Castle Rock Market Update - September 2014
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 September reflected tad slower than August. 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 187 sales in August to 175 in September
Days on Market decreased from 49 days in August to 48 days in September
Average Price increased from $389,522 in August to $408,541 in September
Average Price/List Price increased from 98.81% in August to 98.87% September
There was one short sales sold and two bank owned foreclosures sold.
(Distressed sales are very minimal as home values have increased substantially over the last couple of years.)
The highest sale was in Castle Pines Village and sold for $1,445,000 and was brand new construction (2014), has 4 bedrooms, 5 bathrooms, and a 3 car garage. This beautiful custom home has 4,206 total square feet and is located on .84 acres. This home was on the market for 273 days.
**Photo courtesy of Metrolist
As of today there are 412 active listings (attached and detached homes) available in Castle Rock with 4 being short sales and 2 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 226 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.