First Integrity Title Market Report

Castle Rock, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 888-636-0372



Castle Rock, CO

Wed Oct 04 2023
This week the median list price for Castle Rock, CO is $774,250 with the market action index hovering around 43. This is less than last month's market action index of 44. Inventory has increased to 256. Click here to stay informed with the Castle Rock market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Rock, CO

Wed Oct 04 2023
This week the median list price for Castle Rock, CO is $774,250 with the market action index hovering around 43. This is less than last month's market action index of 44. Inventory has increased to 256. Click here to stay informed with the Castle Rock market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Rock market.
Median List Price $774,250
Median Price of New Listings $669,475
Per Square Foot $215
Average Days on Market 69
Median Days on Market 49
Price Decreased 55%
Price Increased 2%
Relisted 8%
Inventory 256
Median Rent
Market Action 43
Slight Seller's Advantage

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
$1,800,000 5,615 1 - 2.5 acres 5 4.5 17 1 3 56
$909,475 4,750 8,000 - 10,000 sqft 4 3.5 8 7 8 73
$699,000 3,629 6,500 - 8,000 sqft 4 3 12 9 5 42
$619,950 3,056 4,500 - 6,500 sqft 3 2.5 11 17 5 28