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
