Castle Rock, Colo. Market report

This week the median list price for single family home in Castle Rock, CO is $824,900.  Condos and Townhomes average price is $450,000. Single Family Homes: Median List Price $824,900 Median Price of New Listings $757,500 Per Square Foot $223 Average Days on Market 96 Median Days on Market 63 Price Decreased 52% Price Increased 2% Relisted 8% Inventory 517 Median Rent $3,050 Looking to buy or sell in the Castle Rock area, give me a call. … Continue reading...

Denver Market made the top 10 list.

Denver Made The Top 10 List for Major Cities Showing Market Correction As we close out the first half of the year for the 2025 Real Estate Market, we see that re-aligning expectations with present conditions is the reality of the day. Contracts are slow, homes are lingering on the market, and price reductions are becoming more common.   Denver Housing Market was in the Top 10 Major Cities for price reductions and corrections according to Inman News and additional data from Realtor.com.   We all entered this year with high hopes and … Continue reading...

What is your home worth?

Discover Your Home's True Value Today! Curious about what your home could sell for in the current market? With decades of experience in real estate, I offer personalized insights and expertise to help you understand your property's worth. Reach out now for a complimentary home valuation and explore the possibilities for your future. Let's unlock the potential of your home together! … Continue reading...

Sellers are looking to sell with interest rates coming down

If you’re looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability. But there’s another way this benefits you – it may inspire more homeowners to put their houses up for sale. The Mortgage Rate Lock-In Effect Over the past year, one factor that’s really limited the options for your move is how few homes were on the market. That’s because many homeowners chose to delay their plans to sell once mortgage rates went up. An article from Freddie Mac explains: “The lack of housing supply was partly driven by the rate lock-in effect. . … Continue reading...

Real Estate market is changing

Life is a journey filled with unexpected twists and turns, like the excitement of welcoming a new addition, retiring and starting a new adventure, or the bittersweet feeling of an empty nest. If something like this is changing in your own life, you may be considering buying or selling a house. That’s because through all these life-altering events, there is one common thread—the need to move. Reasons People Still Need To Move Today According to the National Association of Realtors (NAR) there have been a lot of this type of milestone or life change over the last two years (see graph … Continue reading...

Renting vs. Buying

Rental affordability is a big issue in our area and while rental prices increase, there is no benefit to your long-term plan to pay someone else’s mortgage when you could be gaining equity in your very own home. There are other advantages as well including being able to accommodate your pets, the pride of home ownership and choosing you exact neighborhood and price range. The latest rental report from Realtor.com shows rents are continuing to grow which means you’ll get less home for the same amount of money. “In March 2023, the U.S. rental market experienced single-digit growth for … Continue reading...

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