Castle Rock CO Market Update - July 2015
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 July reflected a slight increase over June'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 June to 236 in July
Days on Market remained the same - 38 days
Average Price increased from $430,107 in June to $430,579 in July
List Price/Sold Price decreased from 99.8% in June to 100% July
There were two short sales sold and no 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 Timber Ridge and sold for $1,900,000 and was built in 2010, has 5 bedrooms, 6 bathrooms, and a 4 car garage. This beautiful home has 7,626 total square feet and is located on 1.25 acres. This home was on the market for 41 days.
**Photo courtesy of Metrolist
As of today there are 459 active listings (attached and detached homes) available in Castle Rock with no short sales and no bank foreclosures. 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 267 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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