First Integrity Title Market Report

Castle Pines, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Castle Pines, CO

Tue Feb 19 2019
This week the median list price for Castle Pines, CO is $767,450 with the market action index hovering around 40. This is an increase over last month's market action index of 37. Inventory has held steady at or around 22. Click here to stay informed with the Castle Pines market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Castle Pines, CO

Tue Feb 19 2019
This week the median list price for Castle Pines, CO is $767,450 with the market action index hovering around 40. This is an increase over last month's market action index of 37. Inventory has held steady at or around 22. Click here to stay informed with the Castle Pines market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Castle Pines market.
Median List Price $767,450
Per Square Foot $158
Days on Market 109
Price Decreased 45%
Price Increased 5%
Relisted 0%
Inventory 22
Median House Rent $2,610
Most Expensive $2,475,000
Least Expensive $539,900
Market Action Index
Slight Seller's Advantage
40

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,895,000 6,968 0.25 - 0.5 acre 5 5 12 0 0 177
$995,000 4,836 8,000 - 10,000 sqft 4 3 16 1 1 107
$694,450 4,746 0.25 - 0.5 acre 5 4 16 0 1 54
$587,000 3,857 8,000 - 10,000 sqft 3 3 19 0 3 107