Castle Rock CO Market Update - October 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 October reflected a slight decrease over September'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 153 sales in September to 147 in October
Days on Market increased from 43 to 44 days
Average Price decreased from $422,785 to $415,612
List Price/Sold Price decreased from 99.55% to 99.29%
There were 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 $1,350,000 and was built in 2000, has 4 bedrooms, 6 bathrooms, and a 3 car garage. This beautiful home has 6,264 total square feet and is located on .60 acres. This home was on the market for 39 days.
**Photo courtesy of REColorado
As of today there are 441 active listings (attached and detached homes) available in Castle Rock with two 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 235 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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