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Castle Rock CO Market Update - July 2018

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 37, 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 July saw a slight decrease in sales over the previous month.   The under contracts have decreased and inventory has increased slightly over the last month, which is good news for buyers.    These stats include Castle Pines and Castle Pines Village, single family detached homes as  multi-family homes, courtesy of Joan Cox, Metro Brokers House to Home, Inc.

 

Sales decreased from 221 in June to 192 in July

Days on Market increased from 7 days 12 days in July 

Average Price increased to $442,978 in July from $430,000 in June

List Price/Sold Price remained the same from 100% last month

 

 

As of today there are 458 active listings (attached and detached homes) available in Castle Rock, which is  an increase from 450 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 237 properties showing under contract, which is a decrease from 271 this time last month. 

 

If you are currently looking in Castle Rock for your dream home, give me a call.   Use the link above to see what homes are currently available.

 

 


 

 

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(24)

Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By Real - Alexandria, VA
Alexandria Virginia Homes For Sale

Joan, Castle Rock is an area you have sold many homes in. You know the ins and outs of the market and are the local expert to contact when buying or selling. 

Aug 20, 2018 05:35 AM
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 Castle Rock CO real estate market.

Aug 20, 2018 05:44 AM
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

A little less thinventory....are u headed toward the "Balanced" road ?

Aug 20, 2018 06:19 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Joan --- a very insightful and information- filled report that may be unknown to those relocating to the Denver area from a local real estate expert.

Aug 20, 2018 10:01 AM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

What a nice size town and close enough to the really big city if buyers need to commute.

Aug 20, 2018 06:40 PM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA

Thank you for taking the time to prepare and share this information.  This is exactly what buyers and sellers need to make informed decisions.

Aug 21, 2018 07:40 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Lise, Castle Rock is a huge city filled with many great neighborhoods.

Aug 22, 2018 03:06 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, thank you for your support.

Aug 22, 2018 03:06 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 Hollander July and August are always strange months of sales.   Usually buyers are on their vacations or preparing children for the start of school.  We shall see what happens right after Labor Day.

Aug 22, 2018 03:07 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 Gita!

Aug 22, 2018 03:08 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 Amanda, have sold many here, and would love to continue!

Aug 22, 2018 03:08 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 Gabe.

Aug 22, 2018 03:08 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Sally K. & David L. Hanson I would hope so, and some are saying that this could be the end of the great 6 year Seller frenzy.

Aug 22, 2018 03:09 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, your comments are always so thoughtful, thank you.

Aug 22, 2018 03:09 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Debbie, it really is, and lots of charm in a smaller city.

Aug 22, 2018 03:10 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Jim, thank you for stopping by.

Aug 22, 2018 03:10 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hi Joan... that was traditionally the same here for July and August, but in the past few years with thinventory the market is more brisk than most expect.

Aug 22, 2018 03:55 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, our market turned pretty slow this year in Denver.

Aug 22, 2018 12:45 PM
Roy Kelley
Retired - Gaithersburg, MD

Families on the move will love your local market reports.

Aug 23, 2018 09:28 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 so much Roy!

Aug 23, 2018 02:30 PM