September 2025
Denver-Metro Market Snapshot
Year-Over-Year
The Denver metro housing market in September 2025 showed signs of steady activity. Buyers remain active, with 3,506 homes closing—a 7% increase from last September, and 3,883 homes going under contract, up 4% year-over-year. The median closed price was $586,000, up by 2% year over year, reflecting a balanced market. Homes spent a median of 37 days on the market, 10 days longer compared to last year, giving buyers more time to consider their options. Meanwhile, new listings were slightly down 2%, making it important for sellers to price homes accurately and present them well. For buyers, the combination of solid inventory and extra time to negotiate creates opportunities to make thoughtful decisions. Overall, the market continues to offer advantages for both buyers and sellers who are prepared.
Month-Over-Month
In September, the Denver metro housing market showed modest shifts from August 2025. Closed listings dipped slightly by 2% to 3,506 homes, while pending contracts edged down 1% to 3,599, signaling steady but cautious buyer activity. The median closed price remained stable at $586,000, down 1% compared to the prior month. Homes spent a median of 37 days on the market, five days longer than in August, giving buyers more time to evaluate options. New listings rose 6% month-over-month, providing additional choices for buyers. Overall, the market continues to offer a balanced environment, with both buyers and sellers navigating a stable, moderately active landscape.
Denver Metro Rental Market
The Denver metro rental market displayed a mix of trends this month. A total of 323 properties were leased in September 2025, a 13% increase compared to last year. The median leased price in September 2025 was $2,670, down slightly by 1% compared to 2024, and the median leased price per square foot remained steady at $1.69, consistent with the previous year. Rental properties spent a median of 32 days in the MLS, up just one day year over year. For landlords, this suggests the importance of competitive pricing and property maintenance. Tenants may benefit from increased options and more time to negotiate favorable lease terms.