Castle Rock CO Market Update - February 2016
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 February reflected an increase over January's sales, showing the spring buying season has begun. 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 111 sales in January to 139 in February
Days on Market decreased from 52 to 24 days
Average Price increased from $464,693 to $395,000
List Price/Sold Price increased from 99.21% to 99.41%
There was 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 Pinon Soleil and sold for $1,895,000 and was built in 2009, has 5 bedrooms, 8 bathrooms, and a 5 car garage. This beautiful home has 8,324 total square feet and is located on .92 acres. This home was on the market for 155 days.
**Photo courtesy of REColorado
As of today there are 372 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 279 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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