Is Castle Pines Village, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Castle Pines Village is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Castle Pines Village was a Seller's Market.

Key Takeaway

Castle Pines Village is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Castle Pines Village, CO

How much do homes in Castle Pines Village, CO cost?

Median Sold Price

$1,617,500

$352/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$62,500(+4.0%)

Key Takeaway

Homes in Castle Pines Village have sold for 4% more than they did a year ago.

Summary: The median home sold price in Castle Pines Village was $1,617,500 in April 2024, up 4% from last year, and the median price per square foot was $352.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $1.2M$1.1M
-7.1%
4 $1.5M$1.6M
+4.4%
5+ $1.8M$1.9M
+3.5%

Summary: Castle Pines Village housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 3.5%.

Housing Supply in Castle Pines Village, CO

How many homes are available in Castle Pines Village, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2935+20.7%

Summary: The Castle Pines Village real estate market had 35 homes for sale in April 2024, a 20.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 58
+60.0%
4 1313
0.0%
5+ 1114
+27.3%

Summary: The Castle Pines Village housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 27.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Castle Pines Village, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Castle Pines Village in April 2024, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Castle Pines Village, CO

How long does it take to sell a home in Castle Pines Village, CO?

Average Sale Time

Apr 2023Apr 2024CHANGE
76 Days55 Days-27.3%

Summary: Homes in Castle Pines Village had an average of 55 days on market in Apr 2024, down by 27.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Castle Pines Village has remained consistent over time.

Summary: During April 2024, 4 homes were sold in Castle Pines Village; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 11 Days Ago

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