Castle Rock CO Market Update - April 2017

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

 

 

 

 

 

 

 

 

 

 

 

 

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 April saw a bit of a decrease over March's sales.  The under contracts have increased and the inventory has increased significantly.   We did see an early frenzy in sales with weather being very warm in February.  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 1701 sales in March to 161 in April

Days on Market decreased from 10 to 9 days

Average Price decreased from $449,225 to $429,000

List Price/Sold Price remained the same at -  100% 

 

 

The highest sale was in Castle Pines Village and sold for $2,122,500 and was a custom home built in 2005 with 5 bedrooms, 7 bathrooms, and a 4 car garage.  This beautiful home has 7,471 total square feet and is located on .75 acres.  This home was on the market for 206 days.

 

  **Photo courtesy of REColorado

  

As of today there are 412 active listings (attached and detached homes) available in Castle Rock,which is an increase from 361 from end of april.   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 313 properties showing under contract, significantly up from 301 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 (20)

Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Joan. Inventory trending up. Good news! Enjoy your day!

May 30, 2017 05:09 AM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Thanks Joan for sharing the information about the Castle Rock market - I hope you have a great summer!

May 30, 2017 05:41 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Wayne, we did see around 2,000 new listings the first of May.

May 30, 2017 05:57 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Lise, thank you for your continued support.

May 30, 2017 05:58 AM
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Good morning, Joan - it's nice to see an uptick in the inventory of homes for sale in Castlerock.   29 miles in about 30 minutes --- that's something that's not always typical in our area.  

May 30, 2017 06:30 AM
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.

May 30, 2017 06:40 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Michael, I have driven in LA and definitely not the same minutes/miles to drive anywhere!   LOL

May 30, 2017 06:53 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, am listing a home in Castle Rock in the next week or so.  

May 30, 2017 06:53 AM
Debbie Walsh
Shahar Management - Middletown, NY
Hudson Valley NY Real Estate 845.283-3036

Nice report Joan...that was a nice sale for someone in the luxury market too!

May 30, 2017 08:53 AM
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Kelsea lived in Castle Rock for a time, and we enjoyed visiting. It's a thriving community. However, she is now renting near Golden, and I must say, we LOVE that area so much.  It's easy to get to the mountains which is a big deal for all of us. 

May 30, 2017 10:09 AM
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By eXp Realty - Alexandria, VA
Alexandria Virginia Homes For Sale

Joan, you always provide the latest market information to your readers and Castle Rock is an area you're an expert in. Know you have sold many homes here. When it's time to buy or sell in Castle Rock, you're the agent to reach out too.

May 30, 2017 10:40 AM
Jerry Newman
Brown Realty, 210-789-4216,www.JeremiahNewman.com - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Hi Joan, I remember Castle Rock when I was stationed in Denver during the 80's. It's certainly a Hot Market with only 9 days on the market for listings.

May 30, 2017 11:11 AM
Ruth Vogt
Fairway Independent Mortgage, LLS. Equal Housing Opportunity. Regulated by the Division of Real Estate. - Colorado Springs, CO
719-592-0855 Apply 24/7 www.ColoradoHomeLender.com

Joan Cox  ... shhhh.... we're trying to keep Castle Rock a secret! haha! We've lived in Castle Rock for about 17 years and just love it! Easy commute whether driving to the Springs OR to Denver. There is a fabulous little restaurant called Augustine Grill, which is my all time summer favorite. The front looks like a Victorian type house, but the back... dining in the garden surrounded by water features and flowers. And typically music on Friday and Saturday nights. If you haven't already, you need to give it a try!

May 30, 2017 11:45 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Debbie, we do see those luxury sales in Castle Pines, it is beautiful! 

May 31, 2017 03:34 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Debb, I would think being closer to the mountains would be better for you guys, being such outdoor people.

May 31, 2017 03:34 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Thank you Amanda, listing a home in Castle Rock next week.

May 31, 2017 03:35 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Jerry, that is cool to know you lived there!   It is a HOT market in Castle Rock! 

May 31, 2017 03:35 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ruth Vogt thinking I have never been to this restaurant, and will check it out.  Thanks for the tip! 

May 31, 2017 03:36 PM
Jim Cheney
Saint Francis Property Santa Rosa, CA - Santa Rosa, CA
Rincon Valley Realtor 707.494.1055

Nice report from a excellent Castle Rock real estate broker.

Jun 02, 2017 11:34 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Thank you JIm for your kind words!

Jun 02, 2017 02:32 PM

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