Castle Rock CO Market Update -- June 2015

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

Castle Rock CO Market Update - June 2015

 

 

Town of Castle Rock

 

 

The Town of Castle Rock   is located about 30 minutes (29 miles) South of Denver and enjoys a small population of 51,348, 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 $85,933.     Castle Rock includes Castle Pines, and many rural farm areas outside the City limits.

 

The Castle Rock real estate market for the month of June reflected an increase over May's sales.   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 233 sales in May to 233 in June

 Days on Market increased from 37 days in May to 38 days in June

 Average Price increased from $404,521 in May to $430,107 in June

 List Price/Sold Price decreased from 99.83% in May to 99.8% June

 

There was one short sale sold and one bank owned foreclosure sold.

(Distressed sales are very minimal as home values have increased substantially over the last couple of years.)

 

 

 

The highest sale was in Castle Pines Village and sold for $1,829,000 and was a custom new build, has 4 bedrooms, 5 bathrooms, and a 5 car garage.  This beautiful custom home has 7,988 total square feet and is located on .76 acres.  This home was on the market for 194 days.

 

 

  **Photo courtesy of Metrolist

 

 

As of today there are 400 active listings (attached and detached homes) available in Castle Rock with no short sales and one bank foreclosure.   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.

 

Views in Castle Rock CO

 

 

There are currently 297 properties showing under contract.  Want to know more about the Town of Castle Rock, this link will give you more information about the Town of Castle Rock, and amenities, government, what is available when visiting, parks and recreation.

 

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Show All Comments
Rainmaker
406,019
Katina Hargrove 352-551-0308
Stake Your Land Realty, Inc. - Eustis, FL
Broker/Owner, GRI,SFR, REALTOR®

Good morning Joan Cox,

Thank you for the update on Castle Rock and the market information. No short sales or reo's is nice, please keep posting pictures of your area.

Jul 21, 2015 10:13 PM #1
Rainmaker
4,432,589
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Home bueyrs and sellers in the area will appreciate this information. 

Jul 21, 2015 10:14 PM #2
Rainmaker
2,334,384
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Happy Wednesday Joan. This is a very good review of the Castle Rock real estate market. Good to see distressed properties are at a minimum.

Jul 21, 2015 10:39 PM #3
Rainmaker
1,430,101
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

I love the Castle Rock / Castle Pines area (except when the snow closes down I-25) lol

Jul 21, 2015 11:19 PM #4
Rainmaker
2,312,742
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Joan. Hot market no doubt, great job with your report. If folks are interested in purchasing in this area, they should contact you ASAP.

Jul 21, 2015 11:26 PM #5
Ambassador
1,471,300
Toni Weidman
Sailwinds Realty - Trinity, FL
20+ Years Selling Homes in New Port Richey, FL

Castle Rock does sound very appealing. I love the sold home too.  Good report.

Jul 21, 2015 11:34 PM #6
Rainmaker
5,677,884
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thanks for sharing your Town of Castle Rock market update.

Have an outstanding week!

Jul 21, 2015 11:51 PM #7
Ambassador
1,770,300
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Hi Joan, very interesting Castle Rock CO information and your Market Update.

Jul 22, 2015 01:26 AM #8
Rainmaker
1,814,829
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in Southern RI and beyond

Great recap of Castle ROck for buyers and sellers, Joan...still a good market.

Jul 22, 2015 02:16 AM #9
Rainmaker
3,292,797
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

Nice review of Castle Rock CO. and I like the way to provided the link for the area...

Jul 22, 2015 03:12 AM #10
Rainmaker
1,529,628
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Hi Joan, Castle Rock sounds like a great place to call home and you of course are the Realtor to call when buying or selling.

Jul 22, 2015 05:26 AM #11
Rainmaker
2,051,324
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Joan, excellent Castle rock description plus market update in your post. I can see why the highest priced sale was at the the $1.8 million level. Beautiful home. 

Jul 22, 2015 05:28 AM #12
Rainmaker
1,434,807
Yolanda Cordova-Gilbert
Richmond, TX

Joan,

 You make me want to move to Castle Rock, I love Colorado and it's weather! I hope you are having a great day!

Jul 22, 2015 08:30 AM #13
Rainmaker
2,190,677
Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

I love it when you post photos of the gorgeous homes in Colorado, and especially enjoyed the home in Castle Rock. It's like eye candy to me.

Jul 22, 2015 09:30 AM #14
Rainmaker
1,730,003
Rob Thomas
Prestige Homes of The Tri Cities, Inc. CALL....423-341-6954 - Bristol, TN
Bristol TN-VA & Tri Cities Agent, ABR, GRI, e-Pro

Beautiful home in Castle Rock... I bet there are many more just as pretty.  Interested buyers would be wise to call Joan Cox for representation!

Jul 22, 2015 10:12 AM #15
Ambassador
3,937,165
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Joan not much of a change from month to month, may be your market is beginning to flatten out a bit.

Jul 22, 2015 10:40 AM #16
Rainmaker
576,438
Maria Gilda Racelis
Home Buyers Realty, LLC-Manchester, Bolton. Vernon,Ellington - Manchester, CT
Home Ownership is w/in Reach. We Make it Happen!

Hi Joan: I fit well in the median age category. . I wonder what is it like living 6000 plus above sea level.

Very nice report on Castle Rock.

Jul 22, 2015 08:49 PM #17
Rainmaker
4,798,170
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Joan.  Great information about the Castle Rock area of Colorado.  

Jul 22, 2015 09:21 PM #18
Rainmaker
4,266,289
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 everyone from your nice comments, and nice to see the sales are still increasing month after month in Castle Rock! 

Jul 23, 2015 04:01 AM #19
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Rainmaker
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Joan Cox

Denver Real Estate - Selling One Home at a Time
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