Real Estate News and Things To Do!

The latest information about the Denver metro real estate market and happenings in our community.

Author

Todd Holmes
April 03, 2025

Happy Spring! With the first quarter of 2025 in the books, I’ve compiled some market data to help you better understand the current real estate market. Additionally, read ahead to find some home maintenance tips and local things to do.

Are you considering a move this year? Contact me and let’s talk about your plans. I’d be glad to discuss my marketing program for selling real estate along with my successful buying strategies.

Why hire me as your agent? I’ve summarized what I do for both buyers and sellers. Click here for more information.

Todd Holmes, RE/MAX Alliance
Broker Associate, Realtor® 
Serving residential buyers and sellers in the Denver metro area!
📧 [email protected]
📞 (303) 570-3419
🖥️ http://www.toddholmesrealestate.com

I was recognized as a Five Star Real Estate Agent for the 12th time in my career. This award is greatly appreciated since it is based on direct client feedback.

Surveys are sent to recent buyers and sellers to evaluate my performance. Awarded agents must meet production levels and maintain a clean compliance record.

Thank you to my clients for this recognition. If you or someone you know are looking for a qualified agent, have confidence that I possess the experience and knowledge to help you achieve your real estate goals. Click here for more information.

Table of Contents

Q1 Market Report

Inventory is up! While this is normal for the Spring season, most neighborhoods are seeing a larger jump in available homes. This is great news for home buyers but adds a little more competition for sellers. Now more than ever, home sellers need to establish the correct list price and have their home staged to sell.

Before I get too far along, the following charts are based on data from Single Family Home listings in the following counties: Adams, Arapahoe, Broomfield, Denver, Douglas, and Jefferson.

This chart compares the number of active listings to sold listings for the first quarter of the past few years. While inventory is on the rise, sales have remained stable. When this gap occurs, most listings take a little longer to sell.

In the coming months, I am expecting to see inventory continue to increase with a stable volume of home sales.

The next chart tracks the price of active listings compared to sold listings. Besides a dip in 2023, home values have remained relatively stable.

During this period of time, home sellers have been listing their properties for an increasing price. Higher list prices tend to increase the time it takes to sell a home (see Days on Market chart).

When the market stabilizes, watch for more listings to lower their price to entice more buyer interest.

This chart shows the average number of days it is taking for a listing to reach a signed contract.

Buyer demand was extremely high in 2022 before the rate increases later that year. This metric has been stable since then, but the most recent year has seen a significant 19% increase.

Expectations for the Coming Months?

Buyer demand and housing inventory typically peak in the Spring months. Experts predict demand to be strong. With higher list prices and mortgage rates holding around 6%, the real estate market can expect stability for the coming months with moderate price declines later in the year.

Questions remain about the upcoming tariffs and economic uncertainty, and how it might impact the housing market. If the economy falls into a recession, home values tend to rise and mortgage rates usually decline. I continue to monitor the changing economic conditions and how it impacts my client’s plans.

What Happens to Home Values?

What Happens to Mortgage Rates?

Do you have more questions? Contact me. I’d be glad to answer your questions.

8 Easy Mistakes Homeowners Make on Their Taxes

Don’t rouse the IRS or pay more taxes than necessary — know the score to avoid common tax mistakes.

We know all too well that taxes are unavoidable. But you can avoid expenses that stem from your own home-related tax mistakes. In fact, those oversights can not only cost you money but also lead to a contact from the IRS, say the tax pros. And no one wants either of those outcomes, right?

As you prepare your tax returns in 2025 for 2024 income and deductions, be careful not to make any of these eight common tax mistakes, especially when it comes to the property tax deduction or the mortgage interest deduction.

This article provides general information about tax laws and consequences but shouldn't be relied upon as tax or legal advice applicable to particular transactions or circumstances. Consult a tax professional for such advice.

Memorial Day and Summer Kick-Off

During Memorial Day weekend (May 23–26, 2025) and the following week, enjoy high-energy events such as the Outside Festival, live music (hint: DJ Fisher is hosting an epic outdoor block party), stunning museum exhibitions, outdoor activities and urban excitement like street art, outdoor and patio dining, and craft beer along the Denver Beer Trail.

Projected Closing Dates for Colorado Ski Resorts

Many major Colorado destinations will remain open through April. Some could keep the lifts spinning for longer. Here are the latest projections for closing dates around the high country.

Arapahoe Basin, Mary Jane: Staying open as long as possible, conditions permitting

Aspen Highlands, Beaver Creek, Silverton: April 13

Aspen Mountain, Snowmass, Steamboat, Vail, Eldora: April 20

Buttermilk, Crested Butte, Monarch Mountain, Powderhorn, Telluride, Wolf Creek, Keystone: April 6

Copper Mountain, Loveland, Breckenridge: May 11

Purgatory: Daily through April 13, weekends through April 27

Winter Park: April 27

Your business is important to me and I’m always available for your questions. Don’t hesitate to reach out for any of your real estate questions (or general community knowledge). I work hard to be your trusted real estate advisor - even if you are not selling soon.

But, if you do have plans to move, contact me today. I’m here for you and your referrals!