Castle Rock, CO Real Estate News

By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
  The Town of Castle Rock is located about 30 minutes (29 miles) south of Denver and enjoys a population of 70,687.  The elevation of Castle Rock is 6,202 feet above sea level.   Castle Rock includes Castle Pines and many rural farm areas outside the City limits.The Castle Rock real estate market for the month of April 2022 saw a bit of change in sales over the previous month, and we did see inventory increase, thankfully!    These stats include Castle Pines and Castle Pines Village, single-family detached homes, and multi-family homes, courtesy of Joan Cox, House to Home, Inc. Sales for April 2022Sales - 217 properties sold ranging from $207,000 to $3,250,000 (last month -  252 sales)Average Days on Market - 15 days,  4 Median days (last month - 20 days)Average Price $667,950List Price...
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By Mike Hendren
(Mike Hendren Photography)
In 2007 and 2008, there were almost 40,000 foreclosures filed in Colorado.  Last year, in 2009, that number surged to over 46,000.  There is encouraging news, however - about 80% of homeowners who met with a Colorado Foreclosure Hotlline counselor were able to avoid foreclosure. Another disturbing statistic shows that about 70% of the foreclosed homeowners never tried to sell their home.  Too many people are still unaware that when they can't make their house payment, they may still have options to avoid foreclosure. We all have a difficult time admitting when we're struggling financially, but that is what must be done when your home and your credit rating are at stake.  Financial distress is not uncommon and can be caused by a variety of factors beyond our control: A payment increase ...
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By Brian Burke, Broker & Advising Expert-Denver Luxury Real Estate
(Kenna Real Estate)
Castle Pines North Home Sales Market Report Dec. 2009 Castle Pines North CO 80108 ~ Residential Homes 18 homes sold in Castle Pines North in December 2009. Sold prices ranged from $306,300 to $895,000. Price per square foot ranged from $125 to $324 per square foot. Only one of the homes sold was a bank owned property. Home Sales Castle Pines North Dec 09 Closed Sales 18 Average Sales Price $491,757 Average Price per Square Foot $184 Average Days on Market 204 Percent of Original List Price 88.8% Castle Pines North Real Estate Market Sold  Dec. 2009 ~ 18Active Listings Jan 10, 2010 ~ 76Pending Jan 10, 2010 ~ 19 Homes for sale in Castle Pines North Homes for sale in Castle Rock If you have any questions or would like a custom Market Report for a specific area feel free to contact us at Ke...
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By Brian Burke, Broker & Advising Expert-Denver Luxury Real Estate
(Kenna Real Estate)
Castle Pines Village Luxury Homes Market Report Dec. 2009 Castle Pines Village, Castle Rock, CO 80108 ~ Residential Homes Five luxury homes sold in Castle Pines Village in December 2009. Sold prices ranged from $800,000 to $2,795,000. Price per square foot ranged from $331 to $483 per square foot. You see a large difference on days on market for luxury homes. Average days on market for Castle Rock zip code 80108 was 250 and for Castle Pines Village - 492 (Castle Pines North average days on market was 204).Home Sales Castle Pines Village Luxury Homes Dec 09 Closed Sales 5 Average Sales Price $1,739,000 Average Price per Square Foot $446 Average Days on Market 492 Percent of Original List Price 79.7% Castle Pines Village Real Estate Market Sold  Dec. 2009 ~ 5Active Listings Jan 10, 2010 ~...
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By Brian Burke, Broker & Advising Expert-Denver Luxury Real Estate
(Kenna Real Estate)
The Meadows Castle Rock Home Sales Market Report Residential Detached Single Family Homes ~ Dec 2009 11 Homes sold in The Meadows subdivision in Castle Rock in December. Sold prices ranged from $215,000 to $425,900. Price per square foot ranged from $113 to $170 per square foot. Five of the houses sold for under $120 per square foot. Three of the sold houses were bank owned and five were builder owned (new build).Home Sales The Meadows Castle Rock CO 80109 Dec 09 Closed Sales 11 Average Sales Price $289,719 Average Price per Square Foot $128 Average Days on Market 135 Percent of Original List Price 87.2% The Meadows Castle Rock Real Estate Market Sold  Dec. 2009 ~ 11Active Listings Jan 10, 2010 ~ 105Pending Jan 10, 2010 ~ 24Homes for sale in The Meadows Homes for sale in Castle Rock If ...
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By Brian Burke, Broker & Advising Expert-Denver Luxury Real Estate
(Kenna Real Estate)
Castle Rock Home Sales Market Report for zip code 80104 Dec 2000 ~ Residential detached homes 21 Homes sold in Castle Rock 80104 in December. Sold prices ranged from $125,100 to $965,000. Price per square foot ranged from $72 (short sale) to $298 per square foot. Five (24%) of the sold houses were bank owned.Home Sales Castle Rock CO 80104 Dec 09 Closed Sales 21 Average Sales Price $322,466 Average Price per Square Foot $142 Average Days on Market 115 Percent of Original List Price 91% 80104 Market Sold  Dec. 2009 ~ 21Active Listings Jan 10, 2010 ~ 219Pending Jan 10, 2010 ~ 45 Homes for sale in Castle Rock If you have any questions or would like a custom Market Report for a specific area feel free to contact us at Kenna Real Estate This Market Report is brought to you by Rita Burke, Ken...
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By Brian Burke, Broker & Advising Expert-Denver Luxury Real Estate
(Kenna Real Estate)
Castle Rock Home Sales Market Reportfor zip code 80109 Dec 200914 Homes sold in Castle Rock 80109 in December. Most of the homes were located in the Meadows subdivision. Sold prices ranged from $215,000 to $480,000. Price per square foot ranged from $113 to $175 per square foot. 50% of the houses sold for under $120 per square foot. Four sold houses were bank owned and six were builder owned (new build).Home Sales Castle Rock CO 80109   Dec 09 Closed Sales 14 Average Sales Price $301,273 Average Price per Square Foot $130 Average Days on Market 122 Percent of Original List Price 88.7% 80109 Market Sold  Dec. 2009 ~ 14Active Listings Jan 10, 2010 ~ 143Pending Jan 10, 2010 ~ 35 Homes for sale in Castle Rock If you have any questions or would like a custom Market Report for a specific area...
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By Brian Burke, Broker & Advising Expert-Denver Luxury Real Estate
(Kenna Real Estate)
Castle Rock Home Sales Market Reportfor zip code 80108 Dec 2009 - residential detached homes29 Homes sold in Castle Rock 80108 in December. Sold prices ranged from $147,000 to $2,795,000. Price per square foot ranged from $98 to $483 per square foot. Two houses sold for just over half of the original listing price. Both of them were luxury homes. E.g. house that was originally listed for $4,000,000 sold for $2,200,000.Home Sales Castle Rock CO 80108   Dec 09 Closed Sales 29 Average Sales Price $705,362 Average Price per Square Foot $239 Average Days on Market 250 Percent of Original List Price 79.7% 80108 Market Sold  Dec. 2009 ~ 29Active Listings Jan 10, 2010 ~ 369Pending Jan 10, 2010 ~ 42 Homes for sale in Castle Rock If you have any questions or would like a custom Market Report for ...
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By Kathy Torline, Colorado Springs Real Estate Blog 719-287-1049
(ERA Herman Group Real Estate)
Popcorn Ceilings gotta go Search for Colorado Springs Homes Related post:  The pictures tell the story One of my least favorite features in a house is a popcorn ceiling; and many of my clients who are looking at buying seem to feel the same way.   They are many reasons to get rid of it, but here's my top reasons: It's dingy If it's not painted,it fades It can get stained easily It can start flaking off It attracts cobwebs, dirt, and soot It's the mark of an older home AND, most importantly it's ugly Some Realtors (including myself) think popcorn removal is one of the best improvements to do to a house before selling. Here's some important steps to keep in mind The most important step before you start ............ have your ceiling tested to see if it contains asbestos, banned in the lat...
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By Mike Hendren
(Mike Hendren Photography)
Last night, the "blue moon" heralded what for me was a near perfect end to 2009 - delicious food, terrific wines, and the wonderful company of close friends.  Today, revealed a beginning to 2010 that was just as good - more great food and time spent with family and friends - all in the context of a truly beautiful day.  It really doesn't get any better! Resolutions?  For me - not really.  Just the determination to make the coming year better as I hope we all strive to make each new day a little bit better than the last one. "Once in a blue moon" - There are several definitions.  They vary from the 3rd full moon in a season that will have 4 full moons, to the 13th full moon in a calendar year, to the most accepted which is a 2nd full moon in a given month. Last night, we were treated to...
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Homeowners, if you are in financial distress and fear you may lose your home to foreclosure, please contact a Realtor® in your area who is an expert in distressed properties.  They may be able to help you avoid foreclosure.  As you can see from the following tables, foreclosure has much more drastic and long term financial consequences than a short sale does. This document is available HERE in its entirety (including footnotes) as a pdf file.  
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By Mike Hendren
(Mike Hendren Photography)
I've found a brand new website that is just photography tutorials of all kinds.  The website is Photogler.com It was founded by Andy Beal who picks the images for the site from those put in his group on Flickr, "Photogler".  It's only been going for a couple of months now, but every couple of days, Andy adds an image with descriptions of techniques used by the photographer.  It's a great place to go to learn new techniques and also to get ideas for your next photo shoot! Who knows - you just might see something there from someone you know.  :-)  
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By Mike Hendren
(Mike Hendren Photography)
This November's sold data outperformed, 2008, 2007 and 2006 in the number of single family and condo units closed for the month.  This is the first time in four years that we have seen a month outperform several years prior for the same period.  Of course, the $8000 Tax Credit, low interest rates and increased consumer confidence because of low housing prices fueled this years November closings. Additionally, the current number of Denver listings is at the lowest level for December in more than 5 years.  These low inventory numbers are in both single family homes and condominiums.  The continued decrease in listing inventories has continued now for 4 years and should continue to put pressure on buyers as competition for available homes increases - resulting in increasing prices.  So fa...
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By Brian Burke, Broker & Advising Expert-Denver Luxury Real Estate
(Kenna Real Estate)
Castle Rock Real Estate ~ Bank owned, Builder and other home sellersOctober 2009 66% of home sellers in Castle Rock in October were individual owners. 19% of sold homes were bank owned properties. The price per square foot of bank owned properties maxed out at $127/sf, unlike in 2008 when the price per square foot went from under $100/sf to over $200/sf - yes, for the bank owned homes. A few of the bank owned homes were sold in The Meadows and in Maher Ranch subdivisions in Castle Rock. Six of the 72 homes sold in Castle Rock in October were new construction, sold by builder. In October 2008 60% of Castle Rock home sellers were individual owners. 24% of homes sold in October of 08 were bank owned properties. For comparison bank owned homes in Highlands Ranch were at 12% in October 2008 ...
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By Brian Burke, Broker & Advising Expert-Denver Luxury Real Estate
(Kenna Real Estate)
Short Sale - Home for sale in Diamond Ridge in Castle Rock Custom home in a stunning location in Diamond Ridge Castle Rock, CO 80108. Absolutely spectacular mountain views and amazing views of the town of Castle Rock from this property. The home is sold AS-IS and is a short sale.5 bedrooms, 5 bathrooms6729 Finished square feet3-car garageYear Built 2000Lot size: 1.4 acresOffered at $890,000 Buyer to verify all information. Mold and structural problems may be present. Please call Listing agent Brian Burke for details and available reports before writing an offer. 303.710.2609 direct. More details and photos of 5499 Sunstone Ln Listing Agent: Brian Burke, Broker Kenna Real Estate 303.710.2609 Direct 303.955.4220 Office KennaRealEstate.com Disclaimer: Buyer to verify all information includ...
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By Mike Hendren
(Mike Hendren Photography)
Information courtesy of Jack O'Connor, Re/Max Professionals, LLC.All data taken from Metrolist, Inc, on Nov. 6, 2009.  Denver, Colorado. We had a great October, with sales outperforming the previous years numbers for the first time in 5 YEARS!  The number of homes sold also nearly matched that from 2006. One of the reasons cited for this positive market, is of course the First Time Home Buyers Tax Credit.  However, what has happened in addition to that (or maybe because of it) is the listing inventory is down considerably.  The number of single family homes and condos currently listed is about 35% less than what was on the market in 2006, and about 18% below last year's numbers.  What this means to buyers AND sellers is that with fewer homes on the market, there should be more competiti...
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By Brian Burke, Broker & Advising Expert-Denver Luxury Real Estate
(Kenna Real Estate)
Luxury Homes for sale in Castle Pines Village172 Homes are for sale in Castle Pines Village, Colorado as of Nov 3rd, 2009. The listing prices range from $420,000 to $6,800,000. 65% of the homes for sale have been on the market for more than 6 months. 38% more than a year. 13 new listings came on the market in October in Castle Pines Village. The number of houses on the market has increased since July and home sales have not picked up - it's pretty slow going. Why? Most of the homes for sale in Castle Pines Village are luxury homes with price tags of over one million dollars. Luxury home sales in Denver area in general have significantly slowed down since Nov 2008 and Castle Rock is feeling it too. Homes for Sale in Castle Pines Village ~ The numbers July 09 vs. Oct 09 JULY 09 OCT 09 Act...
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By Brian Burke, Broker & Advising Expert-Denver Luxury Real Estate
(Kenna Real Estate)
Homes for Sale in Castle Rock COResidential Homes for sale in Castle Rock, Douglas County, Colorado.As of Nov 3nd, 2009 there are 846 Homes for sale in Castle Rock Colorado. The listing prices range from $109,900 to $6,800,000. The price per square foot goes from $75 to $1193 per square foot. 150 houses are currently pending sale (under contract). 132 new listings came on the market in October 09.Search Homes for Sale in Castle RockSearch Homes for Sale in Castle PinesHOMES FOR SALE in Castle Rock by ZIP CODE 80104 80108 80109 Active Listings 271 401 174 New Listings (in Oct) 44 41 47 All Pending sales 69 49 32 Lowest Listed Price $109,900 $209,999 $189,000 Highest Listed Price $4,800,000* $6,800,000 $3,995,000 Lowest Price/square foot $75 $89 $95 Highest Price/square foot $648 $1193 $7...
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By Brian Burke, Broker & Advising Expert-Denver Luxury Real Estate
(Kenna Real Estate)
Castle Rock CO Luxury Homes for saleResidential Luxury Homes for Sale in Castle Rock Colorado ~ Nov 1st, 2009 There are 152 luxury homes for sale in Castle Rock (as of Nov 1st) The highest listing price is $6,800,000 The lowest price per square foot $197 The highest price per square foot $1320 The longest a house as been listed (days on market) 1320 days Many of the luxury homes for sale are in Castle Pines Village gated community Search Castle Rock Luxury Homes for sale*Disclaimer: Data based on information from Metrolist, Inc.  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 li...
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By Mike Hendren
(Mike Hendren Photography)
So . . . How's the Market in October, 2009? According to Jack O'Connor, an Owner/Broker of Re/Max Professionals, LLC, our market is showing signs of turning around.  The statistics show that Sept., 2009, actually had more sales close than in Sept., 2007, and the number of properties under contract is at the highest level (for October) in 5 years. Another very positive indicator is that the current number of active listings is at the lowest level in the last 5 years as listing inventories continue to decline.  This has decreased the average time on the market to less than 100 days and should help prices begin to increase. It's not all good news yet as the better performing segments are still in the lower price ranges below $300,000. If you do consider selling your home, there are some th...
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