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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Castle Pines North is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Castle Pines North has remained a Seller's Market.

Key Takeaway

Castle Pines North is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Castle Pines North, CO

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

Median Sold Price

$960,000

$286/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$15,000(-1.5%)

Key Takeaway

Homes in Castle Pines North have sold for 1.5% less than they did a year ago.

Summary: The median home sold price in Castle Pines North was $960,000 in April 2024, down 1.5% from last year, and the median price per square foot was $286.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $571K$599K
+4.9%
3 $720K$777K
+7.9%
4 $889K$937.5K
+5.5%
5+ $1.1M$1.1M
+1.5%

Summary: Castle Pines North 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 increased by 4.9%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 1.5%.

Median Sold Price Compared To Nearby Cities

Sedalia
+0.8%
Castle Pines North
-1.5%

Housing Supply in Castle Pines North, CO

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

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5580+45.5%

Summary: The Castle Pines North real estate market had 80 homes for sale in April 2024, a 45.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 1823
+27.8%
4 1420
+42.9%
5+ 2335
+52.2%

Summary: The Castle Pines North 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 increased by 100%, 3 bedroom homes increased by 27.8%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 52.2%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
621+250.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Castle Pines North, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Castle Pines North in April 2024, up by 250.0% month-over-month. Of the 21 sold homes, 48% were sold under asking, 29% were sold at asking, and 24% 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

Apr 2023Apr 2024CHANGE
10 Days46 Days+339.2%

Summary: Homes in Castle Pines North had an average of 46 days on market in Apr 2024, up by 339.2% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Castle Pines North are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 21 homes were sold in Castle Pines North; 62% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 14% 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 16 Days Ago

Newest Listings in Castle Pines North, CO

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