Spring is in full swing, and the Colorado real estate market is heating up—literally and figuratively. May marks the transition from winter hibernation to high-energy house hunting. Whether you're looking to buy your dream cabin or sell your city condo, staying on top of the latest trends will give you the edge.
Here’s a quick breakdown of what’s happening in Colorado’s real estate market this May—and what it means for both buyers and sellers.
1. Inventory Is Rising (But Still Tight)
More listings are hitting the market across the Front Range, foothills, and mountain towns, but inventory remains below historical averages.
🏘️ What this means:
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Buyers have more choices than in winter—but you still need to move fast
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Sellers can expect solid activity, especially on well-prepped homes
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Rural and mountain homes are seeing increased attention from remote workers and lifestyle buyers
2. Prices Are Holding Steady (With Pockets of Growth)
While Denver metro prices have plateaued in some neighborhoods, mountain markets and lifestyle-driven communities like Evergreen, Conifer, and Golden are seeing modest appreciation.
💰 Median sale prices:
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Denver Metro: ~$610,000
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Evergreen/Conifer: ~$750,000+
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Colorado Springs: ~$475,000
🏡 Well-staged, energy-efficient homes are commanding higher-than-expected offers.
3. Interest Rates Are Still a Factor
Rates have ticked up slightly this spring, hovering around 6.75%–7.1% for most conventional loans.
📉 This impacts:
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Buyer affordability
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Negotiation leverage
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Refinancing strategies for move-up sellers
Tip for buyers: Get pre-approved and lock your rate early.
Tip for sellers: Price realistically and highlight value—don’t chase comps from last spring.
4. Seasonal Trends Are Kicking In
May is when Colorado buyers come out in full force:
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Longer daylight hours = more showings
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Snow-free lots = better property presentation
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Families are planning summer moves before school starts
🛠️ Sellers should make small repairs and boost curb appeal now to get ahead of summer inventory spikes.
5. Active Buyers Are Motivated—Not Just Browsing
This spring's buyers aren’t just tire-kicking. With limited supply and rising rents, many are ready to move, especially those relocating from out of state or investing in second homes.
🎯 Key buyer profiles this month:
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Remote professionals seeking mountain homes
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Investors looking for short-term rental potential
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First-time buyers chasing early-summer closings
Our Take: It’s a Strategic Season
May is the moment for both sides to act with strategy. Buyers: prep your finances and be ready to act fast. Sellers: don’t wait until summer crowds the field—get your home listed now while attention is high and competition is manageable.
Need help buying or selling in this market? That’s what we’re here for.
📞 Contact Us
🏡 Moxie Property Group
📞 (303) 578-1220
💻 [email protected]
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