar spring market in Denver! For those tracking the trends, it is clear we are entering a phase that increasingly favors buyers. This is a shift that has not been seen in quite some time.
Sellers came to market in force this spring, but many buyers stayed on the sidelines, concerned about fluctuating interest rates and broader economic uncertainty. While year-over-year numbers show an uptick in both available inventory and closed transactions, last month’s pending sales dipped. Consumer confidence has taken a hit, largely influenced by political uncertainty and tariff talks that rattled markets.
So where does this leave the Denver real estate market?
Buyers Have Options, but It’s Not a Fire Sale
If you’re a buyer relocating to Denver, now is a great time to explore the market. While we’re not seeing dramatic price reductions unless a seller is truly motivated, buyers now have more leverage. This might not translate to major discounts on purchase price, but it does mean more negotiating power. Particularly around inspection items and seller concessions, with some mild price relief.
As top Denver Realtors at RealGroup, we are seeing more choice, more time to make decisions, and a more balanced approach to the home buying process.
Advice for Sellers: Price Smart and Be Move-In Ready
Sellers still have a path to success; however, it just requires a sharper strategy. Homes that are priced accurately and show well with little or no deferred maintenance continue to sell. Today’s buyers are value-conscious and expect move-in-ready homes. If your property needs projects, expect longer days on market with steeper concessions during negotiations.
Looking Ahead: Summer Market Will Depend on Federal Policy
Looking into summer, mortgage rates will continue to respond to federal policy — including interest rate decisions by the Fed, inflation tied to tariff policy, and the outcome of federal spending bills. While rates may move slightly up or down, the broader message is: don’t try to time the market perfectly. If you’re ready to buy, focus on finding a home that fits your lifestyle and budget. This spring and summer are shaping up to be strong for buyers who are well-informed and ready to act.
Relocating to Denver? Let’s Talk
At RealGroup, we specialize in helping relocation buyers make confident decisions in the Denver real estate market. As a top-producing team Realtors in the city, we bring deep market knowledge and a strategic approach to both buying and selling.
Whether you’re just starting your search or ready to tour homes, we’d be happy to guide you through the process. Reach out any time to schedule a consultation.
May 2025 Market Stats