First Integrity Title Market Report

Castle Pines, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Castle Pines, CO

Sun Aug 01 2021
This week the median list price for Castle Pines, CO is $855,000 with the market action index hovering around 75. This is less than last month's market action index of 79. Inventory has decreased 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 over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Castle Pines, CO

Sun Aug 01 2021
This week the median list price for Castle Pines, CO is $855,000 with the market action index hovering around 75. This is less than last month's market action index of 79. Inventory has decreased 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 over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Castle Pines market.
Median List Price $855,000
Median Price of New Listings $768,371
Per Square Foot $203
Average Days on Market 23
Median Days on Market 21
Price Decreased 47%
Price Increased 12%
Relisted 0%
Inventory 17
Median Rent $3,150
Market Action 75
Strong Seller's Market

The market seems to have paused around this plateau. This week prices eased down a bit.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
$1,790,000 6,758 0.25 - 0.5 acre 5 6 9 0 2 28
$968,023 4,613 8,000 - 10,000 sqft 4 4 8 0 0 21
$845,000 4,805 6,500 - 8,000 sqft 4 4 11 1 1 21
$775,000 3,876 6,500 - 8,000 sqft 4 4 17 1 2 14