Castle Rock CO Market Trends - November 2018

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 37, 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 November saw an increase in sales over the previous month.   The under contracts have decreased and inventory has decreased over the previous month.   It is not so difficult to "win the bid" these days!  These stats include Castle Pines and Castle Pines Village, single family detached homes and multi-family homes, courtesy of Joan Cox, Metro Brokers House to Home, Inc.

 

Sales increased from 148 in October to 179 in November

Days on Market increased from 27 days in October to 46 days in November

Average Price decreased from $462,000 in October to $422,500 in November

List Price/Sold Price decreased from 99.06% to 90.61% from last month

 

The highest priced property sold in November for $1,546,112, and was located in Castle Pines Village  This custom home was built in 2018 and has 4 bedrooms, 3 bathrooms, with a total of 5,032 square feet and a three car garage on .18 acres.     

 

 

As of today there are 356 active listings (attached and detached homes) ranging from $165,000 to $4,900,000 available in Castle Rock, which is a decrease from 443 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 190 properties showing under contract ranging from $272,500 to $1,750,000, which is a decrease from 229 this time last month. 

 

If you are currently looking in Castle Rock for your dream home, give me a call.   Use the link above to see what homes are currently available.

 

 


 

 

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

 

Comments (8)

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 updated about the Castle Rock CO real estate market.

Dec 19, 2018 06:31 AM
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Good morning,  Joan - your market updates for Castle Rock, CO provide a good overview for prospective buyers/sellers. Those interested in learning more will be glad to know you are available  discuss their needs in a personal interview. 

Dec 19, 2018 06:45 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good evening Joan - you have always given great information on Castle Rock.  Anyone buying or selling their need only contact you.

Dec 19, 2018 02:53 PM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families moving to the area will certainly appreciate your local market reports.

Dec 20, 2018 06:31 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 Gabe.

Dec 21, 2018 08:03 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, those personal conversations are an absolute when buyers or sellers are ready for our market.

Dec 21, 2018 08:03 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Grant, thank you for your continued support.

Dec 21, 2018 08:04 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 so much Roy.

Dec 21, 2018 08:04 AM

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