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Town comparisons › Castle Pines vs Franktown

Castle Pines vs Franktown

Castle Pines and Franktown are both in Douglas County. There are 74 homes for sale in Castle Pines and 47 in Franktown as this page loaded. Franktown is the more expensive of the two: a median asking price of $1,695,000 against $899,500 in Castle Pines, about 88% higher. Homes are moving faster in Castle Pines — a median of 83 days on market against 89 in Franktown. Castle Pines is a balanced market right now and Franktown is a buyer's market.

Side by side

MeasureCastle PinesFranktown
Homes for sale7447
New in last 30 days2213
Median asking price$899,500$1,695,000
Median price per sq ft$304$370
Median size (sq ft)3,3984,860
Median bedrooms45
Median days on market8389
Months of supply3.27.1
Sold, last 12 months28179
Median sold price$965,000$1,273,000
Median days to sell84101
Sold vs asking price99.0%98.0%

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

Castle Pines 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.
Franktown is a buyer's marketOver six months of supply means there are more homes for sale than the current pace of sales absorbs. Buyers have choice and time, and sellers usually have to compete on price or condition.

Castle Pines

74
Homes for sale
$899,500
Median asking price
$304
Median per sq ft
83
Median days on market

Franktown

47
Homes for sale
$1,695,000
Median asking price
$370
Median per sq ft
89
Median days on market

Look at either town on its own

Questions people ask

Is Castle Pines or Franktown more expensive?

Franktown is more expensive. The median asking price is $1,695,000 in Franktown against $899,500 in Castle Pines. By price per square foot, Castle Pines runs $304 and Franktown $370.

Which moves faster, Castle Pines or Franktown?

Homes for sale in Castle Pines have been on the market a median of 83 days, against 89 days in Franktown. Of the homes that actually closed in the last twelve months, Castle Pines took a median of 84 days and Franktown 101.

Is Castle Pines or Franktown the better market for a buyer?

Castle Pines is a balanced market and Franktown is a buyer's market, measured on months of supply — 3.2 months in Castle Pines and 7.1 in Franktown. More months of supply means more choice and more room to negotiate, so on that measure Franktown 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 Castle Pines and Franktown?

There are 74 homes for sale in Castle Pines and 47 in Franktown as this page loaded, 22 and 13 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.