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LUXURY MARKET ($1,000,000+): "This segment isn't about slashing prices until someone swipes right - with an increase of 25.45 percent in new listings from this time last year, it's about understanding that you can't market and price your way out of the public's uncertain mindset. The buyers who can tune out anxiety and are financially able want the property that makes sense for them today and for their near futures. And right now, that's a much smaller, much more selective group than in previous months and years. Sellers in this price point are likely better positioned to absorb a decrease in value on the sell side and negotiate favorable terms on their next purchase. Sometimes, the perfect match isn't about finding someone who will pay list price, but someone who recognizes the property's value at the right price." - Keri Duffy, DMAR Market Trends Committee Member & Denver REALTOR® -
SIGNATURE MARKET ($750,000 - $999,999): "As summer vacations come to an end and economic uncertainty lingers, those navigating Denver's $750,000 to $999,999 market remain intentional yet cautious. Buyers continue to search patiently for homes that meet all of their needs, while sellers are becoming better prepared and adjusting to shifting market conditions. Thanks to both sides working together, deals are still making it to the closing table. A positive glimmer appeared in pending sales, however, which delivered noticeable year-over-year gains in July, rising by 8.26 percent within this market segment. This could be a signal that buyers in the Mile High City are becoming "unstuck," no longer waiting for economic certainty, which may not come anytime soon." - Michelle Schwinghammer, DMAR Market Trends Committee Member & Denver REALTOR®. -
PREMIER MARKET ($500,000 - $749,999) "July began with fireworks and ended with back-to-school shopping. That seasonal transition - from peak summer fun to preparing for the remainder of the year - was mirrored in the $500,000 to $749,999 price segment of the real estate market. While the number of sold single-family detached properties in this price point surged, other indicators, such as average days in MLS, showed signs of slowing. As we shift from summer into fall, sellers would be wise to remember this quote from Bobby Unser: "Success is where preparation and opportunity meet." Patience is easier said than done, but no less necessary. Navigating a seasonal shift and rising inventory requires a skilled professional more than ever." - Andrew Abrams, DMAR Market Trends Committee Member, and Denver REALTOR®. *Remarks from Pages 14-15 of the July 2025 Market Trends Report from DMAR | | |
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