The July Denver Metro housing data reinforces what many agents and industry analysts have been observing on the ground: we're navigating a market of contrasts. Inventory and days in MLS are both rising, according to the DMAR Market Trends Committee.
Buyer activity has slowed, yet pricing remains relatively stable. These mixed signals reflect a highly segmented marketplace, where every listing and every buyer tells a different story, and where outcomes can vary widely depending on price point, location and strategy.
The detached and attached markets saw varying trends in July. New inventory for detached homes slowed, with 3,916 homes coming to market, a 13.57 percent drop from June. The number of pending properties declined 2.28 percent, showing a slight slowdown in buyer activity. At the end of the month, the inventory of detached homes increased just 0.76 percent, a sign that well-priced homes are still moving, but competition is easing for buyers.
Attached homes had a busier month, with 1,445 properties entering the market—a 3.21 percent increase over June. Pending properties increased 6.49 percent month-over-month, while the end-of-month inventory of attached homes dipped slightly, down 1.94 percent, indicating steady buyer absorption despite broader market uncertainty.
Median days in MLS rose month-over-month for both attached and detached properties, increasing by 25.8 and 25 percent, re-spectively.
The number of properties that sold in July dropped 11.31 percent from June and 6.84 percent from July 2024. It is not unusual to see a seasonal decline in sales volume from June to July as the market shifts into late summer.
Sale prices remain relatively flat for the year. Median prices declined slightly in July-down 2.26 percent for detached homes and 2.50 percent for attached homes; however, these modest dips are also in line with seasonal patterns.
The overall economic and consumer environment has experienced significant uncertainty in 2025, which is reflected in the real estate market. Total sales are down 0.80 percent year-over-year and 2.57 percent compared to 2023. Three years of sluggish sales are putting pressure on prices as buyers remain hesitant.
Sellers need to align expectations with market realities. Overpricing or underpreparing a home can lead to extended days on market and price reductions. With buyer demand uneven and more inventory available, presentation and strategic pricing are critical.
Precision and adaptability for sellers are essential. While pricing has remained relatively flat, buyers are more selective and price-sensitive, especially with more inventory on the table. Homes that are well-prepared and accurately priced can still sell quickly, but overpricing or skipping presentation details often leads to extended time on market.
Buyers in the current Denver market have a meaningful opportunity: more inventory, slower competition and stable pricing create space for strategic moves. With median days in MLS increasing and detached home listings climbing, there is less pressure to rush into decisions, especially in higher price brackets. That said, the market is highly segmented. Some homes still sell quickly, while others linger. Buyers need to look beyond averages and focus on hyper-local trends.
Learn more about the market from the Denver Metro Association of Realtors.
Keep reading for an In-depth breakdown on properties sold for $1 million or more by West + Main Agent Michelle Schwinghammer.
Thank you to our partners at the Denver Metro Association of Realtors for compiling this information.
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