Rhonda Heth

Broker Associate
License#:

Colorado Market Insights

Colorado Front Range Market Insights

View individual Market Insights for regional areas

 

Adams County •  Aurora •  Boulder County •  Broomfield/Westminster •  Douglas County •  Jefferson County
Metro Denver •  Mountain Suburbs •  Northern CO •  South Metro Denver

 

The spring season was intriguing for the communities along the Front Range. It certainly exhibited the usual trends: more listings, increased competition, homes spending less time on the market, and more closings. But the big surprise: many communities finished May with the largest inventory we’ve seen in a few years.

What’s caused our higher inventory?

- High-interest rates: With rates remaining in the 7s (and are not dropping in the near future), many homeowners discovered through their lender that they could afford to make a move thanks to the equity their previous property had accrued.

- “Time-To-Move” situations: Growing families, retirement, new jobs – life continues. Homeowners were ready to let go of their low-rate mortgages that they refinanced during the pandemic.

- Strong Sales Prices: While some communities saw home values remain the same or slightly dip entering 2025, the spring buyer demand boosted listing prices. So homeowners took advantage of the opportunity.

- Education and confidence: When the market remains stable, even with higher rates, it gives homeowners more time to learn and strategize. It’s been our pleasure to provide sellers with accurate, local data to make informed decisions (and disregard the alarming media headlines).

*Remember, national outlets don’t utilize data that reflects our communities’ appeal (nor have our Front Range real estate expertise). So the conflicting messages about home prices or blanket statements about interest rates cause many owners to sit on the sidelines.

Buyer demand remains robust.

Having more homes on the market is a welcome sign, but we’re still not in a “buyer’s market.” Supply and demand are more balanced, creating an even playing field between buyers and sellers. Ask your RE/MAX Alliance agent about your community’s “Months of Inventory” (MOI). The MOI is calculated by dividing the number of listings at the end of the month by the average number of homes sold over the last 12 months. In most of our communities, the MOI is under six months, indicating most transactions still lean in sellers’ favor.

If you plan to sell your home this summer, your RE/MAX Alliance agent will help you strategically price and prepare your property to ensure a great return. Buyers, take advantage of the larger inventory and lower competition over the next few months as other house hunters are occupied with summer plans or burned out from the spring market. Your chances of going under contract on the right home are much higher.

Your RE/MAX Alliance agent has the expertise to help you determine whether now is the right time for you to buy or sell. They can provide you with valuable information, resources, and options to help you make an informed and confident decision tailored to your unique situation. With their market knowledge, effective strategies, and encouragement, they can help you achieve your real estate goals this year, even if it may take some time. To get started, contact your RE/MAX Alliance agent today.

Sources: Fort Collins Board of REALTORS®, Denver Metro Association of REALTORS® Megan Aller, First American Title, Mortgage Daily News, Home Mortgage Advisors.


 

May Stats:

Area New Listings Sold Listings Average Sales Price Average Days on Market
Adams County 2025 1098 703 $513,834 40
2024 1029 733 $518,327 33
Aurora 2025 917 606 $498,662 38
2024 897 648 $514,597 27
Boulder County 2025 830 464 $968,523 40
2024 724 473 $954,051 32
Broomfield/Westminster 2025 371 212 $641,997 31
2024 331 224 $633,963 21.5
Douglas County 2025 1167 710 $835,957 35
2024 986 680 $851,304 29
Jefferson County 2025 1382 852 $749,806 25
2024 1317 839 $731,231 18
Metro Denver 2025 1857 990 $726,326 35
2024 1864 1089 $750,347 27
Mountain Suburbs 2025 140 60 $1,088,451 32.5
2024 133 65 $1,112,110 44
Northern CO 2025 1871 1283 $598,643 63
2024 1129 1032 $607,313 58.5
South Metro Denver* 2025 1199 770 $999,584 40
2024 1016 674 $1,012,879 24
Front Range CO* 2024 9602 5863 $728,772 39
2023 8981 5887 $724,366 30

 

* South Metro Denver area includes the cities of Centennial, Englewood, Greenwood Village, Highlands Ranch, Littleton and Lone Tree.

* Front Range area includes Adams County, Arapahoe County, Broomfield County, Denver County, Douglas County, Jefferson County, Larimer County and Weld County.

 

Source: Multiple Listing Services (MLS) in Colorado | Information deemed reliable, but not guaranteed

 

 



RE/MAX Alliance Colorado Real Estate is powered by Burrow Services, Inc.