Buying Real Estate in Castle Rock
Castle Rock is close to bursting. While overall inventory is low, new construction including downtown condo builds and neighborhoods have helped ease the supply burden. Even with the new builds, the Castle Rock real estate market is ultra-competitive. According to real estate resource Movoto, as of July 2019, there are 494 available homes in active inventory, up 12% from the same time last year, but not many homes to work with. Redfin ranks Castle Rock 84 out of 100 in competitiveness which is no surprise considering homes average less than two offers before selling.
Selling Real Estate in Castle Rock
The real trick to selling real estate in Castle Rock is getting your hands on the inventory. Once you have it, the good news is that it moves quickly. If you have a solid single-family home, you can likely get a cash offer for a smooth and painless sale or you can wait and see what type of high ball offers you can score. Some real estate speculators forecast the Denver metro real estate market will slow soon, but the Castle Rock market remains a seller’s paradise.
Closing the Deal in Castle Rock
Castle Rock has blossomed from a small suburb and farming community into one of the fastest-growing towns in all of Colorado. Buying and selling real estate in Castle Rock can be tricky due to the low inventory but the high-income homebuyers, families looking for a place to settle, and rapidly expanding amenities make Castle Rock and ideal town for any determined real estate professional.