First Integrity Title Market Report

Castle Pines, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Castle Pines, CO

Wed Jun 16 2021
This week the median list price for Castle Pines, CO is $897,000 with the market action index hovering around 81. This is less than last month's market action index of 88. Inventory has increased to 17. 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.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Castle Pines, CO

Wed Jun 16 2021
This week the median list price for Castle Pines, CO is $897,000 with the market action index hovering around 81. This is less than last month's market action index of 88. Inventory has increased to 17. 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.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Castle Pines market.
Median List Price $897,000
Median Price of New Listings $875,000
Per Square Foot $197
Average Days on Market 10
Median Days on Market 7
Price Decreased 12%
Price Increased 12%
Relisted 6%
Inventory 17
Median Rent $2,500
Market Action 81
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$1,350,000 5,917 0.25 - 0.5 acre 5 5 10 2 1 3
$995,852 5,606 0.25 - 0.5 acre 5 4 1 1 0 14
$850,000 4,453 8,000 - 10,000 sqft 5 5 20 4 0 0
$775,000 3,781 6,500 - 8,000 sqft 5 4 17 2 2 14