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Castle Rock CO Market Trends - November 2017
 
 
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 ... more

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