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Castle Rock Real Estate - bank owned, builder and other sellers

By
Real Estate Broker/Owner with Kenna Real Estate ER40035749

Castle Rock Real Estate ~ Bank owned, Builder and other home sellers
October 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.

Castle Rock Real Estate - seller types graph 09

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 and 8% in October of 2009.

Castle Rock Real Estate - seller types graph 08


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*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 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. All Rights Reserved. Nov 22nd 2009. "Castle Rock Real Estate - Bank owned, Builder, and other home seller stats"

David Zablatsky
Avant Realty Group - Needham, MA
Real Estate - Needham, MA

Rita,

 

Nice pie charts and good information, thank you for sharing.

 

-David

Nov 22, 2009 03:26 PM