First American Market Report

Castle Rock, CO

Condos/Townhomes

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Castle Rock, CO

Sun Jul 12 2020
This week the median list price for Castle Rock, CO is $415,000 with the market action index hovering around 44. This is an increase over last month's market action index of 38. Inventory has held steady at or around 17. 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

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

Sun Jul 12 2020
This week the median list price for Castle Rock, CO is $415,000 with the market action index hovering around 44. This is an increase over last month's market action index of 38. Inventory has held steady at or around 17. 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

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 $415,000
Per Square Foot $156
Days on Market 75
Price Decreased 59%
Price Increased 12%
Relisted 0%
Inventory 17
Median Rent $1,560
Most Expensive $525,000
Least Expensive $198,611
Market Action 44
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
$500,500 2,702 4,500 - 6,500 sqft 3 3 0 0 0 70
$418,990 2,702 0 - 4,500 sqft 3 2 0 0 0 91
$411,990 2,529 0 - 4,500 sqft 3 3 1 0 1 75
$369,990 1,320 0 - 4,500 sqft 2 2 0 0 3 67