First Integrity Title Market Report

Castle Rock, CO

Condos/Townhomes

www.FirstIntegrityTitle.com | 303.837.9171



Castle Rock, CO

Mon Apr 22 2019
This week the median list price for Castle Rock, CO is $397,450 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has held steady at or around 32. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Castle Rock, CO

Mon Apr 22 2019
This week the median list price for Castle Rock, CO is $397,450 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has held steady at or around 32. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Castle Rock market.
Median List Price $397,450
Per Square Foot $213
Days on Market 55
Price Decreased 22%
Price Increased 13%
Relisted 16%
Inventory 32
Median Apartment Rent $1,828
Most Expensive $899,990
Least Expensive $257,000
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
$757,000 3,552 0 - 4,500 sqft 3 3 17 1 0 105
$414,802 2,895 0 - 4,500 sqft 3 2 1 1 1 58
$386,243 1,712 0 - 4,500 sqft 3 2 0 1 1 35
$361,950 1,626 0 - 4,500 sqft 2 2 8 3 3 21