Castle Rock CO Market Update - December 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 December reflected a significant increase over November's sales, which is a bit abnormal 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 increased from 110 sales in November to 141 in December
Days on Market increased from 40 to 51 days
Average Price increased from $405,638 to $406,238
List Price/Sold Price decreased from 99.21% to 99.09%
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 $2,090,000 and was built in 2008, has 5 bedrooms, 6 bathrooms, and a 4 car garage. This beautiful home has 7,081 total square feet and is located on .87 acres. This home was on the market for 98 days.
**Photo courtesy of REColorado
As of today there are 341 active listings (attached and detached homes) available in Castle Rock with two short sales and n0 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 215 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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