First Integrity Title Market Report

Castle Rock, CO

Single-Family Homes

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Castle Rock, CO

Mon Dec 02 2024
This week the median list price for Castle Rock, CO is $819,934 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has decreased to 388. 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

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Castle Rock, CO

Mon Dec 02 2024
This week the median list price for Castle Rock, CO is $819,934 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has decreased to 388. 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

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Castle Rock market.
Median List Price $819,934
Median Price of New Listings $680,000
Per Square Foot $281
Average Days on Market 84
Median Days on Market 63
Price Decreased 54%
Price Increased 9%
Relisted 8%
Inventory 388
Median Rent
Market Action 36
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change 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
$1,697,000 4,989 0.25 - 0.5 acre 4 4.3 14 5 9 98
$939,950 4,130 0.25 - 0.5 acre 4 3.5 0 2 10 49
$719,999 2,907 6,500 - 8,000 sqft 4 2.5 6 8 11 56
$584,000 1,945 4,500 - 6,500 sqft 3 2.5 19 10 15 49