Castle Rock CO Market Trends - November 2017

By
Real Estate Broker/Owner with Metro Brokers - 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 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.   

 

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Metro Brokers - House to Home, Inc.House to Home

GRI, CRS, CNE, e-Pro  

Broker/Owner

Joan@JoanCox.com

720-231-6373

 

Denver Real Estate

Homes for Sale in Denver

Neighborhoods in Denver

 
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Rainmaker
4,334,154
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Families moving to the area will certainly appreciate your local real estate market reports.

Jan 03, 2018 06:43 AM #1
Rainmaker
2,576,944
Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

I like how you incorporate the highest price sale....I hope you had a part in it!

Jan 03, 2018 07:02 AM #2
Rainmaker
3,282,540
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Thank you Roy, it is always nice to run these numbers to see how the market is doing across the City.

Jan 03, 2018 07:24 AM #3
Rainmaker
3,282,540
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Kristin, thank you, and wish I could have assisted in that sale! 

Jan 03, 2018 07:25 AM #4
Rainmaker
3,763,068
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for sharing 

Jan 03, 2018 02:57 PM #5
Rainmaker
3,990,800
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Joan.  Thanks for keeping us informed about the real estate market in Castle Rock CO.

Jan 04, 2018 05:32 AM #6
Rainmaker
3,282,540
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Gita, thank you always for your continued support.

Jan 04, 2018 09:13 AM #7
Rainmaker
3,282,540
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Gabe, thank you for stopping by and commenting!  

Jan 04, 2018 09:13 AM #8
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Rainmaker
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Joan Cox

Denver Real Estate - Selling One Home at a Time
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