First Integrity Title Market Report

Castle Rock, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Castle Rock, CO

Wed Dec 07 2022
This week the median list price for Castle Rock, CO is $699,990 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has decreased to 228. 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 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 Rock, CO

Wed Dec 07 2022
This week the median list price for Castle Rock, CO is $699,990 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has decreased to 228. 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 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 Rock market.
Median List Price $699,990
Median Price of New Listings $659,990
Per Square Foot $218
Average Days on Market 81
Median Days on Market 63
Price Decreased 64%
Price Increased 2%
Relisted 16%
Inventory 228
Median Rent
Market Action 40
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
$1,615,500 5,467 0.5 - 1 acre 4 5 18 1 7 77
$779,300 4,151 6,500 - 8,000 sqft 4 3 1 4 4 70
$660,000 3,249 6,500 - 8,000 sqft 4 3 4 3 5 84
$575,000 2,222 4,500 - 6,500 sqft 3 3 18 5 8 49