Updated
Updated · denvergazette.com · Jun 12
Colorado Home Prices Rise 1.7% as Denver Market Defies Crash Narrative
Updated
Updated · denvergazette.com · Jun 12

Colorado Home Prices Rise 1.7% as Denver Market Defies Crash Narrative

1 articles · Updated · denvergazette.com · Jun 12

Summary

  • Colorado’s median single-family home price rose 1.7% from a month earlier in the latest Realtors report, extending spring gains statewide and in metro Denver.
  • Buyer demand stayed firm despite slower activity: new listings fell 5% year over year, pending contracts rose 2.7%, and agents captured 98.8% of asking price.
  • The report also showed mixed but stable conditions, with sold listings down 2.5%, affordability little changed, and condos and townhomes beginning to stabilize after recent weakness.
  • That resilience comes even as Colorado added only 33,151 residents from 2024 to 2025—about 60% below 2015 growth—with agents saying higher-income out-of-state buyers are helping support prices.
  • Foreclosure filings remain below the national average, and some agents say the roughly 11,500 homes listed across the seven-county Denver area point to a balanced market rather than a collapse.

Insights

Is Colorado’s housing market resilient, or just increasingly exclusive for wealthy out-of-state buyers?
How long can Colorado’s home prices defy national trends before a market correction occurs?
Will soaring, climate-driven insurance costs become the next barrier to Colorado homeownership?