Heat of Summer Real Estate Update🏠

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

Author

Todd Holmes
August 20, 2025

I hope you are enjoying a great Summer! The Denver metro area and our mountain communities have so many fun events and things to do. Be sure to make the most of these ideal Colorado days!

The real estate market looks more like a buyer’s market lately. These are the key factors impacting housing right now:

  • Inventory is at record highs

  • Mortgage rates have declined a little (will rates keep going down?)

  • Sellers are ready to make a deal

Click here to jump to my brief market summary.

Do you or someone you know have plans to buy or sell? Contact me and let’s talk about your plans. I’m always available for you and your referrals.

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

Table of Contents

Market Update - August 2025

As we progress through the summer months, the local real estate market is being impacted by the following factors:

  1. Mortgage Rates in the 6’s

  2. High Inventory

  3. Buyer Demand

The real estate market usually transitions to more of a buyer’s market in the Fall. With high inventory, declining rates, and motivated sellers, the Fall buyer’s market could be more pronounced this year.

As of last week, mortgage rates were reported at 6.58% but have declined for two weeks in a row (Source: Federal Reserve Bank of St. Louis). Lower mortgage rates impact a buyer’s purchasing power and increase the number of homes that a buyer might target. Last month, the average number of days a listing was active in the MLS was 36 days which is a significant increase over last year. Economic uncertainty and higher rates are keeping many would be home buyers on the sidelines. Hopefully we will see an improvement here.

Sellers are in a challenging situation, but certain properties are still selling quickly. Homes that are in good condition, updated, and PRICED RIGHT are still selling faster than the market averages. Savvy sellers are also willing to negotiate and even offer concessions to increase buyer demand. Overall, median home values are nearly the same as last Summer but are trending lower (see chart below).

According to the South Metro Denver Realtor Association (SMDRA), we are in a buyer’s market without the buyers. If we see mortgage rates decline, experts predict that demand will increase which will stabilize the housing market.

Do you have more questions? Contact me. I’m just a call, text, or email away from your helping you with what you need.

My Listings

New Listing in Aurora

8252 S. Jackson Gap Ct. in Aurora
Offered at $595,000
Upscale, low maintenance, ranch style attached single family home in a great neighborhood. Convenient location near Southlands, E-470, and many parks.

Denver Condo For Sale

799 Dahlia St. #201
Offered at $279,900
Spacious two-bedroom, two-bathroom condominium in Denver’s Hale neighborhood. Walk to shops, restaurants, and parks.

Recently Sold

1699 S. Trenton St. #174
SOLD
$318,000

Updated South Denver townhouse sold after just three days on the market! The seller did an amazing job getting the home ready for sale with new flooring, interior paint, and minor repairs. Congratulations!

SOLD - two-bedroom townhouse in Denver.

Why is My Lawn Turning Brown? How Can it be Fixed?

Many homeowners love the sight of a lush, green lawn. If they notice brown spots emerging, however, the love turns to concern about how to fix them. Those unsightly brown spots or bare patches detract from a lawn's beauty and often signal underlying issues that need attention.

What Causes Brown Spots in Grass and How to Treat Them

Understanding what’s creating the brown spots will help you choose the right remedy.

Fungus Stems from Poor Lawn Care

The most common cause of brown spots in grass is fungus, says Monica Rose, founder of Dallas Design and Exteriors, a Dallas-based landscaping design company. Fungus can result from environmental conditions or poor lawn care practices.

Best Colorado Fall Color Destinations

As summer fades and crisp air fills the mountains, Colorado transforms into a breathtaking tapestry of gold, amber and crimson. We are fortunate to have amazing destinations to enjoy the amazing Fall colors.

Pro Tip: It's easy to get caught up in the moment when viewing fall colors on a scenic drive. For the best photos, Do Colorado Right by choosing a spot in a safe, designated parking area to really bask in fall's beauty. Keep in mind that these destinations are popular for leaf peeping, especially during peak weekends. Try visiting during lesser traveled times on weekdays to enjoy more of the colorful vistas. And while you're keeping an eye out for the golds, ambers, and reds, don't forget to also look for pedestrians that may be taking in the scenery as well.

Trivia

What town is known as the Wildflower Capital of Colorado?

Five Star Real Estate Agent - 2025

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.

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!