Market News - Castle Rock CO - January 2013
The Town of Castle Rock is located about 30 minutes South of Denver and enjoys a small population of 50,028, which has inched up about 1,000 per year. Elevation of Castle Rock is 6,202 feet above sea level. The median age is 33, and median household income is $85,933. Castle Rock includes Castle Pines, and many rural farm areas outside the City limits.
The Castle Rock real estate market for the month of January showed an decrease in sales and reflects the time of year and winter weather.
Sales decreased from 98 sales in December to 78 in January
Days on Market increased from 106 days in December to 125 days in January
Average Price increased dramatically from $375,733 in December to $442,421 in January
Average Price/List Price decreased from 97.52% in December to 97.18% in January
There were 6 short sales sold and 3 bank owned foreclosures sold in January
The highest sale was in Castle Pines Village that was built in 2000, had 4 bedrooms, 5 bathrooms, and a 3 car garage and was a short sale on the market for only 143 days. This beauty has 6,871 square feet on 1.56 acres and has spectacular mountain views. **photos courtesy of Metrolist
The January sales breakdown was as follows:
From $0 to $200,000 3 sales
$200,001 to $500,000 51 sales
$500,001 to $999,999 21 sales
$1,000,000+ 3 sales
As of today there are 357 active detached single family homes available in Castle Rock with 8 being short sales and 9 being bank foreclosures. Here are the homes available today in the Town of Castle Rock, please contact me at 720-231-6373.
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