Is Castle Rock, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$674,980
$274/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Castle Rock was $674,980 in March 2024, up 0.7% from last year, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $231K | $237.5K | +2.8% |
2 Bedrooms | $505K | $475K | -5.9% |
3 Bedrooms | $595.1K | $588K | -1.2% |
4 Bedrooms | $713.3K | $725K | +1.6% |
5+ Bedrooms | $860K | $850K | -1.2% |
Summary: Castle Rock housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.8%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes decreased by 1.2%.
Median Sold Price Compared To Nearby Cities
Castle Pines North | $899.1K | $953K | +6.0% |
Castle Rock | $670.3K | $674.9K | +0.7% |
Sedalia | $742.6K | $735.7K | -0.9% |
Housing Supply in Castle Rock, CO
How many homes are available in Castle Rock, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
686 | 773 | +12.7% |
Summary: The Castle Rock real estate market had 773 homes for sale in March 2024, a 12.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 67 | 74 | +10.4% |
3 Bedrooms | 212 | 211 | -0.5% |
4 Bedrooms | 242 | 286 | +18.2% |
5+ Bedrooms | 162 | 200 | +23.5% |
Summary: The Castle Rock housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 10.4%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 23.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
183 | 212 | +15.8% |
Asking Price vs. Sold Price
84 Homes Were Sold
Under Asking
54 Homes Were Sold
At Asking
74 Homes Were Sold
Over Asking
Summary: A total of 212 homes were sold or pending in Castle Rock in March 2024, up by 15.8% month-over-month. Of the 212 sold homes, 40% were sold under asking, 25% were sold at asking, and 35% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
42 Days | 45 Days | +7.2% |
Summary: Homes in Castle Rock had an average of 45 days on market in Mar 2024, up by 7.2% compared to last year.
Breakdown of Home Sale Times
132 Homes Were Sold
Under 30 Days
34 Homes Were Sold
In 30 - 90 Days
46 Homes Were Sold
Over 90 Days
Summary: During March 2024, 212 homes were sold in Castle Rock; 62% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.