Here are the DCW Douglas County West – Homes in Castle Rock, Castle Pines and Sedalia – For Sale & Sold Homes Douglas County West – Residential Real Estate – Single Family Homes Total Active Homes 1557 Average Asking Price $765,719 New Real Estate Listings 571 Listings Back on Market 80 Sold Homes 149 Average Price Actually Sold $387,334 % of List Price 98% Days on Market 126 Under Contract Properties 181 Expired Listings 55 Douglas County West – Condos & Town Homes Total Active Homes 112 Average Asking Price $235,922 New Real Estate Listings 31 Listings Back on Market 8 Sold Properties 9 Average Price Actually Sold $169,122 % of List Price 97% Days on Market 99 Under Contract 29 Expired Listings 6 *Statistics from MLS deemed accurate but not guaranteed. *These numbers may not include homes that are sold by owner (FSBO) and New Construction

Here are the DCW Douglas County West – Homes in Castle Rock, Castle Pines and Sedalia – For Sale & Sold Home Numbers for April 2008.

Inventory in this area of the Denver real estate market is up a bit – and the level of homes sold and pending sales is actually down just a little – not exactly what we want to see. As always, this pocket of the market shows repeating trends that are consistent with the average price point (currently $755,710 for homes for sale) – luxury homes are going to take longer to sell. Price and condition remaining critical components of your marketing strategy. If you are not going to get real on your price, your home will stay for sale. One look at the average price of homes sold ($457,508) and that shows the higher priced homes bringing up that average just aren’t selling right now. Does this mean that if you have a higher end home it will not sell? No, but strategy is going to be crucial and the difference between sitting on the market and becoming part of the high days on market statistics or potentially being part of the sold statistics. Make sure that you are listening to your Denver REALTOR® and that they are giving you the cold hard facts, not just what you want to hear.

Douglas County West – Residential Real Estate – Single Family Homes
Total Active 1499 
Average Asking Price Price $755,710 
New Listings 600 
Listings Back on Market 116 
Sold 133 
Average Price Actually Sold $457,508 
% of List Price 96% 
Days on Market 115 
Under Contract 185 
Expired Listings 63 

Douglas County West – Condos & Town Homes 
Total Active 130 
Average Asking Price $230,594 
New Listings 53 
Listings Back on Market 6 
Sold 20 
Average Price actually sold $211,376 
% of List Price 98% 
Days on Market 98 
Under Contract 11 
Expired Listings 5

*Statistics from MLS deemed accurate but not guaranteed. *These numbers may not include homes that are sold by owner (FSBO) and New Construction