Is Castle Rock, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Castle Rock has remained a Seller's Market.
Housing Prices in Castle Rock, CO
How much do homes in Castle Rock, CO cost?
Median Sold Price
$674,190
$273/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Castle Rock was $674,190 in June 2024, down 2.1% from last year, and the median price per square foot was $273.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $210K | $295K | +40.5% |
2 Bedrooms | $454K | $500K | +10.1% |
3 Bedrooms | $575K | $585K | +1.7% |
4 Bedrooms | $732.5K | $723.8K | -1.2% |
5+ Bedrooms | $854.1K | $850K | -0.5% |
Summary: Castle Rock housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40.5%, 2 bedroom homes increased by 10.1%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes decreased by 0.5%.
Median Sold Price Compared To Nearby Cities
Castle Pines North | $925K | $979K | +5.8% |
Sedalia | $774.7K | $763.3K | -1.5% |
Castle Rock | $688.8K | $674.1K | -2.1% |
Housing Supply in Castle Rock, CO
How many homes are available in Castle Rock, CO?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
704 | 777 | +10.4% |
Summary: The Castle Rock real estate market had 777 homes for sale in June 2024, a 10.4% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 6 | -14.3% |
2 Bedrooms | 69 | 75 | +8.7% |
3 Bedrooms | 201 | 222 | +10.4% |
4 Bedrooms | 241 | 277 | +14.9% |
5+ Bedrooms | 186 | 197 | +5.9% |
Summary: The Castle Rock housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 14.9%, and 5+ bedroom homes increased by 5.9%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
171 | 135 | -21.1% |
Asking Price vs. Sold Price
53 Homes Were Sold
Under Asking
52 Homes Were Sold
At Asking
30 Homes Were Sold
Over Asking
Summary: A total of 135 homes were sold or pending in Castle Rock in June 2024, down by 21.1% month-over-month. Of the 135 sold homes, 39% were sold under asking, 39% were sold at asking, and 22% were sold over asking.
Days on Market for Castle Rock, CO
How long does it take to sell a home in Castle Rock, CO?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
28 Days | 35 Days | +23.3% |
Summary: Homes in Castle Rock had an average of 35 days on market in Jun 2024, up by 23.3% compared to last year.
Breakdown of Home Sale Times
86 Homes Were Sold
Under 30 Days
35 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During June 2024, 135 homes were sold in Castle Rock; 64% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.