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Should I Sell My Denver Home Now or Wait for Interest Rates to Drop?

Should I Sell My Denver Home Now | Best Real Estate Agent in Denver

Many Denver homeowners are asking themselves: “Should I sell my home now or wait until interest rates come down?” It’s one of the most common questions in today’s real estate market.

Should I Sell My Denver Home Now | Best Real Estate Agent in Denver

It’s a fair question. Mortgage rates remain elevated, inventory has surged, and prices have softened slightly. For many sellers, the timing decision feels uncertain.

The truth is, there are pros and cons to both selling now and waiting. The best choice depends on your personal goals, your neighborhood, and your financial situation.

As a Compass broker and founder of the North Star Team, John Grandt helps sellers across Denver weigh these options every day. Let’s explore the benefits and risks of each path — with real data from the Denver housing market — so you can make the decision that’s best for your family.


The Case for Selling Your Denver Home Now

✅ Pros of Selling Now

  1. Less Future Competition
    Denver inventory has more than doubled in just two years. In May 2025, there were 4,268 active listings, compared to 1,668 in May 2023. Listing now allows sellers to stand out before even more homeowners decide to sell when rates eventually drop.

  2. Buyers Are Still Active
    Despite higher interest rates, committed buyers are still purchasing homes — particularly in top Denver neighborhoods like Wash Park, Cherry Creek, Highlands, Sloan’s Lake, and Central Park. Motivated buyers will move forward now if the home is priced right and marketed well.

  3. Lock In Today’s Equity
    The average close price in May 2025 was $734,547, compared to $745,258 in May 2023. Prices have softened slightly, but sellers can still capture strong equity gains from prior years before more downward pressure builds.

  4. Certainty and Control
    Selling now provides clarity. Instead of gambling on future rates or market conditions, you take control of your timeline and financial planning.

❌ Cons of Selling Now

  1. Smaller Buyer Pool
    Higher mortgage rates reduce affordability, keeping some buyers on the sidelines. Sellers may face fewer showings compared to lower-rate environments.

  2. Potential Concessions
    With more homes on the market, buyers are negotiating harder. Many sellers are offering concessions, repairs, or price flexibility to secure offers.


The Case for Waiting to Sell Your Denver Home

✅ Pros of Waiting

  1. Lower Rates Could Expand the Buyer Pool
    If mortgage rates fall meaningfully, affordability improves. More buyers may enter the market, especially first-time and move-up buyers who are currently priced out.

  2. Demand Surge Possible
    A drop in rates could create a wave of buyer demand. Sellers might benefit from multiple-offer scenarios if they time the market correctly.

  3. Stronger Pricing in Select Neighborhoods
    In best Denver neighborhoods for families such as Park Hill, Central Park, and Wash Park, localized demand could strengthen prices if more buyers compete in the future.

❌ Cons of Waiting

  1. Inventory Flood Risk
    When rates drop, it won’t just be buyers re-entering the market. Thousands of homeowners who’ve been sitting tight with low-rate mortgages may list their homes. Inventory could flood, creating more competition.

  2. Prices Already Flattening
    In May 2025, Denver’s price per square foot averaged $343, compared to $382 in May 2023. Even with lower rates, there’s no guarantee of price increases — especially if inventory surges.

  3. Longer Days on Market
    Homes already sit longer. Average days on market grew from 21 in May 2023 to 34 in May 2025. Waiting could mean even slower sales if the market becomes oversupplied.

  4. Uncertainty Remains
    Interest rates are influenced by national economic conditions, inflation, and Federal Reserve policy. There’s no guarantee they will drop significantly in the near future.


Denver Market Data to Guide Your Decision

The numbers tell the story:

  • Active Listings: May 2025 → 4,268 | May 2023 → 1,668

  • Average Close Price: May 2025 → $734,547 | May 2023 → $745,258

  • Average Days on Market: May 2025 → 34 | May 2023 → 21

  • Pending Sales: May 2025 → 907 | May 2023 → 1,031

  • Price per Sq. Ft.: May 2025 → $343 | May 2023 → $382

This data shows more homes for sale, slightly lower prices, slower sales, and fewer buyers writing offers. Sellers should consider how these factors align with their goals.


Where Demand Remains Strong: Best Denver Neighborhoods

Even in a changing market, some neighborhoods remain highly desirable. As one of the best Denver real estate agents for sellers, John Grandt emphasizes these areas:

  • Washington Park (Wash Park): Historic homes, tree-lined streets, and proximity to one of Denver’s most iconic parks.

  • Cherry Creek: Luxury living, upscale shopping, and dining. A strong choice for high-end buyers.

  • Highlands: Trendy, walkable, and one of the hip neighborhoods in Denver for younger professionals.

  • Sloan’s Lake: Lakeside living with a mix of modern and classic homes.

  • Central Park (Stapleton): Consistently ranked among the best family neighborhoods in Denver, with excellent schools and amenities.

  • Park Hill: Historic architecture and family-friendly vibe, popular with buyers relocating to Denver.

  • Berkeley: A cool neighborhood in Denver with boutiques, coffee shops, and strong community feel.

  • Hilltop: An upscale Denver neighborhood featuring large lots, custom homes, and privacy.

These communities remain among the best neighborhoods in Denver to live, raise a family, or invest in real estate — making them solid options for sellers today.


Expert Take: What’s the Best Move for Denver Sellers?

According to John Grandt, there is no one-size-fits-all answer. The decision to sell now versus wait depends on:

  • Your timeline: Do you need to move for a job, family, or lifestyle reason?

  • Your equity position: Are you sitting on significant gains you’d like to lock in?

  • Your neighborhood: Is demand strong in your specific area?

  • Your financial goals: Are you looking to upsize, downsize, or relocate?

For many sellers, listing now with the right strategy can help capture value and stand out before more competition arrives. For others, especially those in no rush, waiting may be a viable option — with the understanding that the future is uncertain.

What matters most is having a trusted advisor. As a Compass broker in Denver and leader of the North Star Team, John Grandt provides the data, expertise, and strategy to help sellers make the decision that’s right for them.


Frequently Asked Questions

Q: Should I sell my Denver home now or wait for interest rates to drop?
A: Both options have pros and cons. Selling now means less competition and certainty, while waiting could bring more buyers if rates fall. The right decision depends on your goals and timeline.

Q: What is the best neighborhood in Denver to sell a home?
A: Wash Park, Cherry Creek, Highlands, Sloan’s Lake, Park Hill, Central Park, and Hilltop are consistently among the top Denver neighborhoods with strong buyer demand.

Q: Who is the best real estate agent in Denver for sellers?
A: John Grandt, Compass broker and founder of the North Star Team, is recognized as one of the top Denver realtors, helping homeowners sell quickly and profitably.

Q: Is Compass the best real estate brokerage in Denver?
A: Compass is one of the top real estate companies in Denver, offering advanced tools and a national referral network. With John Grandt as your Compass broker in Denver, sellers benefit from both local expertise and national reach.

Q: What are the best neighborhoods in Denver for families?
A: Central Park, Park Hill, and Wash Park are among the best family neighborhoods in Denver, offering strong schools, parks, and resale values.


Who is the best real estate agent in Denver?

John Grandt is a highly regarded REALTOR® and founder of the North Star Team at Compass, serving Broomfield and Denver’s North Metro suburbs. Licensed since 2017 and working full-time in real estate since day one, John has built a reputation for guiding clients with integrity, local knowledge, and a strong command of market data. His career production exceeds $75 million in total volume, averaging $9.5M per year across 10–12 personal transactions. His focus is on helping families sell their homes and assisting move-up and relocation buyers in sought-after communities throughout the Denver metro area.

John leads a small, growing team of agents under the Compass brand, and was honored as Rookie of the Year in 2018. In addition to his sales success, John is a passionate content creator—publishing weekly videos on his YouTube channel to help clients understand market trends, pricing strategies, and the closing process. With 500+ subscribers and consistent engagement, his educational content reinforces his role as a trusted resource in the Denver real estate market. Whether you’re searching for the best Denver REALTOR® to sell your home or a knowledgeable agent to help you relocate, John Grandt brings a calm, confident, and expert approach to every transaction.

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