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Castle Rock CO Market Update - August 2017

By
Real Estate Broker/Owner with House to Home, Inc. - Denver Real Estate - 720-231-6373 DRE# ER40011786

 

 

The Town of Castle Rock is located about 30 minutes (29 miles) south of Denver and enjoys a population of 56,962, 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 $134,148.  Castle Rock includes Castle Pines, and many rural farm areas outside the City limits.

 

The Castle Rock real estate market for the month of August saw an uptick in sales over July's sales.   The under contracts have slightly decreased and inventory has decreased over last month.   We did see an early frenzy in sales in early spring and summer, but has leveled off with school starting.   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 increased from 188 in July to 213 homes in August

Days on Market increased from 12 days in July to 13 days in August

Average Price decreased from $443,500 in July to $428,000 in August

List Price/Sold Price remained at 100%

 

The highest sale in Castle Rock sold for $2,489,000 and has 1.06 acres and was a custom home.   It was sold in 56 days and the home was built in 2007 and has 5 bedrooms, 7 bathrooms and  a four car garage.

 


** photo courtesy of REColorado

 

As of today there are 360 active listings (attached and detached homes) available in Castle Rock, which is  a slight decrease from 430 this time in July.  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 273 properties showing under contract, which is a decrease from 292 this time in July. 

 

 

If you would need more information about the Town of Castle Rock, please give me a call at 720-231-6373.

 

 

 

Posted by

Joan Cox
Broker/Owner, REALTOR®
House to Home, Inc.

Serving the Denver Metro area including all suburbs


Helping Buyers and Sellers achieve their real estate dreams, one house at a time!

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Comments(22)

Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Joan. Sounds like the best way to navigate the Castle Rock market is to call you! Enjoy your day! 

Sep 28, 2017 05:30 AM
Roy Kelley
Retired - Gaithersburg, MD

Castle Rock home sellers will be in very good hands when they select you as their listing agent.

Sep 28, 2017 05:34 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Gita, thank you for your support! 

Sep 28, 2017 05:56 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Gabe, thanks for stopping by! 

Sep 28, 2017 05:56 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Wayne, that would work, I have one UC in Castle Rock right now! 

Sep 28, 2017 05:56 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Roy, could use another listing or more! 

Sep 28, 2017 05:57 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hi Joan... with that median income for the age of demographic I would say that Castle Rock is a relatively affluent area in Denver metro.

Sep 28, 2017 07:09 AM
Curtis Van Carter
Better Homes & Gardens Wine Country Group - Yountville, CA
Your Napa Valley Broker Extraordinaire

Joan

Just wanted to thank you for this thorough update of Castle Rock. I had to Goggle map it for I was curious as to it's location as to Denver. cheers cvc

Sep 28, 2017 08:08 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Good morning, Joan -- your update for Castle Rock shows a still active market.  Of course, I still can't get used to seeing 29 miles away and 30 minutes used in the same sentence...haha.   

Sep 28, 2017 08:58 AM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

HI Joan, 

Castle Rock CO sounds like a wonderful young and vibrant community. Those who need assistance in real estate benefit from your experience.

Sep 28, 2017 09:10 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Joan - great update on Castle Rock, CO market.  Have a great day.

Sep 28, 2017 10:38 AM
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By Real - Alexandria, VA
Alexandria Virginia Homes For Sale

Joan, I know you have sold many homes in Castle Rock and are the expert to contact. Very low days on the market and 100% sale to list price ratio is impressive. There's no one else I'd contact if I were buying or selling in Castle Rock - you're the local expert.

Sep 28, 2017 11:21 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina, I think Castle Rock in general is affulent, and with Castle Pines being in this mix increases this amount.

Sep 29, 2017 07:02 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Curtis Van Carter I actually Google cities on occasion too to see where they are! 

Sep 29, 2017 07:04 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Michael Jacobs have driven in LA and suburbs, and would prefer NEVER to do it again.   Our traffic has increased, but still not as bad as yours!  

Sep 29, 2017 07:04 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Thank you Sheri, would love to assist buyers and sellers!  

Sep 29, 2017 07:05 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Grant, thank you for your continued support.

Sep 29, 2017 07:05 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Amanda S. Davidson thank you for your kind words, but I do enjoy selling in Castle Rock, and have one purchase UC right now.

Sep 29, 2017 07:06 AM
Curtis Van Carter
Better Homes & Gardens Wine Country Group - Yountville, CA
Your Napa Valley Broker Extraordinaire

Joan

Where would we be without it? I use it all the time especially when looking for property out of my area. The street view is trippy. cheers cvc

Sep 29, 2017 07:37 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Curtis, I too enjoy looking at the topography of an area, especially if I have not shown a property in a certain area.

Sep 29, 2017 07:56 AM