Castle Rock CO Market Update - September 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 September reflected a slight decrease over August'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 decreased from 167 sales in August to 153 in September
Days on Market increased from 27 to 43 days
Average Price increased from $419,114 in August to $422,785 in September
List Price/Sold Price decreased from 99.7% in August to 99.55% in September
There were one short sale sold and no bank owned foreclosures 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 $1,762,500 and was built in 1996, has 4 bedrooms, 6 bathrooms, and a 3 car garage. This beautiful home has 10,699 total square feet and is located on 1.46 acres. This home was on the market for 204 days.
**Photo courtesy of REColorado
As of today there are 479 active listings (attached and detached homes) available in Castle Rock with four 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.
There are currently 220 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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