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Castle Rock CO Real Estate Market Reports

Apr 2009

Castle Rock, Douglas County, CO 80104, 80108, 80109

  Mar 09 Apr 09
New Listings 200
139
Pending Sales 162 162
Closed Sales 75 103
Total Active Listings
1005
951
Average Sales Price $456,995 $395,309
Median Sales Price $327,000 $321,774
Average Price per Square Foot
$163/sf $150/sf
Average Days on Market
189 161
Percent of Original List Price
Received at Sale
89.9% 90.8%

Home sales have declined since last year.
About 23% less houses have sold this year compared to 2008. Bank owned homes consist about 30% of all sales. Many neighborhoods have a large number of houses for sale and values are not what they were two years ago. Summer months typically see more sales activity yet pending sales are down for May (107 under contract) compared to March and April.  


Can your house be sold? Honestly, yes and maybe. Yes, if the price is right. Maybe, because it depends on many factors, the most important ones being your motivation and needs. Do you have to sell or do you want to sell? See this article about what is my house doesn't sell for further information. 

If you are thinking about renting instead of selling your house. ASK us about our leasing and/or property management services. 

This Castle Rock Market Report is brought to you by Rita Burke, Kenna Real Estate. The report is for detached residential single family homes only and may not include all sales activity in the area. Figures for sold prices used are NET sold price, price after seller concessions or down payment assistance, if they were offered.  This report or any part of it may not be used without permission from Rita Burke.



Disclaimer: Data based on information from Metrolist, Inc. from 1/1/2006 to 5/1/2009. Metrolist Inc. does not guarantee nor is any way responsible for its accuracy. Content maintained by Metrolist Inc. may not reflect all real estate activity in the market. Information is deemed reliable but not guaranteed. Reported sales were not necessarily listed or sold by Kenna real estate and are intended only to show trends in the area.


Disclaimer:
Kenna Real Estate Blog does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.


Copyright 2009.© Kenna Real Estate. Rita Burke. Castle Rock Real Estate. Castle Rock Real Estate Agents Brian Burke and Rita Burke. All Rights Reserved. June 1st 2009. "Castle Rock CO Real Estate - Market Report Apr 09"