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 neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Castle Pines North is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Castle Pines North, CO

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

Median Sold Price

$939,900

$295/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$10,100(-1.1%)

Key Takeaway

Homes in Castle Pines North have sold for 1.1% less than they did a year ago.

Summary: The median home sold price in Castle Pines North was $939,900 in October 2024, down 1.1% from last year, and the median price per square foot was $295.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $572K$600K
+4.9%
3 $774K$717.5K
-7.3%
4 $867.5K$922K
+6.3%
5+ $1.2M$1.1M
-10.5%

Summary: Castle Pines North housing prices by bedroom type for October 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 7.3%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 10.5%.

Median Sold Price Compared To Nearby Cities

Castle Pines North
-1.1%
Sedalia
-6.4%

Housing Supply in Castle Pines North, CO

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1251250.0%

Summary: The Castle Pines North real estate market had 125 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 78
+14.3%
3 4331
-27.9%
4 3848
+26.3%
5+ 3738
+2.7%

Summary: The Castle Pines North housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 27.9%, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes increased by 2.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2519-24.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was 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. 68.4% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Castle Pines North in October 2024, down by 24.0% month-over-month. Of the 19 sold homes, 68% were sold under asking, 26% were sold at asking, and 5% 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

Oct 2023Oct 2024CHANGE
9 Days52 Days+442.8%

Summary: Homes in Castle Pines North had an average of 52 days on market in Oct 2024, up by 442.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

10 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 October 2024, 19 homes were sold in Castle Pines North; 32% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 16% 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 20 Days Ago

Newest Listings in Castle Pines North, CO

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