City of Castle Rock CO - Market Update April 2020

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.  The elevation of Castle Rock is 6,202 feet above sea level.   Castle Rock includes Castle Pines and many rural farm areas outside the City limits.

 

COVID-19 affected the real estate market for about a month - from mid-March to mid-April, when Douglas county allowed showings again.  Before we saw the virus in the Denver metro area, sales were booming.

 

The Castle Rock real estate market for the month of April saw a significant decrease in sales over the previous month, which is due to the virus and no showings allowed.   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 for April 2020

Sales - 175 properties sold ranging from $213,000 to $2,937,500 (March 2020 had 221 sales, and April 2019 had 208)

Average Days on Market - 36 days 

Average Price $484,990

List Price/Sold Price - 100%

 

The highest-priced property sold in April was $2,937,500 and is located in Castle Pines Village  It is a custom home built in 2007.   It has 5 bedrooms, 8 bathrooms, with a total of 9,641 square feet and a 4-car garage on 1.62 acres.     

 

If you are looking for the current active listings in Castle Rock, including Castle Pines - here are the active listings in Castle Rock.

 

 

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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Colorado Douglas County Castle Rock
Tags:
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Rainmaker
3,445,345
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Hi Joan... not surprised to hear that sales slowed due to lack of showings... are you still restricted?

May 04, 2020 08:27 AM #1
Rainmaker
5,771,274
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will certainly appreciate your local real estate reports.

May 04, 2020 09:01 AM #2
Rainmaker
2,136,762
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Joan Cox - I hope that you will be able to get those showings for Castle Rock and certain sales.

May 04, 2020 09:28 AM #3
Ambassador
3,253,514
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

It is amazing what a shelter in place mandate will do to the housing market. I am focusing on the other side, what happens next...

Happy Monday Joan Cox 

May 04, 2020 10:16 AM #4
Rainmaker
1,367,560
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

All our governors constantly refer to the data.  This is also data that shows what is happening in the Castle Rock area.  When showing start to role out. This info will change. You are keeping your clients informed. That is what is important. 

May 04, 2020 04:54 PM #5
Rainmaker
581,592
Maria Gilda Racelis
Home Buyers Realty, LLC-Manchester, Bolton. Vernon,Ellington - Manchester, CT
Home Ownership is w/in Reach. We Make it Happen!

Hi Joan,

One great news to glean from this report is that the market is not stagnant despite the pandemic. Hundred plus sales volume is a lot of activity.

May 05, 2020 04:42 AM #6
Rainmaker
4,315,287
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina Hollander we have two counties left with "stay at home" orders - Arapahoe & Adams.  I live in Arapahoe.

May 05, 2020 05:30 AM #7
Rainmaker
4,315,287
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Thanks Roy.

May 05, 2020 05:30 AM #8
Rainmaker
4,315,287
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Grant, will be showing acreage today in Sedalia, so fingers crossed.

May 05, 2020 05:30 AM #9
Rainmaker
4,315,287
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Paul S. Henderson, REALTOR®, CRS our orders expire on Friday, so hoping we get back to some normalcy soon.

May 05, 2020 05:31 AM #10
Rainmaker
4,315,287
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Sheri, we do have to stay on top of the ever-changing rules, and how to guide our clients.

May 05, 2020 05:31 AM #11
Rainmaker
4,315,287
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Maria, we did see pretty good sales considering the pandemic.

May 05, 2020 05:32 AM #12
Rainmaker
601,655
Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update Joan, all the best to you as you get many of these properties listed and sold.

Sally

 

May 07, 2020 12:14 AM #13
Rainmaker
4,315,287
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Thanks Sally.

May 12, 2020 01:17 PM #14
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Rainmaker
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Joan Cox

Denver Real Estate - Selling One Home at a Time
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