Local Pulse – January 2025

mark@city2summitrealty.com | 720.257.1541 | www.city2summitrealty.com
  • An increase in showing activity over the holidays suggests that more buyers are entering the market and are ready to start transacting real estate in the new year.
  • While the Denver market in 2025 may bring “more of the same,” consistency has its benefits. Despite high interest rates, home values continued to appreciate. With no promise of lower rates ahead, buyers may grow more willing to make offers.
  • Condos are pulling out all the stops to attract buyers, offering incentives like free parking and prepaid HOA dues. For buyers looking for a deal, condos are a great option!
  • The Downtown Development Authority has approved $570 million in tax-funded projects over the next 13 years. These projects aim to support housing, jobs, culture, parks and mobility renovations as part of a
    “downtown renaissance” in Denver.
  • Denver’s median asking rent fell to $1,710 last month, a 5.7 percent year-over-year decrease. This ranks Denver sixth among 10 major metros experiencing weakening rental markets.

 
Local Events | Denver

McGregor Skate 
at McGregor Square Plaza offers a magical winter skating experience for all ages! Lace up your skates (rentals available) or bring your own, with kids under 2 and seniors 65+ always skating free. Warm up with hot chocolate at the outdoor bar and enjoy a perfect winter outing in the heart of the city!

The National Western Stock Show
 is one of the world’s top Western spectacles! Dust off your cowboy boots and head to the National Western Complex each January for rodeos, livestock shows, and more. Mark your calendars for January 11–26, 2025, to experience the excitement firsthand!Click HERE for tickets!
Real estate questions? Wondering how the market looks at the moment? Just want to say hello? 
Don’t hesitate to call me – I’d love to chat!
 
mark@city2summitrealty.com | 720.257.1541 | www.city2summitrealty.com
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