CASTLE ROCK AWAITS

Based in Castle Rock, The Meissner Group specializes in residential real estate.

Colorado’s Front Range is booming, and real estate is big business. The Denver metro is rapidly expanding and some southern areas that used to be considered ‘cow towns’ are now established communities – like Castle Rock.

It can be tough to keep up with the sprawling Denver metro real estate market, especially a surging town like Castle Rock but we hope we can help.At The Meissner Group of Castle Rock we know that buying and selling a home is a life changing and momentous occasion. It is more than just a transaction to all parties involved. Our team strives to provide exceptional service to all our clients, building strong relationships through personalized and professional service.

Castle Rock at a Glance

In 1990 people would have thought you were turning to ranching if you moved to Castle Rock but now families all over the country are moving for the quieter pace of life and acres of green space. The increased population has seen Castle Rock build new shopping centers, schools, entertainment venues, and revitalize the sleepy downtown. Despite several new builds, Castle Rock is a very competitive real estate market.

Castle Rock Real Estate Demographics Quick States

  • Population: 53,789 (96% urban, 4% rural)

  • Median Age: 34.6

  • Married: 68%

  • Family with Children Under 18: 57%

  • High School or Higher: 98%

  • Bachelor’s Degree or Higher: 49%

  • Homeowners: 76%

  • Median Home Price: $475,900

  • Median Household Income: $95,570

  • Unemployment: 2.2%

  • Driving Distance Denver Tech Center: 18 mi

  • Driving Distance Downtown Denver: 30 mi

Castle Rock Real Estate Demographic Takeaways

Numbers don’t lie; Castle Rock is a great place for educated young families, middle to upper-income earners, and married couples. Many of Castle Rock’s urban professionals commute to the Denver Tech Center for work and bring their six-figure incomes back to the town. Larger than average incomes are needed for Castle Rock’s competitive housing market.

Like all Denver-metro towns, the cost of living in Castle Rock is higher than average and climbing. According to Sperling’s Best Places, Castle Rock has a cost of living index of 155.3 where 100 is the national average. The costliest factors in Castle Rock include median home cost, overall housing expenses, transportation, and miscellaneous expenses like entertainment and local services.

Education resource GreatSchools gives Castle Rock school systems average to above-average grades. Any parents can rest easy though knowing Castle Rock school systems are partially funded by Douglas County, the nation’s fifth wealthiest county. Beyond public schools, there are several private school options in and around Castle Rock.

Castle Rock has several shopping options in the local shops of downtown, the sprawling Outlets at Castle Rock, and will soon be home to the Promenade at Castle Rock, a master-planned shopping and entertainment center currently under construction in North Castle Rock.

Castle Rock’s downtown has been transformed over the last ten years. What was once a spot for specialized small businesses is now a mix of shops, restaurants, taverns, and several unique locally owned venues. Within a few blocks, you can have Italian on a patio, delicious hamburgers at a brewery, or bratwurst at a Bavarian-styled beer garden.

Castle Rock is perfect for an outdoors-loving family with several miles of trails and hundreds of acres of green space. Numerous well-maintained parks dot the town, and the newly opened Miller Activity Complex will have you ziplining across Douglas County. Breweries like Burly Brewing Company are popular for the whole family with adult beverages and plenty of games.

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.