Castle Rock Market Update - October 2014

 

 

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 51,348, 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 October reflected the slower market over September.   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 175 sales in September to 167 in October

 Days on Market decreased from 48 days in September to 38 days in October

 Average Price decreased from $408,541 in September to $357,988 in October

 Average Price/List Price increased from 98.87% in September to 99.06% October

 

There were 3 short sales sold and no bank owned foreclosures sold in October

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

 

Castle Rock Highest Sale - October 2014

 **Photo courtesy of Metrolist

 

The highest sale was in Castle Pines Village and sold for $1,300,000 and was built in 1989, has 4 bedrooms, 5 bathrooms, and a 3 car garage.  This beautiful custom home has 5,915 total square feet and is located on 1.7 acres.  This home was only on the market for 95 days.

 

 

Views in Castle Rock CO

As of today there are 397 active listings (attached and detached homes) available in Castle Rock with 1 being a short sale and 5 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 203 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.