Metro Denver Snapshot - July 30th through August 12th
The Market in Numbers
13,134 Active Units
↓ 0.3% Week over Week
861 Closed Units
↑ 20.3% Week over Week
3.3 Months of Supply
↑ 0.1% Week over Week
921 Pending Units
↓ 0.4% Week over Week
33 Median Days on Market (DOM)
↓ 8.3% Week over Week
14,400 Total Showings
↑ 1.7% Week over Week
*(July 30th - August 5th)
12,902 Active Units
↓ 1.8% Week over Week
724 Closed Units
↓ 15.9% Week over Week
3.2 Months of Supply
↓ 2.4% Week over Week
927 Pending Units
↑ 0.7% Week over Week
39 Median Days on Market (DOM)
↑ 18.2% Week over Week
14,509 Total Showings
↑ 7.6% Week over Week
*(August 6th - August 12th)
Back-to-school season is here! As families settle into new routines and focus shifts to the start of the school year, the market naturally takes a brief pause. With Labor Day right around the corner, it's the perfect time for both buyers and sellers to catch their breath and plan their next move strategically.
Inventory is beginning to dip, which is typical as we head into fall. Fewer new listings are hitting the market, and sellers are increasingly choosing to wait until the high-demand window of February through April. That means serious sellers still active right now are likely motivated—and buyers may find less competition in this quieter stretch. “Coming Soon” listings are holding steady, with a slight uptick, giving us a preview of what’s ahead.
Pending transactions are steady, showing that committed buyers are still out there. While activity isn’t surging, predictive month’s supply is holding and trending slightly higher than last year—a sign of a market that's balancing. The odds of selling even ticked up slightly this week, and while they’re still lower than last year, this small rise is encouraging for active sellers.
Showings are on the rise both week over week and compared to this time last year. Buyers are engaged, even if they’re taking a thoughtful approach. For sellers, this means there’s real interest—but standing out is key. On average, it’s taking more than 15 showings to secure a contract, so preparation and presentation matter more than ever.
Median days on market dipped briefly and have since edged up again. While homes are generally taking a bit longer to sell than they did last year, the gap is narrowing—another sign that the market is finding its rhythm.
Price reductions remain a common tool for sellers, with over half of homes under contract seeing at least one adjustment. However, that’s not necessarily bad news—it shows that when pricing aligns with market expectations, buyers are ready to act. The average price cut is slightly higher than last year, offering savvy buyers potential value while keeping deals moving forward.
Whether you're buying or getting ready to sell, this season brings fresh opportunities and exciting potential. With a little less hustle and bustle, it’s the perfect time to plan your next move with clarity and confidence. Buyers can explore without pressure, and sellers have the chance to stand out with the right strategy. The market may be shifting, but great things are still happening. As always I am here to help you navigate these market changes!
~ Claire ◡̈
Source: First American Title, data supplied by REcolorado®