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December 2025 Denver Metro Real Estate Market Trends Report

January 9, 2026

FULL DECEMBER REPORT

The December real estate market in the Denver Metro Area followed a predictable seasonal pattern, with new listings, pending sales, and overall activity slowing as the holidays took priority. Despite the seasonal cooldown, the market showed resilience and balance. A total of 3,100 homes closed in December 2025, reflecting just a 2% decrease year over year. Pending listings landed at 2,198, down 4% from last December, and new listings also declined 4%, coming in at 1,774.

The median closed price held steady at $574,000, showing only a 1% dip compared to last year, signaling stabilization rather than market softness. Homes spent a median of 47 days in the MLS, an increase of 6 days year over year, reflecting a more balanced pace where pricing strategy and negotiation matter again, without the frenzy of recent years.

Market experts continue to highlight that this shift isn’t a sign of concern, it’s the market returning to a healthy, sustainable rhythm after multiple years of accelerated appreciation and bidding competition. Inventory, demand, and pricing remain solid, and historical seasonal trends point to increased activity again as spring approaches.

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