Castle Rock CO Market Update - January 2019

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 January saw a decrease in sales over the previous month.   The under contracts have significantly increased and inventory has decreased slightly 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, House to Home, Inc.

 

Sales decreased from 155 in December to 110 in January

Days on Market decreased from 93 from December to 60 in January

Average Price increased from $459,042 in December to $460,175 in January

List Price/Sold Price increased from 99.11% to 99.45% from last month

 

The highest priced property sold in December was $1,640,000, and was located in Bell Mountain Ranch  This custom home was built in 2001 and has 4 bedrooms, 4 bathrooms, with a total of 5,890 square feet and a four car garage on 8.04 acres.     

 

 

As of today there are 287 active listings (attached and detached homes) ranging from $255,000 to $4,900,000 available in Castle Rock, which is a decrease from 314 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 236 properties showing under contract ranging from $232,000 to $2,850,000, which is an increase from 174 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.

 

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

 

Comments (14)

Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good evening Joan - Castle Rock appears be a hot neighborhood.  That is a great home  in Bell Mountain Ranch.

Feb 19, 2019 06:48 PM
Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

Hi Joan: Still a strong market in Castle Rock, it appears. Love that home in the meadow with the fabulous view!!!

Feb 19, 2019 07:24 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 real estate market in the town of Castle Rock.

Feb 20, 2019 04:20 AM
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By eXp Realty - Alexandria, VA
Alexandria Virginia Homes For Sale

Joan, you have sold many homes in the Castle Rock area and know the market inside and out. Buyers and sellers are making the right decision when they contact you for representation.

Feb 20, 2019 04:42 AM
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Joan - a good overview of the Castle Rock,  CO real estate market. Obviously,  the buying power in this city versus Denver makes it a strong consideration for new residents. 

Feb 20, 2019 06:19 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Grant, Castle Rock is a highly sought after City for buyers, and Bell Mountain has some really nice homes on acreage.

Feb 20, 2019 07:23 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Elizabeth, it really did have a perfect setting.

Feb 20, 2019 07:23 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.

Feb 20, 2019 07:24 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Amanda, I have, both buying & selling for clients, and really enjoy working in Castle Rock! 

Feb 20, 2019 07:24 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Michael, It is a bit better down in Castle Rock than closer to Denver proper.

Feb 20, 2019 07:25 AM
Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, ABR,CNE,CRS,ePro,PSA,RENE,SRS

Appreciate the insight. Thank you for sharing and best of luck!

Feb 20, 2019 09:13 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will love your local market reports.

Feb 20, 2019 12:46 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 so much Jeremy!

Feb 21, 2019 07:27 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Hopefully they will Roy, thank you so much.

Feb 21, 2019 07:28 PM

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