Castle Rock CO Market Update - July 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 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 Pines, and many rural farm areas outside the City limits.

 

The Castle Rock real estate market for the month of July saw a slight dip in sales over June's sales, which is normal this time of year.   The under contracts have slightly decreased and inventory has decreased slightly.   We did see an early frenzy in sales in early spring and summer, but has leveled off with school starting.   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 220 in June to 180 homes in July

Days on Market increased from 6 days in June to 12 days in July

Average Price increased from $432,500 in June to $443,500 in July

List Price/Sold Price remained at 100%

 

The highest sale in Castle Rock sold for $4,800,000 and has 2.55 acres and was a European custom home.   It was sold in 1088 days and the home was built in 2009 and has 4 bedrooms, 6 bathrooms and  a six car garage.

 


** photo courtesy of REColorado

 

As of today there are 430 active listings (attached and detached homes) available in Castle Rock, which is  a slight decrease from 439 this time in June.  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 292 properties showing under contract, which is a decrease from 300 this time in June. 

 

 

If you would need more information about the Town of Castle Rock, please give me a call at 720-231-6373.

 

 

 

Comments (20)

Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

Joan, I am just amazed by Castle Rock. I remember the days of driving by and seeing a few buildings as I flew by. It is just huge now!

Aug 26, 2017 09:12 AM
Jeffrey Jones
AZ Home Seekers - San Tan Valley, AZ
AZ Home Seekers, azhomeseekers.com

What a great report. Thank you for the information, I'm sure both buyers and sellers will find it useful.

Aug 26, 2017 09:51 AM
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

Hi Joan, thanks for the informative market report on Castle Rock, Colorado.

Aug 26, 2017 10:47 AM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

This is good information on Castle Rock. I know you are ready to help any buyers interested in the area.

Aug 26, 2017 07:02 PM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Joan

The Castle Rock Colorado real estate market continued to active in July 2017.

Good luck and success.

Lou Ludwig

Aug 26, 2017 07:57 PM
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in Southern RI and beyond

Definitely a slight slowdown but look at those sales prices in Castle Rock!  You are the agent to contact Joan for all buyers and sellers...don't wait.

Aug 27, 2017 04:21 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.

Aug 27, 2017 05:07 AM
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 activity.

Aug 27, 2017 05:38 AM
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Joan -- over 1000 days on the market --- that's a patient seller and a patient agent.   Even in a hot market, we have some(although just a few) examples like this too.  

Aug 27, 2017 07:56 AM
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Thank you for posting this useful information about your market.

Aug 28, 2017 10:11 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Jeff, Castle Rock has definitely grown, and even in areas you cannot see from the highway!  

Aug 31, 2017 12:04 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Jeffrey, I do get many views, so hopefully buyers and sellers are finding it useful.

Aug 31, 2017 12:05 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Sybil, thanks for stopping by and reading it! 

Aug 31, 2017 12:05 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Debbie, you know it!  

Aug 31, 2017 12:05 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, Castle Rock has remained very active.

Aug 31, 2017 12:13 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ginny, late July and August are slower times of the year, but watch out September!  

Aug 31, 2017 12:14 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Roy, would love to have another listing in Castle Rock!  I closed one listing and one buyer in July.

Aug 31, 2017 12:15 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, thank you for stopping by and commenting! 

Aug 31, 2017 12:15 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 Jacobs that is one patient seller AND agent, and thankfully that does not happen much! 

Aug 31, 2017 12:16 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ryan, thank you so much for supporting my posts!  

Aug 31, 2017 12:16 PM

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