Castle Rock CO Market Update - October 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 October saw a decrease in sales over the previous month, which is quite normal this time of year.   The under contracts have slightly decreased and inventory has decreased over last month.   I expect this trend to continue through the month of December until we are done with the Holidays.   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 195 in September to 175 homes in October

Days on Market decreased from 23 days in September to 15 days in October

Average Price increased from $435,000 in September to $440,000 in October

List Price/Sold Price went from 100% to 99.23% this month

 

The highest sale in Castle Rock sold for $2,300,000 in Castle Pines Village, has .89 acres and is a custom home.   It 796 days to get this home sold and the home was built in 2006 and has 5 bedrooms, 8 bathrooms and  a four car garage and has 10,040 total square feet.

 


** photo courtesy of REColorado

 

As of today there are 310 active listings (attached and detached homes) available in Castle Rock, which is  a slight decrease from 357 this time last month.  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 221 properties showing under contract, which is a decrease from 258 this time last month. 

 

 

 

If you are in the area - here is a new listing I just put on the market this weekend - 2 bed, 2 bath, 1 car for only $275,000 -

 

 

 

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

 

 

 

 

Comments (10)

Shannon Lefevre
John R. Wood Properties - Naples, FL
Shannon Lefevre, PA Your Naples Smart Girl

That pool is beautiful!!! :) The average age is 33???? Holy Cow, that is YOUNG!!!

Nov 26, 2017 12:07 PM
Yolanda Cordova-Gilbert
Richmond, TX

Joan,

 THat is a great home! I love the pool Castle Rock looks like it is the place to live! I hope you had a wonderful Thanksgiving!

Nov 26, 2017 02:08 PM
Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Joan, that is a beautiful LARGE house and love the pool.

Nov 26, 2017 06:22 PM
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By eXp Realty - Alexandria, VA
Alexandria Virginia Homes For Sale

Joan, sellers in Castle Rock must be loving the current market conditions. Your market report is very telling that it's a great time to list. When they're ready to learn more you are the agent they need to contact for the best representation. You have sold many homes in Castle Rock.

Nov 27, 2017 04:19 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Shannon Lefevre most of our towns around the Denver metro area are under 35, with our outdoor activities being plentiful here!  

Nov 28, 2017 08:24 AM
Shannon Lefevre

I cannot say the same for Naples. LOL!

Nov 28, 2017 09:43 AM
Joan Cox

Shannon Lefevre buyers move into your area when they are ready for warmer weather and retirement.  I can see your average age is a bit older.   :-)

Nov 29, 2017 08:29 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Yolanda, that is a great pool, and had a wonderful Thanksgiving.  Hope you did as well.

Nov 28, 2017 08:24 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Rebecca, probably why it was the highest priced home sold in October, it was beautiful! 

Nov 28, 2017 08:25 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Amanda, I have sold many in Castle Rock, and have one listed currently.  Great place!  

Nov 28, 2017 08:25 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Joan.  Thanks for keeping us updated about the Castle Rock real estate market.

Nov 29, 2017 05:10 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Thanks for stopping by Gabe!  

Nov 29, 2017 08:29 AM

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