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 November 2023

At the same time last year, Castle Pines North was a Buyer'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

$925,000

$297/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$35,000(-3.6%)

Key Takeaway

Homes in Castle Pines North have sold for 3.6% less than they did a year ago.

Summary: The median home sold price in Castle Pines North was $925,000 in November 2024, down 3.6% from last year, and the median price per square foot was $297.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $572K$600K
+4.9%
3 $773K$700K
-9.4%
4 $867.5K$916K
+5.6%
5+ $1.2M$1.1M
-12.0%

Summary: Castle Pines North housing prices by bedroom type for November 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 decreased by 9.4%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 12%.

Median Sold Price Compared To Nearby Cities

Castle Pines North
-3.6%
Sedalia
-5.7%

Housing Supply in Castle Pines North, CO

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
116106-8.6%

Summary: The Castle Pines North real estate market had 106 homes for sale in November 2024, a 8.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 88
0.0%
3 3228
-12.5%
4 4338
-11.6%
5+ 3332
-3.0%

Summary: The Castle Pines North housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 11.6%, and 5+ bedroom homes decreased by 3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1924+26.3%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 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. 79.2% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Castle Pines North in November 2024, up by 26.3% month-over-month. Of the 24 sold homes, 79% were sold under asking, 8% were sold at asking, and 13% 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

Nov 2023Nov 2024CHANGE
38 Days50 Days+32.8%

Summary: Homes in Castle Pines North had an average of 50 days on market in Nov 2024, up by 32.8% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Castle Pines North has remained consistent over time.

Summary: During November 2024, 24 homes were sold in Castle Pines North; 33% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 13% 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 22 Days Ago

Newest Listings in Castle Pines North, CO

Nearby Markets to Castle Pines North, CO

What housing markets are near Castle Pines North, CO?