Should You Still Expect a Bidding War in 2025?

Should You Still Expect a Bidding War in 2025? If you are planning to buy or sell, here is the straight answer. Multiple-offer situations still happen, but they are far less common than in recent years. Buyers often have more time to decide and more room to negotiate. Sellers who price strategically and present their homes well can still create strong demand.

This guide explains what is changing nationally, why local inventory conditions matter, and how to position yourself for success. I am Kim Obert, your Breckenridge and Summit County real estate expert and the only AI Certified Agent in Summit County. I combine AI powered precision with local intuition to help you move with confidence.

If you are asking yourself, “Are bidding wars still happening in today’s housing market?” the answer is: not nearly as often as before.

While multiple-offer situations have not completely disappeared, they are far less common than they were in recent years. That is good news for buyers who want more time, more flexibility, and less pressure when making a move.

Are Bidding Wars Still Common?

Here is a quick look at how things have changed:

• June 2025: Only 1 in 5 homes (20%) received multiple offers.

• June 2024: About 31% of homes faced bidding wars.

• June 2023: Nearly 39% of homes sparked multiple offers.

That is a steady decline, giving buyers today more breathing room and negotiating power than they have had in years.

Why It Depends on Where You Are Buying

Real estate is always local. National trends tell part of the story, but your experience will vary depending on inventory and demand in your area.

• Low-inventory markets: Still competitive, with nearly 1 in 3 homes receiving multiple offers.

• High-inventory markets: Cooling down, with as few as 1 in 20 homes attracting more than one offer.

In Breckenridge and Summit County, where homes are often in high demand, conditions can shift quickly. That is why working with a local expert matters, someone who understands both the national picture and the micro-trends right here in the Rockies.

Sellers Are More Flexible in 2025

Another major shift is that sellers are more open to negotiation. According to industry reports, nearly half of all sellers are offering concessions such as:

• Covering buyer closing costs

• Offering repair credits

• Adjusting their asking price

This is a significant change from just a few years ago, when buyers often had to waive inspections or appraisals just to compete.

Quick Q&A: Real Estate Bidding Wars in 2025

Q: Are bidding wars still happening in 2025?

• Yes, but far less often. Only 20% of homes faced multiple offers in June 2025.

Q: Why do some markets still see competition?

• Areas with fewer homes for sale (low inventory) still spark bidding wars.

Q: What is different for buyers now?

• More time to make decisions

• More room to negotiate

• More sellers offering concessions

The Bottom Line

If fear of bidding wars has been keeping you on the sidelines, now may be the time to step back in. Competition has eased, sellers are more flexible, and buyers have opportunities they simply did not before.

Are you planning to sell or buy a home in Breckenridge or Summit County?

I am one of the few A.I. Certified Agents in the world and the only one in Summit County. That means I bring AI-powered precision combined with local intuition, giving you access to marketing strategies most traditional agents do not even know exist.

Call/Text: +1 970-390-3711
Email: kim@kimobert.com
Visit: kimobert.com

I am Kim Obert, your Breckenridge real estate expert and the only A.I. Certified Agent in Summit County.

AI-powered precision, local intuition.

—𝑲𝒊𝒎 𝑶𝒃𝒆𝒓𝒕
Your AI-Certified Realtor | Breckenridge, CO | Summit County, CO