As we reflect on 2024, it’s clear that the Denver real estate market has continued to thrive, showcasing resilience and adaptability. Jack has taken a deep dive into the numbers, and here are the key highlights:

2024 Market Performance

• Total Closings: In 2024, there were an impressive 41,496 closings, surpassing the numbers from 2023. This reflects strong activity in the market despite ongoing challenges.
• Median Home Prices: The median home price climbed to $580,000, continuing the upward trend we’ve seen in recent years. This growth demonstrates the strong demand and value in the Denver metro area.

What’s Ahead for 2025?

Looking forward, we’re anticipating a 10% increase in sales in 2025. However, this growth won’t be driven by a drop in interest rates. Instead, it’s a testament to how buyers and sellers have adapted to the unique dynamics of the Denver metro real estate market. From navigating interest rate fluctuations to understanding inventory trends, people are finding creative ways to achieve their goals.

Why This Matters

The Denver real estate market continues to evolve, offering opportunities for both buyers and sellers. As a real estate professional, my goal is to help you stay informed and prepared, whether you’re looking to buy your first home, sell your property, or make strategic investments.

Watch the Full Update

For a more detailed breakdown, check out the video where Jack walks through the stats and trends shaping our market.

If you have questions about what these changes mean for you, let’s connect! I’m here to provide guidance and help you navigate the Denver real estate landscape with confidence.

Let’s Talk Real Estate!
Thinking about buying or selling in 2025? Reach out today, and let’s craft a strategy that works for you.

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