High Inventory and Price Reductions Define Denver’s Mid-July Housing Market
Denver Real Estate Market Snapshot
The Denver real estate market continues to reflect midsummer cooling trends. From July 14–20, 2025, the average sales price came in at $684,283, homes spent an average of 46 days on market, and buyers had access to 3,905 active listings—a substantial increase from previous years.
To put inventory growth into context:
- July 2021: 1,380 active listings
- July 2023: 1,977
- July 2024: 3,249
- July 2025: 3,905
Though prices have softened from July 2023’s average of $709,471, they remain relatively stable, down just 4%. Homes are spending longer on the market compared to last July (31 days), pointing to increased buyer caution and more negotiation power.
Weekly Activity Breakdown
Here’s a look at key market activity in Denver over the past 7 days:
- New Listings: 337
- Back on Market: 65
- Coming Soon: 57
- Active Listings: 3,905
- Price Reductions: 637
- Price Increases: 37
- Pending Listings: 240
- Sold Listings: 224
- Withdrawn Listings: 83
- Expired Listings: 118
With 637 price reductions this week, sellers are clearly adjusting to buyer expectations in a high-inventory environment.
Denver Real Estate Market Trends
Inventory Peaks for the Season
At nearly 4,000 listings, Denver has reached its highest July inventory level in the past six years. This presents new opportunities for buyers and signals greater competition among sellers.
Sales Prices Ease
The average sales price dropped slightly year over year, coming in at $684,283—down from $709,471 in July 2023. While not a steep drop, it shows some moderation in buyer willingness to pay premium pricing.
Longer Time on Market
Homes are now spending 46 days on the market—up from 31 days in July 2024. Buyers have more time to consider options, but well-prepared listings are still moving.
Sellers Adjusting Quickly
637 price reductions in a single week highlight how rapidly sellers are responding to market signals. Accurate pricing and strategic marketing are key.
What It Means for Buyers and Sellers
For Buyers:
This is one of the most favorable buyer environments we’ve seen in years. With high inventory and increasing price reductions, you have options and leverage. Partner with a local expert like John Grandt and the North Star Team at Compass to navigate opportunities and avoid pitfalls.
For Sellers:
You’re still in a market with healthy demand—but competition is real. Pricing right from day one and working with a trusted advisor is essential to avoid extended time on market.
If you’re thinking about buying or selling in Denver, now is a great time to leverage accurate local insights and expert guidance. Reach out to John Grandt and the North Star Team at Compass to navigate today’s market with confidence.
How Can I Help You With Your Denver Real Estate Needs?
I am consistently among the top real estate agents in Denver and I strive to exceed client expectations.
You May Be Wondering… What is My Home Worth?
Do you wonder what your home is worth in the current market? Do you desire a specific Property Valuation Report that I routinely prepare for my clients? Please contact me.
If you are considering buying or selling, I would appreciate the opportunity to earn your business (or that of a friend you think I could help).
Visit www.northstarcompass.net. Phone: 720.351.8488, or [email protected]
John Grandt
Real Estate Professional | Team Lead
North Star Team at Compass
[email protected]
720.351.8488
