Castle Rock CO Market Update - November 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 November reflected a decrease over October's sales, which is normal this time of year. 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 147 sales in October to 110 in November
Days on Market decreased from 44 to 40 days
Average Price decreased from $415,612 to $405,638
List Price/Sold Price decreased from 99.29% to 99.21%
There were no short sales 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 $1,700,000 and was built in 1984, has 7 bedrooms, 8 bathrooms, and a 3 car garage. This beautiful home has 9,775 total square feet and is located on 1.83 acres. This home was on the market for 686 days.
**Photo courtesy of REColorado
As of today there are 377 active listings (attached and detached homes) available in Castle Rock with three 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 223 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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