First Integrity Title Market Report

Castle Rock, CO

Condos/Townhomes

www.FirstIntegrityTitle.com | 888-636-0372


Castle Rock, CO

Fri Apr 26 2024
This week the median list price for Castle Rock, CO is $497,475 with the market action index hovering around 49. This is less than last month's market action index of 52. Inventory has increased to 26. 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.

Strong Seller's Market

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Castle Rock, CO

Fri Apr 26 2024
This week the median list price for Castle Rock, CO is $497,475 with the market action index hovering around 49. This is less than last month's market action index of 52. Inventory has increased to 26. 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.

Strong Seller's Market

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Castle Rock market.
Median List Price $497,475
Median Price of New Listings $0
Per Square Foot $345
Average Days on Market 61
Median Days on Market 35
Price Decreased 38%
Price Increased 0%
Relisted 4%
Inventory 26
Median Rent
Market Action 49
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$807,000 1,821 0 - 4,500 sqft 2 2 3 0 0 31
$605,000 1,825 0 - 4,500 sqft 2 2.3 3 0 2 108
$472,500 1,470 0 - 4,500 sqft 3 2.5 18 0 0 35
$359,900 972 0 - 4,500 sqft 2 2 21 0 0 21