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 November saw a slight increase in sales over the previous month. The under contracts have decreased and inventory has decreased over last month. I expect this trend to continue through the month of December and will start improving after the Holidays. 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 175 in October to 177 homes in November
Days on Market increased from 15 days in October to 20 days in November
Average Price decreased from $440,000 in October to $422,500 in November
List Price/Sold Price went from 99.23% to 99.61% this month
The highest sale in Castle Rock sold for $1,900,000 in Castle Pines Village, has .98 acres and is a custom home. It took only 34 days to get this home sold and the home was built in 2005 and has 5 bedrooms, 7 bathrooms and a four car garage and has 7,328 total square feet.
** photo courtesy of REColorado
As of today there are 265 active listings (attached and detached homes) available in Castle Rock, which is a decrease from 310 this time last month. 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 161 properties showing under contract, which is a decrease from 221 this time last month.
If you would need more information about the Town of Castle Rock, please give me a call at 720-231-6373.