First American Market Report

Castle Pines, CO 80108

Condos/Townhomes

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Castle Pines, CO 80108

Sun Jul 12 2020
This week the median list price for Castle Pines, CO 80108 is $525,000 with the market action index hovering around 20. This is an increase over last month's market action index of 10. Inventory has held steady at or around 5. Click here to stay informed with the Castle Pines market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Castle Pines, CO 80108

Sun Jul 12 2020
This week the median list price for Castle Pines, CO 80108 is $525,000 with the market action index hovering around 20. This is an increase over last month's market action index of 10. Inventory has held steady at or around 5. Click here to stay informed with the Castle Pines market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Castle Pines market.
Median List Price $525,000
Per Square Foot $169
Days on Market 127
Price Decreased 80%
Price Increased 0%
Relisted 0%
Inventory 5
Median Rent
Most Expensive $589,000
Least Expensive $480,000
Market Action 20
Slight Buyer's Advantage

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$589,000 3,476 0 - 4,500 sqft 3 3 0 0 0 84
$547,000 3,234 0 - 4,500 sqft 3 2 1 0 1 231
$525,000 3,476 0 - 4,500 sqft 3 2 1 0 0 231
$502,000 2,454 0 - 4,500 sqft 2 2 9 0 1 45