First Integrity Title Market Report

Castle Rock, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Castle Rock, CO

Tue Jun 25 2019
This week the median list price for Castle Rock, CO is $577,623 with the market action index hovering around 44. This is less than last month's market action index of 45. Inventory has held steady at or around 360. Click here to stay informed with the Castle Rock 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

The market has started cooling and prices have been flat for several weeks. Since 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 Rock, CO

Tue Jun 25 2019
This week the median list price for Castle Rock, CO is $577,623 with the market action index hovering around 44. This is less than last month's market action index of 45. Inventory has held steady at or around 360. Click here to stay informed with the Castle Rock 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

The market has started cooling and prices have been flat for several weeks. Since 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 Rock market.
Median List Price $577,623
Per Square Foot $150
Days on Market 75
Price Decreased 41%
Price Increased 4%
Relisted 11%
Inventory 360
Median House Rent $2,348
Most Expensive $4,800,000
Least Expensive $339,000
Market Action Index
Slight Seller's Advantage
44

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
$1,565,000 6,486 1 - 2.5 acres 5 5 16 5 8 171
$650,950 4,813 0.25 - 0.5 acre 4 3 6 11 11 60
$529,900 3,795 6,500 - 8,000 sqft 4 3 5 12 12 43
$450,000 3,028 6,500 - 8,000 sqft 4 2 10 21 25 27