August 2025 Market Stats
As summer winds down, Denver’s housing market is shifting into a more contemplative pace. August did not turn heads, but it did deepen the story we have been watching all year: more inventory, more choice, and a welcome shift toward balance.
Inventory on the Rise, Especially Compared to Last Year
Active listings at the end of August stood at 13,059, down slightly from July’s 13,995. That is still a strong 21.8% increase year-over-year from August 2024’s 10,724.
Looking at the broader trend, we have seen 45,868 new listings posted in 2025 so far, which is 10.5% more compared to last year. Active listings are also up 21.8%, reinforcing that buyers have more options.
Home Prices Holding Steady With Slight Softening
More than half of the 4,779 new listings in August were priced between $400-$700k, though this month saw 13% fewer listings than July. This shows continued strength despite slower momentum.
Other data highlights a modest 0.15% drop in median closing prices for detached homes and a 1.28% drop for attached homes. These small dips are an early sign of price flexibility.
Sellers Still Getting Close to Asking, but Negotiations Are More Common
The close-price-to-list-price ratio held high. Homes sold for 98.52% of asking price, only slightly lower than 98.67% in July and 98.88% last year.
However, price cuts are much more common among lingering listings. 58% of active listings had reductions, with a median reduction of 4.52%. Among those listed over 30 days, 74% had cuts averaging 4.76%. Pricing strategy matters more than ever.
Buyer-Friendly Trends Signal a Gradual Shift
Nationally, the housing market is showing more balance. Realtor.com reports that months of supply reached 5.0 in August, a level not seen since 2016. This brings many markets closer to buyer-favorable territory.
Here in Denver, the numbers reflect the same trend. Buyers are gaining leverage while sellers are learning that precision in pricing and presentation is key.
What’s the Bottom Line?
| Buyer Perspective | Seller Perspective |
|---|---|
| More listings mean choice and room to negotiate. | Realistic pricing and staging are essential. |
| More time to consider offers, thanks to longer days on market. | Homes priced right still command strong sale values. |
| The market is shifting gently toward balance. | Success hinges on presentation, price, and strategy. |
Final Thought
August 2025 in Denver was not dramatic, but it painted a clearer picture of where our market is headed. More listings are giving buyers leverage, while sellers are realizing that thoughtful pricing and presentation are essential. This is not a freeze. Instead, it is the market taking a contemplative breath toward balance.
If you are considering buying or selling this fall, we would love to help you interpret what these numbers mean for your home and your goals.
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