Castle Rock Market Update - June 2014

The Town of Castle Rock is located about 30 minutes (29 miles) South of Denver and enjoys a small population of 51,348, 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 June not much change in sales  over May.   These stats include Castle Pines and Castle Pines Village, single family detached homes as well as multi-family homes, courtesy of Joan Cox, Metro Brokers House to Home, Inc.

Sales decreased from 231 sales in May to 230 in June

 Days on Market decreased from 47 days in May to 37 days in June

 Average Price increased from $387,436 in May to $394,555 in June

 Average Price/List Price increased from 98.96% in May to 103.52% June

There were 3 short sales sold and no bank owned foreclosures sold in May

(Distressed sales are very minimal as home values have increased substantially over the last couple of years.)

 **Photo courtesy of Metrolist

The highest sale was in Castle Pines Village and sold for $2,200,000 that was built in 2004, has 4 bedrooms, 7 bathrooms, and a 4 car garage.  This beautiful custom home has 6,199 total square feet and is located on .9 acres.  This home was only on the market for 75 days.

As of today there are 490 active listings (attached and detached homes) available in Castle Rock with 0 being short sales and 3 being bank foreclosures.   You can use this link to see homes for sale in Castle Rock.    This link for active listings will give you attached and detached homes.    There are currently 301 properties showing under contract.  Want to know more about the Town of Castle Rock, this link will give you more information about the Town of Castle Rock, and amenities, government, what is available when visiting, parks and recreation.