Castle Rock CO Market Update - July 2016

 

 

Castle Rock home sales

 

 

The Town of Castle Rock   is located about 30 minutes (29 miles) South of Denver and enjoys a small population of 53,063, 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 $85,933.     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 reflected a significant  decrease over June's sales, showing the market softened.   The under contracts have increased today and inventory has decreased, and seeing the market has slowed down a bit, which is normal this time of year.   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 222 sales in June to 185 in July

 Days on Market increased from 8 to 12 days 

 Average Price decreased from $419,371 to $413,418

 List Price/Sold Price saw no change and remained at 100% 

 

 

The highest sale was in Castle Pines Village and sold for $1,825,000 and was a custom build in 2008, has 5 bedrooms, 7 bathrooms, and a 4 car garage.  This beautiful home has 7,726 total square feet and is located on 1.0 acres.  This home was on the market for 64 days.

 

Castle Rock's highest sale July 2016
   **Photo courtesy of REColorado

 

 

As of today there are 466 active listings (attached and detached homes) available in Castle Rock, which is a decrease from 536 from end of July.   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.

 

Views in Castle Rock CO

 

 

There are currently 315 properties showing under contract, up from 296 last month.  Want to know more about the Town of Castle Rock, this link will give you more information about the Town of Castle Rock, and amenities, government, what is available when visiting, parks and recreation.