Castle Rock CO Market Update - March 2017

By
Real Estate Broker/Owner with House to Home, Inc. - Denver Real Estate - 720-231-6373 DRE# ER40011786

 

Castle Rock home sales

 

 

The Town of Castle Rock   is located about 30 minutes (29 miles) South of Denver and enjoys a small population of 56,962, 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 $134,148.    Castle Rock includes Castle Pinesand many rural farm areas outside the City limits.

 

The Castle Rock real estate market for the month of March a healthy spring increase over February's sales.  The under contracts have increased and the inventory has increased.    With February's very warm weather, I believe it has put our market into a false sense of Spring and are seeing the brisk market early this 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 102 sales in February to 170 in March

Days on Market decreased from 15 to 10 days

Average Price increased from $435,000 to $449,225

List Price/Sold Price saw an increase from 98.95% to 100%

 

 

The highest sale was in Castle Pines Village and sold for $2,275,000 and was a custom home built in 2010 with 4 bedrooms, 7 bathrooms, and a 4 car garage.  This beautiful home has 6,726 total square feet and is located on 1.07 acres.  This home was on the market for 262 days.

 

  **Photo courtesy of REColorado

  

As of today there are 361 active listings (attached and detached homes) available in Castle Rock,which is an increase from 310 from end of March.   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.

 

Views in Castle Rock CO

 

 

There are currently 301 properties showing under contract, significantly up from 288 last month.  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.

 

 

 

 

 

Comments (14)

Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Castle Rock home sellers will be in very good hands when they select you as their listing agent.

Apr 22, 2017 02:03 PM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Joan Cox - clients should know that you are the agent to come to list or buy a home in Castle Rock.  I love that picture.  You can get a sense of the area. Very nice!

Apr 22, 2017 05:59 PM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Joan

The Castle Rock Colorado real estate market . . . . Is rocking.

Good luck and success.

Lou Ludwig

Apr 22, 2017 07:22 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Joan.  Thanks for keeping us informed about the Castle Rock CO real estate market.

Apr 23, 2017 05:26 AM
Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Joan, your are the go to Realtor for buyers and sellers in Castle Rock, CO.

Apr 23, 2017 08:13 PM
Wayne Zuhl
Remax First Realty II - Cranford, NJ
The Last Name You'll Ever Need in Real Estate

Great update on the Castle Rock real estate market!

Apr 24, 2017 03:30 AM
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Joan -- this is a nice overview of the Castle Rock real estate market and the numbers certainly look quite positive.   

Apr 24, 2017 05:56 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Roy, thank you, would love to list more homes in Castle Rock.

Apr 26, 2017 02:50 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Sheri, seems like I am in Castle Rock at least once a week.

Apr 26, 2017 02:50 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Lou, actually the whole metro Denver area is rocking! 

Apr 26, 2017 02:51 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Gabe, thanks for reading the most updated version for the Castle Rock market.

Apr 26, 2017 02:51 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Rebecca, love to work in Castle Rock.

Apr 26, 2017 02:51 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Wayne & Jean, thanks for taking the time to read this report.

Apr 26, 2017 02:52 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Michael, the whole Denver market is doing very well.

Apr 26, 2017 02:52 PM

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