Castle Rock CO Market Update - January 2016
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 January reflected a decrease over December's sales, which is a bit abnormal this time of year. 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 141 sales in December to 111 in January
Days on Market increased from 51 to 52 days
Average Price increased from $406,238 to $464,693
List Price/Sold Price increased from 99.09% to 99.21%
There was one short sale sold and one bank owned foreclosure sold.
(Distressed sales are very minimal as home values have increased substantially over the last couple of years.)
The highest sale was in Castle Pines Village and sold for $2,875,000 and was built in 2003, has 5 bedrooms, 8 bathrooms, and a 3 car garage. This beautiful home has 11,213 total square feet and is located on 1.61 acres. This home was on the market for 117 days.
**Photo courtesy of REColorado
As of today there are 357 active listings (attached and detached homes) available in Castle Rock with one short sale and no 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 244 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.
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