First Integrity Title Market Report

Castle Rock, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Castle Rock, CO

Tue Feb 19 2019
This week the median list price for Castle Rock, CO is $579,350 with the market action index hovering around 40. This is an increase over last month's market action index of 37. Inventory has held steady at or around 248. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Castle Rock, CO

Tue Feb 19 2019
This week the median list price for Castle Rock, CO is $579,350 with the market action index hovering around 40. This is an increase over last month's market action index of 37. Inventory has held steady at or around 248. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Castle Rock market.
Median List Price $579,350
Per Square Foot $155
Days on Market 133
Price Decreased 36%
Price Increased 13%
Relisted 14%
Inventory 248
Median House Rent $2,400
Most Expensive $4,900,000
Least Expensive $334,900
Market Action Index
Slight Seller's Advantage
40

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
$1,700,000 6,837 1 - 2.5 acres 5 5 16 3 6 274
$687,000 4,780 8,000 - 10,000 sqft 5 3 3 7 9 114
$524,945 4,068 6,500 - 8,000 sqft 4 3 3 9 8 90
$430,662 2,465 4,500 - 6,500 sqft 3 2 2 12 16 52