Buyers & Sellers – May 2025 Front Range Real Estate Update

Chelsea Steen
6 days ago
3 min read

Photo of people buying and selling homes in Colorado

Spring has officially taken root along the Front Range, and with it, the real estate market is waking up. While activity isn't as frenzied as in past years, April brought meaningful movement, particularly in the mid-priced segments. Whether you’re buying or selling, success in today’s market comes down to preparation, pricing, and presentation.

April 2025 Market Snapshot

Closed Listings: 3,883 (down 2.9% year-over-year, but up 4.63% from March) This is good news for buyers, and it means sellers must not overprice and their home must stand out in the market.
Median Closed Price: $607,000(up .83% Year over year). This shows that appreciation has slowed, but prices are still increasing.
Average Days in the MLS: 37 days (down slightly from March)
Pending Listings: 4,349 (down slightly from March)

Activity by Price Segment

$500K–$749K: This range remains the most competitive, making up nearly 48% of April's closings.
$1M+: High-end homes saw slower movement, with an average of 67 days on market, the highest of any segment.
Under $500K: Inventory remains tight, with many buyers vying for fewer listings.

Advice for Sellers: Stand Out from the Start

The spring market has brought more listings and more discerning buyers. Selling a home today isn’t about waiting for the highest bidder — it's about strategy.

1. Price to Attract, Not to Test

Overpriced homes are sitting. Period. The first 10 days on the market are critical. If your home isn’t generating strong interest early on, buyers will assume something is wrong. Early price reductions are the key to selling a home for the highest price.

2. Maximize Curb Appeal

From updated landscaping to fresh paint, first impressions sell homes. Over 90% of buyers begin their search online, so your exterior photos can make or break showings.

3. Prepare for Concessions

Sellers provided concessions in 42.7% of April closings, often to buy down interest rates or address inspection items. Build this into your pricing strategy so you don’t get caught off guard.

Advice for Buyers: Get Competitive Without Overpaying

April’s numbers tell a story of cautious optimism. There is opportunity, but buyers need to bring more than just enthusiasm to the table.

1. Be Financially Bulletproof

A pre-qualification letter isn’t enough. Get fully underwritten approval before you shop. This speeds up your process and makes you far more attractive to sellers.

2. Be Strategic, Not Desperate

In hot segments, escalation clauses and flexible terms (like a post-closing occupancy agreement) can give you the edge. But avoid waiving key protections unless you’re fully aware of the risks.

3. Target the Right Price Band

Homes between $500K and $749K are moving quickly, so if that’s your range, be ready to act. Above $1M? You have more room to negotiate.

4. Don’t Waive Contingencies — Be Smart About Them

Shorten your deadlines or focus on the most important items. This keeps your offer strong, especially when making an offer on the newest popular listings.

2 people shaking hands and signing a contract to buy a home

Closing Thoughts

The Front Range market is balanced but unforgiving of missteps. Sellers need to put their best foot forward immediately and not overprice, while buyers must be ready to move quickly with clean, well- prepared offers. The opportunities are there — but only for those who do the work upfront.

Whether you're gearing up to list or getting ready to buy, success starts with preparation and a smart strategy. Ready to make your move? Let’s talk.