Castle Rock Monthly Market Update – Single Family Homes

Castle Rock Single Family Homes (Detached)

Information provided by IRES and Metrolist Information Services.

Castle Rock SINGLE FAMILY HOMES 2018 YTD 2019 % Change
Total Units Sold 1806 100 Insufficient YTD Data
Average Sales Price $558,920 $554,204 -.8%
Median Sales Price $472,830 $467,400 -1.1%
Average Days to Contract 54 58 +74%

(Single Family Homes – % Under Contract)

SINGLE FAMILY HOMES Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
UNDER $500k                 42% 37% 46% 45% 50%
$500K – $750k                 30% 37% 38% 35% 42%
$750k-$1MM                 32% 38% 29% 20% 17%
$1mm+                 9% 6% 5% 5% 16%
OVERALL % U/C                 31% 33% 35% 32.5 39%

 

(Single Family Homes – Inventory)

SINGLE FAMILY HOMES Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
                  614 602 524 400 435

 

(Single Family Homes – # Sold)

SINGLE FAMILY HOMES Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
                  120 121 122 139 98

 

(Single Family Homes – Absorption Rate in Months) Based off 6-month sales average

SINGLE FAMILY HOMES Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
                    5 4.3 3.19 3.63