Castle Rock Market Update - February 2015

 

 

Town of Castle Rock 

 

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 $79,931.     Castle Rock includes Castle Pines, and many rural farm areas outside the City limits.

 

The Castle Rock real estate market for the month of February reflected an increase in sales over January.   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.

 

February Sales - 2015

Sales increased from 103 sales in January to 115 in February

 Days on Market decreased from 65 days in January to 57 days in February

 Average Price decreased from $422,870 in January to $415,139 in February

 List Price/Sold Price increased from 98.64% in January to 98.85% February

 

There was one short sale sold and one bank owned foreclosure sold.

(Distressed sales are very minimal as home values have increased substantially over the last couple of years.)

 

 

 

The highest sale was in Bell Mountain Ranch and sold for $1,050,000 and was built in 2002, has 6 bedrooms, 6 bathrooms, and a 4 car garage.  This beautiful custom home has 7,300 total square feet and is located on 10 acres.  This home was on the market for 168 days.

 

 Highest sale in Castle Rock - Feb. 2015

**Photo courtesy of Metrolist

 

 

As of today there are 312 active listings (attached and detached homes) available in Castle Rock with 3 being short sales and 3 being bank foreclosures.   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 266 properties showing under contract.  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.