Is Castlewood Ranch, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Castlewood Ranch is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Castlewood Ranch was a Neutral Market.

Key Takeaway

Castlewood Ranch is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Castlewood Ranch, CO

How much do homes in Castlewood Ranch, CO cost?

Median Sold Price

$593,252

$274/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$13,252(+2.3%)

Key Takeaway

Homes in Castlewood Ranch have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in Castlewood Ranch was $593,252 in October 2024, up 2.3% from last year, and the median price per square foot was $274.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $500K$500K
0.0%
4 $758.4K$789K
+4.0%
5+ $986.5K$877.5K
-11.0%

Summary: Castlewood Ranch 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 did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 11%.

Housing Supply in Castlewood Ranch, CO

How many homes are available in Castlewood Ranch, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2224+9.1%

Summary: The Castlewood Ranch real estate market had 24 homes for sale in October 2024, a 9.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 89
+12.5%
4 810
+25.0%
5+ 65
-16.7%

Summary: The Castlewood Ranch 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 remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
660.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Castlewood Ranch, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Castlewood Ranch in October 2024, the same as the previous month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.

Days on Market for Castlewood Ranch, CO

How long does it take to sell a home in Castlewood Ranch, CO?

Average Sale Time

Oct 2023Oct 2024CHANGE
50 Days57 Days+15.7%

Summary: Homes in Castlewood Ranch had an average of 57 days on market in Oct 2024, up by 15.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Castlewood Ranch has remained consistent over time.

Summary: During October 2024, 6 homes were sold in Castlewood Ranch; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% 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 16 Days Ago

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