Coldwell Banker

Douglas County: Key Highlights

Summer is in full swing, and the Douglas County housing market remains active — but strategy matters more than ever.

🔹 More Listings, More Choices

  • New listings climbed 21.7% in May (1,072 vs. 881 last year) and are up 19.2% year-to-date.
  • More inventory means buyers have more options than they’ve had in recent years.

🔹 Sales Hold Steady

  • Sold listings rose just over 4% in May and are up 8% year-to-date — a healthy pace in today’s market.
  • The median sold price for May slipped 2.4% year-over-year to $753,500, while the year-to-date median sits at $750,000, up 1.7% from 2024.
  • The average sold price came in at $889,795 for May, down about 2% from last year, but up slightly year-to-date.

🔹 Deals Are Taking Longer

  • Median days on market increased to 49 days in May (up from 42). Year-to-date median days sit at 56, up from 49.
  • The average days on market for May is now 68, showing buyers are taking their time and shopping carefully.

🔹 Sellers Still Command Strong Offers

  • Homes sold for about 99.2% of the list price in May — still strong, but a touch below last year.

🔑 Key Takeaway

More homes on the market means more competition — and buyers are being choosy.

If you’re selling this summer, pricing and presentation are critical to stand out.

If you’re buying, you have more choices — but the best homes are still selling fast.

Summit County: Key Highlights

It’s shaping up to be a tale of two markets in Summit County this summer.

🔹 Single-Family Homes

  • New listings dropped slightly in May (down 4.7% vs. last year) but are up 2.5% year-to-date.
  • Sold listings dipped 7.1% for the month but are up 12.3% year-to-date — showing solid buyer demand.
  • Median sales price fell 6% for May and is down 12.4% year-to-date, landing at $1.95M. However, the average price is up 6% to about $2.56M, reflecting strong activity at the higher end.
  • Average days on market jumped to 79 days — a 31.7% increase vs. last May.
  • Sellers are receiving about 96.4% of asking price on average, slightly down from last year.
  • Key Trend: Larger inventory (+26% year-over-year) means buyers have more choices, and properties are taking longer to sell.

🔹 Condos & Townhomes

  • Sales volume is up 19.7% for May but slightly down year-to-date (–2.4%).
  • New listings rose 11.8% for May, up 9.2% year-to-date.
  • Median sales price is up 8% for May, reaching about $845K, and up 2.2% year-to-date.
  • Average days on market rose sharply to 80 days for May, a 78% jump.
  • Sellers are holding firm, getting an average of 97.6% of list price.
  • Key Trend: Multi-family homes continue to move well, with more new listings hitting the market but some softening on how long they stay active.

🔑 Takeaway for Summer Buyers & Sellers

  • Single-family homes are seeing higher prices at the top end but more days on market and more negotiation. Pricing, staging, and marketing matter more than ever.
  • Condos and townhomes are offering fresh inventory and steady pricing — a good opportunity for buyers wanting to get in before fall.

Thinking about selling or buying in Summit County this summer? Let’s talk strategy so you’re ready for the shift.

Your Colorado Real Estate Expert

Whether you're exploring a new home in Douglas County or dreaming of a luxury retreat in Summit County, I'm here to help you navigate the market.

Thank you for trusting me with your real estate goals, supporting my journey, and being part of this incredible year.


📞 Call or text me at 303-916-8491 to start your 2025 real estate journey today!

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Ryan Wilson


Realtor

M: 303.916.8491

ryan.wilson@cbrealty.com



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