Is Castle Rock, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$674,500
$273/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Castle Rock was $674,500 in April 2024, down 0.8% from last year, and the median price per square foot was $273.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $220K | $430K | +95.5% |
2 Bedrooms | $487.5K | $470K | -3.6% |
3 Bedrooms | $589K | $585K | -0.7% |
4 Bedrooms | $745K | $712.5K | -4.4% |
5+ Bedrooms | $885K | $850K | -4.0% |
Summary: Castle Rock housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 95.5%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes decreased by 4%.
Median Sold Price Compared To Nearby Cities
Sedalia | $769.2K | $775.5K | +0.8% |
Castle Rock | $680K | $674.5K | -0.8% |
Castle Pines North | $975K | $960K | -1.5% |
Housing Supply in Castle Rock, CO
How many homes are available in Castle Rock, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
394 | 585 | +48.5% |
Summary: The Castle Rock real estate market had 585 homes for sale in April 2024, a 48.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 40 | 53 | +32.5% |
3 Bedrooms | 105 | 158 | +50.5% |
4 Bedrooms | 142 | 208 | +46.5% |
5+ Bedrooms | 106 | 163 | +53.8% |
Summary: The Castle Rock housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 32.5%, 3 bedroom homes increased by 50.5%, 4 bedroom homes increased by 46.5%, and 5+ bedroom homes increased by 53.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
68 | 130 | +91.2% |
Asking Price vs. Sold Price
57 Homes Were Sold
Under Asking
40 Homes Were Sold
At Asking
33 Homes Were Sold
Over Asking
Summary: A total of 130 homes were sold or pending in Castle Rock in April 2024, up by 91.2% month-over-month. Of the 130 sold homes, 44% were sold under asking, 31% were sold at asking, and 25% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 33 Days | +53.1% |
Summary: Homes in Castle Rock had an average of 33 days on market in Apr 2024, up by 53.1% compared to last year.
Breakdown of Home Sale Times
96 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Summary: During April 2024, 130 homes were sold in Castle Rock; 74% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.