Live on the edge of the Rockies in historic Castle Rock, CO. CNN Money, Family Circle, and Relocate America all named the city one of the best in the country. Pike’s Peak is viewed from practically any property in its varying neighborhoods. Two cities sit a short 30-minute drive away: Denver and Colorado Springs. You can find a variety of homes in the area and statistics that show why Castle Rock is a buyer’s market.

Castle Rock Colorado Real Estate

Current Market Condition in Castle Rock

Castle Rock is slowly becoming a seller’s market, but with over 500 homes for sale the buyer is maintaining the advantage. Currently, the median sale of a house is $305k. This is almost a two percent increase in the last year and it is projected to increase another one percent in 2014. These prices place the average square foot cost at $158 making Castle Rock more affordable than neighboring Denver. While foreclosure rates were significantly high in 2007, the rate dropped to 2:10,000 homes. This is not only lower than Denver, but half of the country’s average. Other statistical information regarding the housing market include

  • 25.5 percent of houses for sale drop their prices

  • Average rental is $2,139

  • 4.3 percent increase in home value

Castle Rock Homes

Castle Rock has a variety of homes and features more of a mix than Denver. These are broken apart with

  • 66.7 percent of properties single-family homes

  • 10.8 percent of properties are condos

  • 22.5 percent of properties are other

While you can find a few houses built before 1980, an overwhelming majority was built after 2000. This means, more than likely, you are going to end up with a new build. Contractors are still offering customized houses in the area as well. The average square footage is 2,161 making these spacious homes. If you choose to live in Castle Rock, you will enjoy a lower than average property tax. At $600 cheaper than the national average, property taxes will run you about $2,465 per year.

Castle Rock Home Amenities

With most residences built this decade, you can expect to find amenities older areas cannot offer. Most contain a minimum of one garage, with many utilizing two. The average single-family Castle Rock home also has

  • 4 bedrooms

  • 3 bathrooms

  • Master bathroom with soaking tub

  • Open floor living plan

  • Fireplace

  • Large yards over 2,000 square feet

Castle Rock gives you the opportunity to live in the new frontier of the Rockies. A family-focused city, the schools offer your children a quality education as well. Castle Rock allows you to be near the amenities of a large city without feeling swallowed by it. David Person, with Colorado Homes Connection, can put together a CMA if you are ready to sell your home or help you find the right one. Contact him at 720-854-9501 to get started.