Why listing in May and on Thursday works

Denver Real Estate Market Trends for 2025
According to a recent Zillow report, Denver homes, along with those in 16 other major metropolitan areas, listed in late May sold for an average of 1.6% more, typically around $5,600, compared to homes listed at other times of the year.
Zillow research also indicates that listing your home on a Thursday can lead to a quicker sale and a higher price. Homes listed on Thursdays tend to go pending faster than those listed on any other day, as buyers are eager to view new listings over the weekend.
On the other hand, homes listed on Sundays generally stay on the market longer, with Saturday and Monday listings also taking more time to sell than those listed on Thursday.
However, a national analysis by Realtor.com shows that the ideal week to list a home is April 13 to 19. Historically, homes sold during that week in April sell for prices 1.1% higher than the average for the entire year and typically 6.7% higher than prices at the beginning of the year.
If 2025 follows the seasonal patterns of previous years, the national median listing price could exceed the average week by $4,800 and be $27,000 higher than at the start of the year.
Buyers Put Down Bigger Down Payments
Recent data from Redfin shows that the median down payment in Denver was $84,427 in December, or 15% of the home’s purchase price. This is 13% higher than the previous year, as homebuyers are paying more upfront to reduce their monthly payments with mortgage rates remaining near 7%.
Nationally, the median down payment increased to about 16% of the purchase price, up from 15% a year ago, with the average amount rising by around $4,000 to more than $63,000 due to escalating home prices. Buyers who make a down payment of at least 20% can avoid the additional expense of private mortgage insurance.
More Cash Down Payments
Approximately 27% of homebuyers in the Denver metro area make all-cash down payments, according to Redfin. A survey also reveals that younger buyers are using cash gifts from family for their down payments.
36% of potential millennial or Gen Z homebuyers receive cash gifts from family to use for their down payments, with 16% planning to use an inheritance to help buy a home.
Pending Sales Canceled
In January, one in seven or 14% of pending home sales were canceled nationally, as reported by Redfin. In the Denver metro area, 15% of pending sales were canceled in January, up from 14% in January 2024.
The news and editorial staffs of JS had no role in this post’s preparation.