Local Pulse – December 2024

This is one of the best times of year for buyers to look at homes. Many sellers are eager to finalize their sales before the year ends and often offer more significant discounts than at other times of the year.

Buyers have the opportunity to take more time making decisions, while sellers should focus on staging and pre-inspections to secure top dollar.

Seller concessions, such as buying down interest rates, have become increasingly common.

The real estate outlook for 2025 will largely depend on interest rates and inventory levels. Ultimately, we’ll need to take 2025 month by month, staying flexible and ready to adapt to market shifts as they happen.

Local inventory has been steadily climbing for months.

Denver ranks among the top tech markets in the nation, with tech firms driving 21.4 percent of office leasing activity in 2024 and securing 64.6 percent of venture capital funding.