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 neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Castlewood Ranch was a Seller's Market.

Key Takeaway

Castlewood Ranch 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 Castlewood Ranch, CO

How much do homes in Castlewood Ranch, CO cost?

Median Sold Price

$589,500

$274/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$45,400(-7.2%)

Key Takeaway

Homes in Castlewood Ranch have sold for 7.2% less than they did a year ago.

Summary: The median home sold price in Castlewood Ranch was $589,500 in November 2024, down 7.2% from last year, and the median price per square foot was $274.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $500K$500K
0.0%
4 $882K$759.2K
-13.9%
5+ $983K$880K
-10.5%

Summary: Castlewood Ranch 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 did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 13.9%, and 5+ bedroom homes decreased by 10.5%.

Housing Supply in Castlewood Ranch, CO

How many homes are available in Castlewood Ranch, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2319-17.4%

Summary: The Castlewood Ranch real estate market had 19 homes for sale in November 2024, a 17.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 911
+22.2%
4 104
-60.0%
5+ 44
0.0%

Summary: The Castlewood Ranch 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 increased by 22.2%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Castlewood Ranch, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Castlewood Ranch in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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

Nov 2023Nov 2024CHANGE
9 Days33 Days+248.3%

Summary: Homes in Castlewood Ranch had an average of 33 days on market in Nov 2024, up by 248.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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 November 2024, 3 homes were sold in Castlewood Ranch; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

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