Denver Luxury Market Update | August 2025

In this episode, Renee Cohen, Coldwell Banker Global Luxury Realtor in Denver, breaks down the latest numbers for the Greater Denver Metro luxury real estate market. For homes priced $1MM+, August closed with 4.4 months of inventory, an average of 47 days on market (up 10%), and an average sales price of $1,632,164, down just 0.5%.Renee explains what these shifts mean for luxury buyers seeking opportunities in neighborhoods across Denver Metro, and for sellers who want to maximize their home’s value in today’s balanced market. Whether you’re in Cherry Creek, Hilltop, Washington Park, or Highlands Ranch, this update offers clear, data-driven insights into Denver’s evolving luxury housing market.If you’re considering buying or selling a luxury home in Denver, this episode gives you the context you need to make confident decisions.