Your Local Market Report

Castle Rock, CO

Condos/Townhomes

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Castle Rock, CO

Tue Mar 02 2021
This week the median list price for Castle Rock, CO is $538,250 with the market action index hovering around 65. This is less than last month's market action index of 67. Inventory has held steady at or around 4. 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

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Castle Rock, CO

Tue Mar 02 2021
This week the median list price for Castle Rock, CO is $538,250 with the market action index hovering around 65. This is less than last month's market action index of 67. Inventory has held steady at or around 4. 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

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Castle Rock market.
Median List Price $538,250
Per Square Foot $200
Days on Market 21
Price Decreased 0%
Price Increased 25%
Relisted 0%
Inventory 4
Median Rent $1,849
Most Expensive $575,000
Least Expensive $509,000
Market Action 65
Strong Seller's Market

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

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
$575,000 3,600 0 - 4,500 sqft 3 4 37 1 0 0
$553,500 2,586 0 - 4,500 sqft 3 3 1 0 0 28
$523,000 2,803 0 - 4,500 sqft 3 2 0 0 0 21
$509,000 1,963 4,500 - 6,500 sqft 3 2 0 0 2 21