Archive for category Castle Rock

Castle Rock Real Estate Summary for 2009

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.

20082009% Change
Sold1,1931,068-10.5%
Total Sales Volume492,451,023408,606,090-17.0%
Avg Days on Market10912211.9%
Median Sale Price322,000315,000-2.2%
Avg Sale Price415,585385,504-7.2%
Castle Rock Real Estate Summary 2009 - Residential only

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.

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Keller Williams Castle Rock – Grand Opening

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

Keller Williams Grand Opening Castle Rock

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Castle Rock Real Estate Sales – May 2009

Castle Rock Real Estate Sales May 2009

Street #Street NamePurchaserSellerSale PriceRecording DateSubdivision
5109PINE RIVER TRLCANYON PINES III LLCBAINBRIDGE INC948,0005/7/2009CASTLE PINES VILLAGE
6858VISTA LODGE LOOPPETER & LINDA SCHRECKDARDENNE THERESA L750,0005/21/2009CASTLE PINES NORTH
5045MCCLURE LNJOSEPH M & SANDRA L PALMAHANNA RICHARD L750,0005/5/2009CASTLE PINES VILLAGE
1843AVERY WAYVOHN REGENSBURGEROAKWOOD HOMES LLC630,2005/15/2009MEADOWS FILING 16 PCLS 01-4
2495OAK VISTA CTLEONIDAS E PAXTONMARTIN ANDREW PIERCE LLC580,0005/20/2009WOODLANDS
2425HAWKEN DRMARK J & MARNIE LANSDOWNTHOMPSON PAUL D & MARILYN A575,0005/11/2009KEENE RANCH
401CINNABAR DRDONALD & SARAH BROWNJPMORGAN CHASE BANK NA559,9005/19/2009MAHER RANCH FILING 02
6744KENT PLWILLIAM & JACQUELINE SANTOSPREWITT MICHAEL B & DIANE L460,0005/7/2009CASTLE PINES NORTH
680STONEMONT CTJOHN & NANCY BECKCOOK STEPHEN D & PHYLLIS K455,5005/18/2009CASTLE PINES NORTH
1067CINNABAR DRANTHONY R & LISA BEAUJONCWALT INC ALTE TRUST 2007-24449,0005/18/2009MAHER RANCH FILING 02
6557MARBLE LNJEFFREY H & RICIA A ROSENDAHLDR HORTON-CONTINENTAL SERIES435,0005/15/2009MAHER RANCH
2735BREEZY LNCHIECHI FAMILY LIVING TRUSTJOYCE HOMES INC375,0005/7/2009MEADOWS
1906ROSE PETAL CTDANIEL & KIMBERLY SPUHLERFANNIE MAE340,0005/20/2009RED HAWK
4623GRAND VALLEY CTJESSE M & JOCELYN J H CAVENDERBROWN HENRY L & CYNTHIA M330,0005/5/2009MEADOWS
3643SUNRIDGE TERRACE DRPATRICK J & DIANE GORMLEYLOHSE JASON S & ANGELA J315,0005/19/2009MEADOWS
3155SPRINGBRIAR DRTIMOTHY P & KRIS K JUNGFANNIE MAE311,1005/21/2009MEADOWS
3310CREMELLO CTMICHAEL B & MOLLY M DUFFYWELLS FARGO ASSET SECS CORP 2309,0005/8/2009HAZEN MOORE
7921SOLSTICE WAYCORY R MCGILVERYCHADWICK TOINETTE R305,0005/18/2009MAHER RANCH FILING 02
2310WOODHOUSE LNDAN C & GINA PERKINSSTRATEGIC CAPITAL RSRCS INC299,9005/18/2009MEADOWS
5883RANDOLPH AVECHRISTOPHER S & JENNIFER M POSCHSMITH RICHARD M & MICHELLE S298,2945/8/2009CASTLEWOOD RANCH
3803DEER VALLEY DRSCOTT BLACKFORDFANNIE MAE267,5005/19/2009CRYSTAL VALLEY RANCH
620LEWIS STJOEL T & JOANNA A OLSENLEBLANC DAVID M & KIMBERLY255,0005/6/2009CRAIG & GOULDS ADD
6985WINTHROP CIRJAMES P & LISA M STONELITTLEJOHN SUE L255,0005/15/2009CASTLEWOOD RANCH
5981S ROCK CREEK DRHEATHER J WARDBURCH STEPHEN P & JOSSELYN244,0005/12/2009MEADOWS
5069ECKERT CIRGEROLD A & MEGAN J PULCZINSKISANDSTROM JOHN B & AMY A243,0005/14/2009CASTLEWOOD RANCH
4194MINERS CANDLE DRDAVID A & MEGAN SANDERMULAY MARY A234,7505/20/2009MEADOWS
1131N BURLINGTON DRROBERT K & JULIE A HARRISTFIRST TRUST LENDING225,0005/13/2009FOUNDERS VILLAGE
1455INWOOD PLGALAXY CUSTOM HOMES LLCMORRISSEY SHARON220,0005/20/2009CRYSTAL VALLEY RANCH
4800N FOXTAIL DRKEVIN G & JILL SKELTONLEEDS DALE S212,0005/22/2009MEADOWS
4356E BENNINGTON AVESTANLEY P KOHLERALEXANDER MICHAEL D & JILL C205,0005/6/2009FOUNDERS VILLAGE
5588CANYON VIEW DRMARK T HEIMHEIM DONNA M204,0005/12/2009FOUNDERS VILLAGE
5417E PRESCOTT AVECODY C & RACHEL M HICKENLOOPERHURD JACK P & MARIA L189,9995/11/2009VILLAGES CASTLE ROCK
1907SANDHURST DRDAMIAN GOMEZSATTERLEE GEORGIA L181,0005/22/2009BALDWIN PARK ESTATES
7544PINERIDGE TRLPAUL L & AUDREY R JOHNSONFIRST BOSTON ARMT 2005-11175,0005/20/2009VILLA CARRIAGE HOMES AT PINERIDGE CONDO
6013CASTLEGATE DR W D32CHAD MELCOSHOEMAKER RENEE A134,5005/20/2009CASTLE VILLAS CONDO
3630COLLINS STRENEE M SWEETDAVIES LEIGH R121,0005/12/2009SILVER HEIGHTS AMD
246S OMAN RDSAMUEL D & REBECCA L BETTENCOURTHALLORAN MICHAEL J109,5005/12/2009ASPEN MEADOWS
Castle Rock Real Estate Sales for the month of May 2009.

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.
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Increase is sales activitiy for Douglas & Elbert County

increaseIn 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

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Castle Rock Market Update

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 YTDAvg Sold DOMCurrent InventoryAbsorption Rate (in months)
Under 200,0002862555.5
200,000 - 299,99972842047.8
300,000 - 399,999611182199.1
400,000 - 499,999381101168.9
500,000 - 599,999141646513.0
600,000 - 749,9991315610452.0
750,000 - 999,9991517712932.3
Over 1,000,0001051517889.0

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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