$4,952 Closing Credit*
$417,000
1,147 SqFt
2 Beds
•1 Full Bath, 1 Partial
M. Kay Watson, Listing Office: MB K WATSON PROP
Is Castlewood, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Castlewood has remained a Seller's 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 November 2023
+$20,000(+3.3%)
Key Takeaway
Homes in Castlewood have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Castlewood was $625,000 in November 2024, up 3.3% from last year, and the median price per square foot was $328.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $315K | $311.2K | -1.2% |
| 2 Bedrooms | $358K | $388K | +8.4% |
| 3 Bedrooms | $696.5K | $632.5K | -9.2% |
| 4 Bedrooms | $665K | $651K | -2.1% |
| 5+ Bedrooms | $787.4K | $674.9K | -14.3% |
Summary: Castlewood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.2%, 2 bedroom homes increased by 8.4%, 3 bedroom homes decreased by 9.2%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes decreased by 14.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Inverness / Dove Valley | $453.7K | $487.5K | +7.4% |
| Castlewood | $605K | $625K | +3.3% |
| Walnut Hills | $705K | $650K | -7.8% |
Housing Supply in Castlewood, CO
How many homes are available in Castlewood, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 30 | -11.8% |
Summary: The Castlewood real estate market had 30 homes for sale in November 2024, a 11.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 10 | 8 | -20.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Castlewood housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Castlewood, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Castlewood in November 2024, down by 33.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 7 Days | 28 Days | +270.6% |
Summary: Homes in Castlewood had an average of 28 days on market in Nov 2024, up by 270.6% compared to last year.
Breakdown of Home Sale Times
3 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 November 2024, 6 homes were sold in Castlewood; 50% of homes were sold within 30 days, 50% 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. 