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Town comparisons › Cascade vs Monument

Cascade vs Monument

Cascade and Monument are both in El Paso County. There are 7 homes for sale in Cascade and 137 in Monument as this page loaded. Monument is the more expensive of the two: a median asking price of $824,900 against $579,999 in Cascade, about 42% higher. Homes are moving faster in Cascade — a median of 57 days on market against 87 in Monument. On months of supply both are a balanced market right now.

Side by side

MeasureCascadeMonument
Homes for sale7137
New in last 30 days031
Median asking price$579,999$824,900
Median price per sq ft$256$239
Median size (sq ft)2,5903,444
Median bedrooms34
Median days on market5787
Months of supply5.35.0
Sold, last 12 months16331
Median sold price$553,250$800,000
Median days to sell6272
Sold vs asking price98.0%99.0%

The darker figure in each row is the lower price, the shorter wait or the larger number — which of those is the good news depends entirely on whether you are buying or selling.

What each market is doing

Cascade is a balanced marketBetween three and six months of supply is the range where neither side has the upper hand - well-priced homes sell and buyers still have room to negotiate.
Monument is a balanced marketBetween three and six months of supply is the range where neither side has the upper hand - well-priced homes sell and buyers still have room to negotiate.

Cascade

7
Homes for sale
$579,999
Median asking price
$256
Median per sq ft
57
Median days on market

Monument

137
Homes for sale
$824,900
Median asking price
$239
Median per sq ft
87
Median days on market

Look at either town on its own

Questions people ask

Is Cascade or Monument more expensive?

Monument is more expensive. The median asking price is $824,900 in Monument against $579,999 in Cascade. By price per square foot, Cascade runs $256 and Monument $239.

Which moves faster, Cascade or Monument?

Homes for sale in Cascade have been on the market a median of 57 days, against 87 days in Monument. Of the homes that actually closed in the last twelve months, Cascade took a median of 62 days and Monument 72.

Is Cascade or Monument the better market for a buyer?

Cascade is a balanced market and Monument is a balanced market, measured on months of supply — 5.3 months in Cascade and 5.0 in Monument. More months of supply means more choice and more room to negotiate, so on that measure Cascade is the easier of the two to buy in today. That is the arithmetic, not advice — the right town is the one you want to live in.

How many homes are for sale in Cascade and Monument?

There are 7 homes for sale in Cascade and 137 in Monument as this page loaded, 0 and 31 of them new in the last 30 days.

How current are these figures?

They are not published on a schedule and they are not a monthly snapshot. Both towns are read from the live MLS feed at the same instant, when you open this page, so the two sides are always measured against each other rather than against different weeks.

Both sides of this comparison are recalculated from the live MLS feed at the moment the page loads - neither is a monthly snapshot, and the two are read at the same instant so they are always comparable. Figures cover residential homes for sale; rentals, land and commercial are excluded, as are fractional co-ownership shares, which are priced per share and would distort the medians. Sold figures cover the last twelve complete calendar months. Market data is deemed reliable but not guaranteed - talk to us before making a decision on it.