Is Castle Rock, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Castle Rock was a Seller's Market.
Housing Prices in Castle Rock, WA
How much do homes in Castle Rock, WA cost?
Median Sold Price
$450,000
$259/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 $450,000 in June 2024, up 15.7% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $210K | $385K | +83.3% |
2 Bedrooms | $270K | $336K | +24.4% |
3 Bedrooms | $437K | $430.5K | -1.5% |
4 Bedrooms | $550K | $535K | -2.7% |
5+ Bedrooms | $387.4K | $522.5K | +34.9% |
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 83.3%, 2 bedroom homes increased by 24.4%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 34.9%.
Housing Supply in Castle Rock, WA
How many homes are available in Castle Rock, WA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
81 | 83 | +2.5% |
Summary: The Castle Rock real estate market had 83 homes for sale in June 2024, a 2.5% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 45 | 48 | +6.7% |
4 Bedrooms | 25 | 25 | 0.0% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Castle Rock housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
19 | 12 | -36.8% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Castle Rock in June 2024, down by 36.8% month-over-month. Of the 12 sold homes, 8% were sold under asking, 33% were sold at asking, and 58% were sold over asking.
Days on Market for Castle Rock, WA
How long does it take to sell a home in Castle Rock, WA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
51 Days | 44 Days | -14.0% |
Summary: Homes in Castle Rock had an average of 44 days on market in Jun 2024, down by 14% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During June 2024, 12 homes were sold in Castle Rock; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.