Is Castle Pines North, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Castle Pines North has remained a Seller's Market.
Housing Prices in Castle Pines North, CO
How much do homes in Castle Pines North, CO cost?
Median Sold Price
$988,000
$287/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Castle Pines North was $988,000 in May 2024, up 5.7% from last year, and the median price per square foot was $287.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $535.5K | $692.5K | +29.3% |
3 Bedrooms | $760K | $731K | -3.8% |
4 Bedrooms | $894.5K | $950K | +6.2% |
5+ Bedrooms | $1.2M | $1.1M | -4.1% |
Summary: Castle Pines North housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 29.3%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes decreased by 4.1%.
Median Sold Price Compared To Nearby Cities
Castle Pines North | $935K | $988K | +5.7% |
Sedalia | $761.7K | $763.1K | 0.2% |
Housing Supply in Castle Pines North, CO
How many homes are available in Castle Pines North, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
93 | 123 | +32.3% |
Summary: The Castle Pines North real estate market had 123 homes for sale in May 2024, a 32.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 7 | +75.0% |
3 Bedrooms | 27 | 32 | +18.5% |
4 Bedrooms | 24 | 35 | +45.8% |
5+ Bedrooms | 38 | 49 | +28.9% |
Summary: The Castle Pines North housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 75%, 3 bedroom homes increased by 18.5%, 4 bedroom homes increased by 45.8%, and 5+ bedroom homes increased by 28.9%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
20 | 31 | +55.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in Castle Pines North in May 2024, up by 55.0% month-over-month. Of the 31 sold homes, 52% were sold under asking, 32% were sold at asking, and 16% were sold over asking.
Days on Market for Castle Pines North, CO
How long does it take to sell a home in Castle Pines North, CO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
46 Days | 48 Days | +4.9% |
Summary: Homes in Castle Pines North had an average of 48 days on market in May 2024, up by 4.9% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 31 homes were sold in Castle Pines North; 68% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.