$4,263 Closing Credit*
$359,000
1,120 SqFt
2 Beds
•2 Full Baths
Aaron Levin, Listing Office: Wahlen Properties
Is Castlewood, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Castlewood was a Neutral Market.
Key Takeaway
Castlewood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Castlewood, CO
How much do homes in Castlewood, CO cost?
Median Sold Price
$625,000
$328/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$135,000(+27.6%)
Key Takeaway
Homes in Castlewood have sold for 27.6% more than they did a year ago.
Summary: The median home sold price in Castlewood was $625,000 in October 2024, up 27.6% from last year, and the median price per square foot was $328.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $315K | $307.5K | -2.4% |
| 2 Bedrooms | $358K | $388K | +8.4% |
| 3 Bedrooms | $619K | $640K | +3.4% |
| 4 Bedrooms | $675K | $650K | -3.7% |
| 5+ Bedrooms | $787.4K | $717K | -8.9% |
Summary: Castlewood housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.4%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 8.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Castlewood | $490K | $625K | +27.6% |
| Walnut Hills | $665K | $650K | -2.3% |
Housing Supply in Castlewood, CO
How many homes are available in Castlewood, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 33 | +10.0% |
Summary: The Castlewood real estate market had 33 homes for sale in October 2024, a 10.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 4 | 8 | +100.0% |
| 4 Bedrooms | 13 | 10 | -23.1% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Castlewood housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Castlewood, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Castlewood in October 2024, up by 33.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for Castlewood, CO
How long does it take to sell a home in Castlewood, CO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 21 Days | -43.2% |
Summary: Homes in Castlewood had an average of 21 days on market in Oct 2024, down by 43.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Castlewood are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Castlewood; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
©2024 METROLIST, INC., DBA RECOLORADO® - All Rights Reserved. 