By David Schlichter
While the average sale price in August 2025 was up nominally year-over-year, the number of homes for sale increased notably by 13.5%, and the number of homes sold decreased by 6.9%. The substantial increase in the supply of homes for sale compared to the material decrease in the demand led to much longer days on market and Denver actually leading the nation in price reductions.
We are finding lots of opportunities for our buyer clients in this market, and we are working incredibly hard to get our sellers' listings sold. If you or someone you know is looking to buy and/or sell a home, please reach out to us today -- we would love to get to work on your behalf!
Source: REColorado and ShowingTime, residential, all property types, August 2024 vs. August 2025, July 2025 vs. August 2025 [accessed 09/02/2025].
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