With national tariffs putting Fed policy on hold, Denver's detached home sales turn toward a balanced inventory level. Buyers have more options with resale inventory above 8500 units currently. Historically, the metro area requires a 6-month supply level to be in balance, where buyers and sellers are on equal footing. Certain areas like Downtown Denver are favoring buyers with supply averaging close to 200 homes at all price levels and an average day on market at 61 days. For the detached market, the average home is $700,000 and finds a buyer similarly within 60 days currently. Do not be mistaken, interest rates are on hold for the near term and have dropped from recent highs. As of 4/3/2025, the 30 year mortgage rate was at 6.65%. Speak with a MASONmodern agent today for further insight to specific neighborhoods.
New Year - Supply and Rates in Focus