First American Market Report

Castle Pines, CO 80108

Condos/Townhomes

First American Title | 303.305.1350 | www.firstam.com/title/co


Castle Pines, CO 80108

Fri Feb 21 2020
This week the median list price for Castle Pines, CO 80108 is $571,100 with the market action index hovering around 21. This is less than last month's market action index of 24. 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

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Castle Pines, CO 80108

Fri Feb 21 2020
This week the median list price for Castle Pines, CO 80108 is $571,100 with the market action index hovering around 21. This is less than last month's market action index of 24. 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

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Castle Pines market.
Median List Price $571,100
Per Square Foot $167
Days on Market 73
Price Decreased 0%
Price Increased 0%
Relisted 80%
Inventory 5
Median Rent
Most Expensive $599,600
Least Expensive $415,000
Market Action 21
Slight Buyer's Advantage

Price trends in this zip code continued their recent uptrend this week. While still below the market's high point, we've seen a nice run recently.

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
$599,600 3,234 0 - 4,500 sqft 3 2 1 0 0 91
$576,500 2,954 0 - 4,500 sqft 3 3 1 0 0 91
$571,100 3,476 0 - 4,500 sqft 3 2 1 0 0 91
$490,750 3,029 0 - 4,500 sqft 2 2 10 1 0 45