Land Title Guarantee Company
512 Wilcox Street
Castle Rock, CO 80104
303-688-6363
Title insurance company in Castle Rock, Colorado.
Archive for category Castle Rock
Land Title is supporting Ducky Derby in Castle Rock by donating a rubber duck to buyers and sellers that close with Land Title in Castle Rock during the month of May. The Ducky Derby is the largest annual fundraiser sponsored by the local Rotary Clubs (morning club and Noon club) in Castle Rock.
At the first Ducky Derby, only 500 rubber ducks floated down East Plum Creek to a finish line, where the winners were awarded a few prizes. Each year since that modest beginning, the Ducky Derby has grown to the point that it now is a recognized and highly anticipated annual event for Castle Rock and surrounding community event. Last year’s event was attended by 3,000 to 4,000 people from all over the area including visitors from out of state. Nearly 8,000 ducks participated in the event with over 250 prizes awarded to lucky winners. ….and most importantly, over $30,000 net proceeds were raised and awarded to local, regional and international beneficiaries and humanitarian causes.
To find out more click here http://www.crduckyderby.com/
Castle Rock ended a difficult real estate year with 125 fewer single family homes closed than in 2008. Residential sales volume for single family homes totaled $408,606,090 for 2009 a 17% reduction in total volume over 2008. It took the average home 13 days longer to sell in 2009 a 12% increase over 2008. Average sold price for a single family home in Castle Rock slipped to $385,504 a decrease of 7% over 2008. Castle Rock saw the largest percentage drop in closing in the over $1 million price range with 23 homes selling above $1 million a reduction of 59% or 33 fewer home sales.
| 2008 | 2009 | % Change | |
| Sold | 1,193 | 1,068 | -10.5% |
| Total Sales Volume | 492,451,023 | 408,606,090 | -17.0% |
| Avg Days on Market | 109 | 122 | 11.9% |
| Median Sale Price | 322,000 | 315,000 | -2.2% |
| Avg Sale Price | 415,585 | 385,504 | -7.2% |
Based on Information from Metrolist, Inc. for the period Jan 2008 through present.Metrolist, Inc. Note: This representation is based in whole or in part on data supplied by Metrolist, Inc. does not guarantee nor is in any way responsible for its accuracy. Data maintained by metrolist, Inc. may not reflect all real estate activity in the market.
August 22nd from 10:00 am to 3:00 pm
Please join Keller Williams for the grand opening for their new office in Castle Rock. All real estate agents can bring flyers of listings to be displayed at the event. Enjoy a free lunch and a live band.
Keller Williams of Castle Rock is located at 140 S. Wilcox Street.
Keller Williams Grand Opening Castle Rock
Castle Rock Real Estate Sales May 2009
Castle Rock Real Estate Sales for the month of May 2009.
Street # Street Name Purchaser Seller Sale Price Recording Date Subdivision
5109 PINE RIVER TRL CANYON PINES III LLC BAINBRIDGE INC 948,000 5/7/2009 CASTLE PINES VILLAGE
6858 VISTA LODGE LOOP PETER & LINDA SCHRECK DARDENNE THERESA L 750,000 5/21/2009 CASTLE PINES NORTH
5045 MCCLURE LN JOSEPH M & SANDRA L PALMA HANNA RICHARD L 750,000 5/5/2009 CASTLE PINES VILLAGE
1843 AVERY WAY VOHN REGENSBURGER OAKWOOD HOMES LLC 630,200 5/15/2009 MEADOWS FILING 16 PCLS 01-4
2495 OAK VISTA CT LEONIDAS E PAXTON MARTIN ANDREW PIERCE LLC 580,000 5/20/2009 WOODLANDS
2425 HAWKEN DR MARK J & MARNIE LANSDOWN THOMPSON PAUL D & MARILYN A 575,000 5/11/2009 KEENE RANCH
401 CINNABAR DR DONALD & SARAH BROWN JPMORGAN CHASE BANK NA 559,900 5/19/2009 MAHER RANCH FILING 02
6744 KENT PL WILLIAM & JACQUELINE SANTOS PREWITT MICHAEL B & DIANE L 460,000 5/7/2009 CASTLE PINES NORTH
680 STONEMONT CT JOHN & NANCY BECK COOK STEPHEN D & PHYLLIS K 455,500 5/18/2009 CASTLE PINES NORTH
1067 CINNABAR DR ANTHONY R & LISA BEAUJON CWALT INC ALTE TRUST 2007-24 449,000 5/18/2009 MAHER RANCH FILING 02
6557 MARBLE LN JEFFREY H & RICIA A ROSENDAHL DR HORTON-CONTINENTAL SERIES 435,000 5/15/2009 MAHER RANCH
2735 BREEZY LN CHIECHI FAMILY LIVING TRUST JOYCE HOMES INC 375,000 5/7/2009 MEADOWS
1906 ROSE PETAL CT DANIEL & KIMBERLY SPUHLER FANNIE MAE 340,000 5/20/2009 RED HAWK
4623 GRAND VALLEY CT JESSE M & JOCELYN J H CAVENDER BROWN HENRY L & CYNTHIA M 330,000 5/5/2009 MEADOWS
3643 SUNRIDGE TERRACE DR PATRICK J & DIANE GORMLEY LOHSE JASON S & ANGELA J 315,000 5/19/2009 MEADOWS
3155 SPRINGBRIAR DR TIMOTHY P & KRIS K JUNG FANNIE MAE 311,100 5/21/2009 MEADOWS
3310 CREMELLO CT MICHAEL B & MOLLY M DUFFY WELLS FARGO ASSET SECS CORP 2 309,000 5/8/2009 HAZEN MOORE
7921 SOLSTICE WAY CORY R MCGILVERY CHADWICK TOINETTE R 305,000 5/18/2009 MAHER RANCH FILING 02
2310 WOODHOUSE LN DAN C & GINA PERKINS STRATEGIC CAPITAL RSRCS INC 299,900 5/18/2009 MEADOWS
5883 RANDOLPH AVE CHRISTOPHER S & JENNIFER M POSCH SMITH RICHARD M & MICHELLE S 298,294 5/8/2009 CASTLEWOOD RANCH
3803 DEER VALLEY DR SCOTT BLACKFORD FANNIE MAE 267,500 5/19/2009 CRYSTAL VALLEY RANCH
620 LEWIS ST JOEL T & JOANNA A OLSEN LEBLANC DAVID M & KIMBERLY 255,000 5/6/2009 CRAIG & GOULDS ADD
6985 WINTHROP CIR JAMES P & LISA M STONE LITTLEJOHN SUE L 255,000 5/15/2009 CASTLEWOOD RANCH
5981 S ROCK CREEK DR HEATHER J WARD BURCH STEPHEN P & JOSSELYN 244,000 5/12/2009 MEADOWS
5069 ECKERT CIR GEROLD A & MEGAN J PULCZINSKI SANDSTROM JOHN B & AMY A 243,000 5/14/2009 CASTLEWOOD RANCH
4194 MINERS CANDLE DR DAVID A & MEGAN SANDER MULAY MARY A 234,750 5/20/2009 MEADOWS
1131 N BURLINGTON DR ROBERT K & JULIE A HARRIST FIRST TRUST LENDING 225,000 5/13/2009 FOUNDERS VILLAGE
1455 INWOOD PL GALAXY CUSTOM HOMES LLC MORRISSEY SHARON 220,000 5/20/2009 CRYSTAL VALLEY RANCH
4800 N FOXTAIL DR KEVIN G & JILL SKELTON LEEDS DALE S 212,000 5/22/2009 MEADOWS
4356 E BENNINGTON AVE STANLEY P KOHLER ALEXANDER MICHAEL D & JILL C 205,000 5/6/2009 FOUNDERS VILLAGE
5588 CANYON VIEW DR MARK T HEIM HEIM DONNA M 204,000 5/12/2009 FOUNDERS VILLAGE
5417 E PRESCOTT AVE CODY C & RACHEL M HICKENLOOPER HURD JACK P & MARIA L 189,999 5/11/2009 VILLAGES CASTLE ROCK
1907 SANDHURST DR DAMIAN GOMEZ SATTERLEE GEORGIA L 181,000 5/22/2009 BALDWIN PARK ESTATES
7544 PINERIDGE TRL PAUL L & AUDREY R JOHNSON FIRST BOSTON ARMT 2005-11 175,000 5/20/2009 VILLA CARRIAGE HOMES AT PINERIDGE CONDO
6013 CASTLEGATE DR W D32 CHAD MELCO SHOEMAKER RENEE A 134,500 5/20/2009 CASTLE VILLAS CONDO
3630 COLLINS ST RENEE M SWEET DAVIES LEIGH R 121,000 5/12/2009 SILVER HEIGHTS AMD
246 S OMAN RD SAMUEL D & REBECCA L BETTENCOURT HALLORAN MICHAEL J 109,500 5/12/2009 ASPEN MEADOWS
This report is provided “as is” without warranty of any kind,either express or implied, including without limitations any warrantees of merchantability or fitness for a particular purpose. There is no representation of warranty that this information is complete or free from error, and the provider does not assume, and expressly disclaims, any liability to any person or entity for loss or damage caused by errors or omissions in this report.
In May 2009 Douglas and Elbert County posted 407 closed residential homes, a slight increase over the previous month. Overall Sales activity year to date is still trailing 2008. Inventory levels (number of homes on the market) has decreased with 50 fewer homes on the market compared to this time last year.
Based on Information from Metrolist, Inc. for the period Jan 2008 through present. Metrolist, Inc. Note: This representation is based in whole or in part on data supplied by Metrolist, Inc. does not guarantee nor is in any way responsible for its accuracy. Data maintained by metrolist, Inc. may not reflect all real estate activity in the market
Castle Rock Market Update
May 18
Here is my update of the Castle Rock residential real estate market by sale price range. For this analysis I pulled single family home sales from January 2009 to April 2009 and active inventory levels from May 17th 2009. The majority of sales in Castle Rock are under $500,000 with $200,000 to $299,999 price range posting the largest number of sales year to date, 72. Home priced under $200,000 have an average sold days on market of 62 days with an absorption rate of 5.5 months. The over a million market is facing very difficult times with absorption rate ballooning to 89 months and average sold days on market at 515. Please comment on what you are personally seeing in the Castle Rock market below.
| Price Range | # Sold YTD | Avg Sold DOM | Current Inventory | Absorption Rate (in months) |
|---|---|---|---|---|
| Under 200,000 | 28 | 62 | 55 | 5.5 |
| 200,000 - 299,999 | 72 | 84 | 204 | 7.8 |
| 300,000 - 399,999 | 61 | 118 | 219 | 9.1 |
| 400,000 - 499,999 | 38 | 110 | 116 | 8.9 |
| 500,000 - 599,999 | 14 | 164 | 65 | 13.0 |
| 600,000 - 749,999 | 13 | 156 | 104 | 52.0 |
| 750,000 - 999,999 | 15 | 177 | 129 | 32.3 |
| Over 1,000,000 | 10 | 515 | 178 | 89.0 |
Based on Information from Metrolist, Inc. for the period Jan 2009 through present.Metrolist, Inc. Note: This representation is based in whole or in part on data supplied by Metrolist, Inc. does not guarantee nor is in any way responsible for its accuracy. Data maintained by metrolist, Inc. may not reflect all real estate activity in the market. This information is not guaranteed.
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