March 2025 | Market Update

Market at a Glance | March 2025

We’re squarely in the spring market now, and there’s a lot to report on the Northern Colorado real estate front. Nationally, the mood is watchful — with some anxiety surrounding potential federal changes — but regionally, the signs are clear: inventory is up, prices are stable or rising, and buyer demand is meeting supply in most areas. Simply put, the Northern Colorado housing market remains robust.

Employment remains a powerful stabilizer. With major regional employers keeping payrolls steady, our economic foundation continues to support a healthy real estate climate. Let’s break down what we’re seeing across the data — and what it means for your real estate strategy.

Inventory Is Up — Across the Board

A major shift this spring is the noticeable rise in homes available for sale. Increased inventory gives buyers more choice and helps reduce pressure in previously tight markets. The growth is widespread:

• Berthoud: up 36% year-over-year

• Timnath: up 49%

• Longmont: up 39%

• Fort Collins: up 19%

• Denver Metro: up 58%

Zooming out, Northern Colorado as a whole has 2,486 active listings, up 35% from last year. Boulder Valley listings climbed 43%, now at 1,110. While these increases might suggest an approaching buyer’s market, the reality is more balanced — thanks to resilient demand.

Buyer Demand Is Absorbing New Inventory

When listings rise, it’s natural to anticipate price reductions or slowing sales. That hasn’t happened here. Instead, closings are up, and months of inventory remain tight — indicating that buyers are meeting the moment.

• Berthoud: closed sales up 44%

• Windsor: up 32%

• Longmont: up 15%

• Fort Collins: up 6.2% (from 176 to 187 closings)

• Estes Park: up 10.5%

• Weld County: up 4.3%, despite a 34% inventory jump

Most cities are still operating well below the six-month “balanced market” metric:

• Fort Collins: 1.8 months

• Longmont: 2.5 months

• Berthoud: 3.7 months

• Loveland: 2.4 months

• Windsor: 2.9 months

• Timnath: 4.3 months

The only notable exception is Estes Park, at 5.7 months. However, as a seasonal market influenced by tourism, inventory typically surges in spring/summer and absorbs by late summer.

Prices Are Holding — Or Climbing

Despite media speculation around price softening, the numbers tell a different story. Prices across nearly all major cities are up, with no markets reporting declines in average sale price year-over-year:

• Evergreen: ↑ 12% — driven by renewed interest in retreat-style living

• Timnath: ↑ 4% — buoyed by luxury demand and new development

• Loveland: ↑ 3%

• Fort Collins: ↑ 2%

• Estes Park: ↑ 3.3%

• Berthoud: ↑ 0.6%

• Larimer County (detached homes): ↑ 2.9%

• Weld County (detached homes): ↑ 2.8%

Even attached homes, which saw some softening in past quarters, are steady or showing light appreciation — except in Berthoud and Timnath, where they’re down 7.9% and 8.3%, respectively. These could be areas of opportunity for buyers looking to enter appreciating markets at a more affordable price point.

Spring Momentum: Lower Rates, Better Timing, Smarter Moves

Spring 2025 brings more than sunshine and tulips — it brings new momentum. Mortgage interest rates have ticked slightly downward, improving affordability for buyers at just the right time. Meanwhile, sellers have an opportunity to take advantage of a sweet spot: elevated demand and relatively limited competition per listing.

In several neighborhoods, well-prepared homes are receiving multiple offers and above-list price contracts. Pricing and strategy still matter — but well-positioned homes are winning.

Our Take: A Strategic Market for Both Sides

This is one of those rare windows where both buyers and sellers have advantages — if they’re well-informed and well-advised.

• For Sellers: Our 3-Phase Marketing Strategy is built to capture early demand, create urgency, and attract competitive offers. This is the season to list with impact.

• For Buyers: Our Compass One dashboard offers real-time collaboration, giving you an edge in a competitive market. Speed, clarity, and readiness are essential — and we give you all three.

Final Thought

Northern Colorado’s real estate market is sending a clear signal: it’s active, stable, and full of opportunity. If you’re wondering how this evolving data applies to your situation — whether you're buying, selling, or simply staying informed — we’d love to have a conversation.