Denver realtors set to discuss 2025 housing market expectations at annual summit [Video]

Post author By Curator
Post date January 10, 2025

DENVER — The Denver Metro Association of Realtors (DMAR) hosts its annual economic summit Thursday.

The group is set to discuss housing trends, the economy, employment numbers and businesses coming or going in the metro area, according to Amanda Snitker, chair of the DMAR Market Trend Committee.

DMAR recently released its market trend report for the year, and it shows the median sale price for homes was $590,000.

“Prices have not decreased in the median over the full year or compared to last year, but they’re stabilizing. We’re not seeing a huge growth like we saw in the pandemic years. It’s kind of stabilizing out,” Snitker said.

Economists thought we’d see mortgage interest rates drop in the second part of 2024, according to Snitker, but that’s not what happened.

“I think a lot of buyers were holding off and waiting. They were waiting to get a better interest rate after …

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