Market analysis jane

The Bartic Group's Market Report Castle Rock, CO REPORT FOR 5/17/2022 Single-Family Homes

Presented by Bartic Group 720-208-7200 info@thebarticgroup.com

Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Castle Rock, CO

This week the median list price for Castle Rock, CO is $807,000 with the market action index hovering around 84.

This is less than last month's market action index of 87.

Inventory has increased to 159.

Real-Time Market Profile Median List Price

$807,000

Market Action Index

Median Price of New Listings

$755,680

This answers “How’s the Market?” by comparing rate of sales versus

Per Square Foot

$220

Average Days on Market

29

Median Days on Market

7

Price Decreased

28%

Price Increased

9%

Relisted

5%

Inventory

159

Median Rent

$2,850

Market Action

84

inventory.

50

40

Buyer's Market

60

Seller's Market

70

100

10

0

on

84

90

M

ay Tod th

Las t

80

20

30

Strong Seller's Market The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Strong Seller's Market

Market Segments Each segment below represents approximately 25% of the market ordered by price.

Median Price

Sq. Ft.

Lot Size

Beds

Bath

Age

New

Absorbed

DOM

$1,765,000

6,132

1 - 2.5 acres

5

5

19

6

7

21

$873,665

4,628

8,000 - 10,000 sqft

4

3.8

6

14

9

14

$749,450

3,576

6,500 - 8,000 sqft

4

3

3

17

11

7

$654,000

2,935

4,500 - 6,500 sqft

3

3

9

16

18

7

Tue May 17 2022

2 of 6

Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Castle Rock, CO

Median List Price

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend. $900K

$800K

$700K

$600K

$500K May 2019

Oct 2019

Feb 2020

Jun 2020

Oct 2020

7-Day Average

Feb 2021

Jun 2021

Oct 2021

Feb 2022

90-Day Average

Segments

Pricing in the upper-half of the market (Quartiles 1 and 2) has been showing weakness recently while prices in the lower-half have remained strong. Quartiles 3 and 4 have been increasing in the last few weeks. These convergent trends cannot continue indefinitely, so look to the Market Action Index Quartile breakdown to see which group will change direction. $3.0M

$2.5M

$2.0M

$1.5M

$1.0M

$500K

$0 May 2019

Oct 2019

Feb 2020

Top 90-Day

Jun 2020

Oct 2020

Upper 90-Day

Feb 2021

Lower 90-Day

Tue May 17 2022

Jun 2021

Oct 2021

Feb 2022

Bottom 90-Day

3 of 6

Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Castle Rock, CO

Price Per Square Foot

The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels. $275

$250

$225

$200

$175

$150

$125 May 2019

Oct 2019

Feb 2020

Jun 2020

Oct 2020

7-Day Average

Feb 2021

Jun 2021

Oct 2021

Feb 2022

90-Day Average

Inventory

Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.

500

400

300

200

100

0 May 2019

Oct 2019

Feb 2020

Jun 2020

Oct 2020

7-Day Average

Feb 2021

Jun 2021

Oct 2021

Feb 2022

90-Day Average

Tue May 17 2022

4 of 6

Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Castle Rock, CO

Market Action Index

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

120

100

80

60

40

20 May 2019

Oct 2019

Feb 2020

Jun 2020

Oct 2020

7-Day Average

Feb 2021

Jun 2021

Oct 2021

Feb 2022

90-Day Average

Market Action Segments

Not surprisingly, all segments in the market are showing high levels of demand. Watch the quartiles for changes before the whole market changes. Often one end of the market (e.g. the high-end) will weaken before the rest of the market and signal a slowdown for the whole group.

120

100

80

60

40

20 May 2019

Oct 2019

Feb 2020

Top 90-Day

Jun 2020

Oct 2020

Upper 90-Day

Feb 2021

Lower 90-Day

Tue May 17 2022

Jun 2021

Oct 2021

Feb 2022

Bottom 90-Day

5 of 6

Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Castle Rock, CO

Median Days on Market (DOM)

The properties have been on the market for an average of 37 days. Half of the listings have come newly on the market in the past 6 or so days. Watch the 90-day DOM trend for signals of a changing market.

125

100

75

50

25

0 May 2019

Oct 2019

Feb 2020

Jun 2020

Oct 2020

7-Day Average

Feb 2021

Jun 2021

Oct 2021

Feb 2022

90-Day Average

Segments

It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.

250

200

150

100

50

0 May 2019

Oct 2019

Feb 2020

Top 90-Day

Jun 2020

Oct 2020

Upper 90-Day

Feb 2021

Lower 90-Day

Tue May 17 2022

Jun 2021

Oct 2021

Feb 2022

Bottom 90-Day

6 of 6

2205 Mount Royal Dr, Castle Rock, CO 80104-2738, Douglas County APN: R0333930

CLIP: 5847703425

MLS Beds 3

MLS Full Baths 2

Half Baths N/A

MLS Sale Price $349,995

MLS Sq Ft 3,361

Lot Sq Ft 2,178

Yr Built 1985

Type TH/RH

MLS Sale Date 12/08/2014

OWNER INFORMATION

Owner Name

Sumrall Malenna A

Mailing ZIP 4

2738

Mailing Address

2205 Mount Royal Dr (no mail)

Mailing Carrier Route

C009

Mailing City & State

Castle Rock, CO

Owner Occupied

Yes

Mailing Zip

80104

DMA No Mail Flag

Y

Property Zip

80104

Census Tract

145.05

Property Zip4

2738

Neighborhood Code

432-432

Property Carrier Route

C009

Township

08

School District

Douglas County Re 1

Range

67

Elementary School

South Ridge

Section

14

Middle School

Mesa

Quarter

SW

High School

Douglas County

Block

2

Subdivision

Players Club Villas Twnhs

Lot

19

PIN

R0333930

% Improved

78%

Alternate PIN

250514307005

Tax District

0217

Schedule Number

0333930

Legal Description

LOT 19 BLK 2 PLAYERS CLUB VIL LAS TOWNHOME # 2 AMENDED FI NAL PLAT OF BLK 2 0.050 AM/L

LOCATION INFORMATION

TAX INFORMATION

ASSESSMENT & TAX

Assessment Year

2021

2020

2019

Market Value - Land

$104,000

$56,000

$56,000

Market Value - Improved

$376,627

$364,964

$364,964

Market Value - Total

$480,627

$420,964

$420,964

Assessed Value - Land

$7,440

$4,000

$4,000

Assessed Value - Improved

$26,930

$26,090

$26,090

Assessed Value - Total

$34,370

$30,090

$30,090

YOY Assessed Change (%)

14.22%

0%

YOY Assessed Change ($)

$4,280

$0

Tax Year

Total Tax

Change ($)

Change (%)

2019

$2,060

2020

$2,050

-$10

-0.5%

2021

$2,324

$274

13.37%

CHARACTERISTICS

Lot Acres

0.05

Bedrooms

3

Lot Sq Ft

2,178

Baths - Total

Tax: 3 MLS: 4

Land Use - County

Townhouse Improvement

MLS Total Baths

4

Land Use - CoreLogic

Townhouse/Rowhouse

Baths - Full

Tax: 3 MLS: 2

Building Type

Townhouse

Baths - Half

MLS: 1

Style

Townhouse

Stories

1

Year Built

1985

Fireplace

Y

Bldg Sq Ft - Above Ground

1,811

Fireplaces

1

Bldg Sq Ft - Basement

1,812

Cooling Type

Central

Bldg Sq Ft - Finished Basement

1,552

Heat Type

Central

Bldg Sq Ft - Unfinished Basement

260

Garage Type

Attached Garage

Bldg Sq Ft - Total

3,623

Garage Capacity

MLS: 2

Bldg Sq Ft - Finished

Tax: 3,363 MLS: 3,361

Garage Sq Ft

378

Basement Type

Tax: Walk Out MLS: Slab

Roof Material

Wood Shake

# Buildings

1

Exterior

Frame

Total Rooms

7

Quality

Good

Property Details

Courtesy of Holly Vogel, REcolorado

The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.

Generated on: 05/17/22 Page 1/3

SELL SCORE

Rating

Low

Sell Score

465

Value As Of

2022-05-15 05:24:09

LISTING INFORMATION

MLS Listing Id

4962751

MLS Close Price

$349,995

MLS Days On Market

31

MLS Listing Contract Date

10/20/2014

MLS Source

REcolorado

MLS Close Date

12/08/2014

MLS Status

Closed

MLS List Office Name

EXIT REALTY DENVER TECH CEN TER

MLS Status Change Date

12/08/2014

MLS List Agent Full Name

006681-Laura Losaw

MLS Current Price

$349,995

MLS Buyer Agent Full Name

010774-Carolyn Erickson

MLS Original List Price

$365,000

MLS Buyer Office Name

NEXSTEP REAL ESTATE GROUP

Sale Date

12/08/2014

Deed Type

Warranty Deed

Sale Price

$349,995

Owner Name

Sumrall Malenna A

Price per SqFt - Finished

$104.07

Seller

Whitefield Suzzanne A & Glen T

Document Number

71585

LAST MARKET SALE & SALES HISTORY

Sale Date

12/08/2014

Sale Price

$349,995

08/17/2007

Nominal

08/15/2005

03/24/1997

$256,500

$215,000

11/03/1992

Y

Y

Buyer

Sumrall Malenna A & R aymond O

Whitefield Glen T & Su zzanne A

Whitefield Glen T & Su zanne A

Miller Millage C III & K H

Helman Jack & Helman Marilyn L

Buyer

Sumrall Raymond O

Whitefield Suzzanne A

Whitefield Suzanne A

Miller K H

Helman Helman Marily nL

Seller

Whitefield Suzzanne A & Glen T

Whitefield Glen T & Su zzanne A

Miller Kathryn H

Helman Jack & Marilyn L

Helman Jack

Document Number

71585

67877

77018

1418-433

1096-188

Document Type

Warranty Deed

Special Warranty Deed

Warranty Deed

Warranty Deed

Quit Claim Deed

Title Company

Land Title Guarantee

Attorney Only

Land Title Corp

Security Title & Guaran ty Co.

Sale Date

06/14/1990

09/01/1989

06/02/1989

Sale Price

$100

$112,800

$180,745

Nominal

Y

Buyer

Helman Jack

Thomas Marilyn L

General Electric Mtg Securitie

Seller

Thomas Marilyn

General Electric Mtg Securitie

Heiland Juanita M

Document Number

917-239

871-770

869-205

Document Type

Quit Claim Deed

Special Warranty Deed

Public Trustees Deed

Buyer

Title Company MORTGAGE HISTORY

Mortgage Date

04/26/2004

11/27/2001

12/14/1998

09/07/1989

Mortgage Amount

$50,000

$50,000

$40,000

$90,200

Mortgage Lender

Firstbank/Douglas Cnty

Firstbank/Douglas Cnty

First Bk/Douglas Cnty

Metropolitan Fin'l Mtg

Borrower

Miller Kathryn H

Miller Millage C

Miller Millage C III

Thomas Marilyn L

Miller Kathryn N

Miller K H

Borrower Mortgage Type

Conventional

Conventional

Conventional

Conventional

Mortgage Purpose

Refi

Refi

Refi

Resale

Mortgage Int Rate Type

Fixed Rate Loan

Adjustable Int Rate Loan

Adjustable Int Rate Loan

Mortgage Term

10

10

Mortgage Term

Years

Years

Property Details

Courtesy of Holly Vogel, REcolorado

The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.

Generated on: 05/17/22 Page 2/3

PROPERTY MAP

*Lot Dimensions are Estimated

Property Details

Courtesy of Holly Vogel, REcolorado

The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.

Generated on: 05/17/22 Page 3/3

Map of Property Locations

2369 Mount Royal Drive, Castle Rock, CO 80104 Listing Id: 3369627 Status: Active 05/05/22 Price: $525,000 1 Subtype: TWH Ttl SqFt: 2,616 Bd/Bth: 2/3 Show #: 303-573-7469 40 Peachtree Circle, Castle Rock, CO 80104 Listing Id: 3610391 Status: Pending 05/09/22 Price: $595,000 3 Subtype: TWH Ttl SqFt: 3,476 Bd/Bth: 4/4 Show #:

2212 Emerald Drive, Castle Rock, CO 80104 Listing Id: 2963392 Status: Pending 05/14/22 Price: $525,000 Subtype: TWH 2 Ttl SqFt: 3,566 Bd/Bth: 3/3 Show #: 800-746-9464

Broker 1 Page 2369 Mount Royal Drive, Castle Rock, CO 80104 (Status: Active, Listing ID: 3369627) County: Douglas List Price: $525,000 Property Type: Residential Original List Price: $525,000 Property Subtype: Townhouse Levels: Two Basement: Yes Structure Type: Townhouse Year Built: 1996 Subdivision Name: Player's Club Villas Listing Contract Date: 05/05/2022 Days In MLS: 12 Association: Y Multiple: Y Cov/Rest: Y Assoc Fee Tot Annl: $4,980.00 Tax Annual Amt: $1,930 Tax Year: 2021 Tax Legal Desc: LOT 7 BLK 3 PLAYERS CLUB VILLAS TOWNHOME #2 3RD AMENDMENT. 0.037 AM/L Interior Area & SqFt Building Area Total (SqFt Total): 2,616 Living Area (SqFt Finished): 1,791 Above Grade Finished Area: 1,791 Below Grade Total Area: 825 Below Grade Finished Area: 0 Below Grade Unfinished Area: 825 PSF Total: $201 PSF Finished: $293 PSF Above Grade: $293 Basement: Bath/Stubbed, Full, Walk-Out Access Bsmnt Ceiling Ht: Foundation: Fireplace: 1/Gas Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Breakfast Nook, Eat-in Kitchen, Five Piece Bath, Granite Counters, High Ceilings, Smoke Free Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer Flooring: Carpet, Tile, Wood Furnished: Unfurnished Exclusions: Seller's personal property Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 3 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 4 Garage Spaces: 2 Offstreet Spaces: 2 Association Information Assoc 1 Fee/Frequency: $390.00 Monthly Assoc 2 Fee/Frequency: $25.00 MonthlyAssoc 3 Fee/Frequency: Assoc Fee Incl: Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Road Maintenance, Snow Removal, Trash Assoc Amenities: Senior Community: No Restriction Covenants: Other Pets Allowed: Cats OK, Dogs OK Rentals Allowed: Site & Location Information Elementary School: South Ridge / Douglas RE-1 Bldg/Complex Name: Middle/Junior Sch: Mesa / Douglas RE-1 High School: Douglas County / Douglas RE-1 Building & Water Information Architectural Style: Contemporary Entry Level/Loc: Common Walls: End Unit, 1 Common Unit Count: Wall Direction Faces: View: Golf Course, Mountain(s), Valley Construction Materials: Wood Siding Roof: Composition Exterior Features: Water Included: Water Source: Public Sewer: Public Sewer Public Remarks Immaculate golf course townhome in desirable Castle Rock neighborhood! The hardwood floors, windows throughout, and paint are all NEW! Other updates throughout include new guest bathroom tile, updated vanities and bathroom countertop, etc! Gorgeous hardwood floors under the carpet upstairs if that is your style! Unfinished walkout basement ready for your ideas! Backs to Plum Creek Golf Course...

Confidential Information Private Remarks: Go and show! Call Mike Terpstra at 720-841-3782 before submitting an offer. Thank you!

Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8% Contract Earnest Check To: Homestead Title Possession: Closing/DOD Contract Min Earnest: $7,500 Listing Terms: Cash, Conventional Title Company: Homestead Title Ownership: Individual Showing Information Showing Contact Phone: Showing Instructions:

303-573-7469 Show Email: No Showings Until: 05/06/22 Go and Show! Home is vacant and open all weekend. Overlapping showings allowed.

List Agent: Mike Terpstra List Office: PEAK REAL ESTATE Email:

List Agent Phone: 720-841-3782 Mobile: 720-841-3782

miketerpstra01@gmail.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 05/17/2022 12:15:52 PM

2212 Emerald Drive, Castle Rock, CO 80104 (Status: Pending B/U, Listing ID: 2963392) County: Douglas List Price: $525,000 Property Type: Residential Original List Price: $525,000 Property Subtype: Townhouse Levels: Two Basement: Yes Structure Type: Townhouse Year Built: 1984 Subdivision Name: Players Club Villas Listing Contract Date: 05/04/2022 Purchase Contract Date: 05/14/2022 Contingency: None Known Accepting Backups: Yes Days In MLS: 10 Association: Y Multiple: Y Cov/Rest: N Assoc Fee Tot Annl: $4,980.00 Tax Annual Amt: $2,051 Tax Year: 2021 Tax Legal Desc: LOT 25, BLOCK 1, AMENDED FINAL PLAT, PLAYERS CLUB VILLAS TOWNHOME SUBDIVISION, FILING NO. 1, COUNTY OF DOUGLAS, STATE OF COLORADO. Interior Area & SqFt Building Area Total (SqFt Total): 3,566 Living Area (SqFt Finished): 2,998 Above Grade Finished Area: 2,208 Below Grade Total Area: 1,358 Below Grade Finished Area: 790 Below Grade Unfinished Area: 568 PSF Total: $147 PSF Finished: $175 PSF Above Grade: $238 Basement: Daylight, Full, Interior Entry/Standard, Bsmnt Ceiling Ht: Unfinished Foundation: Concrete Perimeter, Slab Fireplace: 1/Family Room, Gas Log Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Ceiling Fan(s), Five Piece Bath, Granite Counters, High Ceilings, Jet Action Tub, Kitchen Island, Laminate Counters, Open Floorplan, Pantry, Primary Suite, Smoke Free, Tile Counters, Vaulted Ceiling(s), Walk-In Closet(s) Appliances: Cooktop, Dishwasher, Disposal, Microwave, Oven, Refrigerator, Self Cleaning Oven, Tankless Water Heater Flooring: Carpet, Tile, Wood Exclusions: Personal property and staging items Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 3 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $390.00 Monthly Assoc 2 Fee/Frequency: $25.00 MonthlyAssoc 3 Fee/Frequency: Assoc Fee Incl: Maintenance Grounds, Maintenance Structure, Trash Assoc Amenities: Parking, Pool Senior Community: No Restriction Covenants: Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.04 Acres / 1,742 SqFt Waterfront Feat: Elementary School: South Ridge / Douglas RE-1 Bldg/Complex Name: Middle/Junior Sch: Mesa / Douglas RE-1 High School: Douglas County / Douglas RE-1 Building & Water Information Entry Level/Loc: Common Walls: End Unit, 1 Common Unit Count: Wall Direction Faces: South View: Construction Materials: Frame, Stone, Wood Siding Roof: Composition Exterior Features: Water Included: Water Source: Public Sewer: Public Sewer Public Remarks Welcome to low maintenance living at this immaculate townhouse near Plum Creek golf course! Step inside the entrance foyer, greeted by gleaming wood floors and soaring ceilings. In the living room, a large bay window and unique diagonal hardwoods bring interest to the space. The character continues into the kitchen where noble arches, stunning granite countertops and stainless-steel appliances add...

Confidential Information Private Remarks: Inclusions: all kitchen appliances including refrigerator, dishwasher, range, oven Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8% Contract Earnest Check To: Homestead Title & Escrow Possession: Closing/DOD Contract Min Earnest: $7,500 Listing Terms: Cash, Conventional, FHA, VA Loan Title Company: Homestead Title & Escrow Ownership: Individual Showing Information Showing Contact Phone:

800-746-9464

Show Email:

List Agent: Blair Bryant List Office: The Steller Group, Inc Email:

No Showings Until: List Agent Phone: 720-589-1740 Mobile: 720-589-1740

blaircontracts@stellerrealestate.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 05/17/2022 12:15:52 PM

40 Peachtree Circle Lot 14, Castle Rock, CO 80104 (Status: Pending, Listing ID: 3610391) County: Douglas List Price: $595,000 Property Type: Residential Original List Price: $595,000 Property Subtype: Townhouse Levels: Two Basement: Yes Structure Type: Townhouse Year Built: 1984 Subdivision Name: Plum Creek Listing Contract Date: 05/04/2022 Purchase Contract Date: 05/09/2022 Contingency: None Known Accepting Backups: No Days In MLS: 5 Association: Y Multiple: Y Cov/Rest: Y Assoc Fee Tot Annl: $4,980.00 Tax Annual Amt: $2,130 Tax Year: 2021 Tax Legal Desc: LOT 14 BLOCK 1 PLAYERS CLUB VILLAS TOWNHOME 2 AMENDED FINAL PLAT BLOCK 1 0.045 AM/L Interior Area & SqFt Building Area Total (SqFt Total): 3,476 Living Area (SqFt Finished): 3,145 Above Grade Finished Area: 1,994 Below Grade Total Area: 1,482 Below Grade Finished Area: 1,151 Below Grade Unfinished Area: 331 PSF Total: $171 PSF Finished: $189 PSF Above Grade: $298 Basement: Finished, Full Bsmnt Ceiling Ht: Foundation: Concrete Perimeter, Slab Fireplace: 1/Family Room, Gas, Gas Log Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Breakfast Nook, Ceiling Fan(s), Five Piece Bath, High Ceilings, Kitchen Island, Pantry, Quartz Counters, Smoke Free, Walk-In Closet(s) Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Gas Water Heater, Humidifier, Microwave, Refrigerator, Self Cleaning Oven, Warming Drawer, Washer Flooring: Carpet, Stone, Wood Exclusions: Sellers personal belongings/property. Curtains in Main Floor Master Bedroom. Curtains in Main Floor Office/bedroom.

Main Floor 2nd bathroom Shower/Curtain Panels. Pool Table Light in Basement. Sauna in 2nd floor Bedroom Closet.

Shower Curtains in 2nd Floor Bathroom. Refrigerator in Basement store room. Wine cooler/frig in basement. Electronic Dart Board and Backing Board for it. Bar and Bar Mirror Assembly mounted on wall behind bar. All glass shelving in Bar area and sitting room by Bar with collector cars on. All wall mounted TV`s. All Landscape lights, Yard ornaments, Yard Milk Can, Yard Antique Wood stove, Flower Pots, Bird Houses with post, Bird baths, Fountains.

Bed & Bath Summary Bedrooms Total: 4 Bathrooms Total: 4 Baths Full: 4 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $390.00 Monthly Assoc 2 Fee/Frequency: $25.00 MonthlyAssoc 3 Fee/Frequency: Assoc Fee Incl: Insurance, Irrigation Water, Maintenance Grounds, Maintenance Structure, Recycling, Road Maintenance, Snow Removal, Trash Assoc Amenities: Pool Senior Community: No Restriction Covenants: Commercial Pets Allowed: Cats OK, Dogs OK Rentals Allowed: Vehicle Restrictions, Other Site & Location Information Lot Size: 0.04 Acres / 1,960 SqFt Waterfront Feat: Lot Features: Corner Lot, Landscaped, Master Planned, On Golf Course, Sprinklers In Front, Sprinklers In Rear Elementary School: South Ridge / Douglas RE-1 Bldg/Complex Name: Middle/Junior Sch: Mesa / Douglas RE-1 High School: Douglas County / Douglas RE-1 Building & Water Information Architectural Style: Contemporary Entry Level/Loc: 1/Ground Common Walls: End Unit, 1 Common Unit Count: 2 Wall Direction Faces: View: Golf Course Construction Materials: Frame Roof: Composition Exterior Features: Rain Gutters Water Included: Water Source: Public Sewer: Public Sewer Public Remarks Beautifully remodeled/updated home. Two Masters, one on the main floor and second master in basement. Backs to 1st tee at Plum Creek Community Golf Course. Secluded corner location with tiered landscaping. Largest (26 x 11) back deck in the community with large shade tree. Cozy front patio/deck right off breakfast area in kitchen. Newer windows by previous owner. Hardwood floors, Travertine tile ...

Confidential Information Private Remarks: Showings to begin noon (12pm) Friday, 05/06/2022. ****Listing Agent is Owner and holds an active real estate license in the state of Colorado**** Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8% Contract Earnest Check To: Ascendant National Title Possession: Closing/DOD Contract Min Earnest: $10,000 Listing Terms: Cash, Conventional, FHA, VA Loan Title Company: Ascendant National Title Ownership: Agent Owner Showing Information Showing Service: Showing Contact Phone: Showing Instructions:

ShowingTime Show Email: No Showings Until: 05/06/22 Showings start Noon, (12pm) Friday, 05/06/2022. Buyers must be accompanied by there Realtor. No showing assistance and no videos to be taken of property.

List Agent: William McFarland List Office: HomeSmart Realty Email: whmcfarland17@gmail.com

List Agent Phone: 303-881-4999 Mobile: 303-881-4999

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 05/17/2022 12:15:52 PM

Full Property View

2369 Mount Royal Drive, Castle Rock, CO 80104

----

$525,000 - Active

2212 Emerald Drive, Castle Rock, CO 80104

----

$525,000 - Pending

40 Peachtree Circle, Castle Rock, CO 80104

----

$595,000 - Pending

Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 05/17/2022 to 04/17/2022 Latitude, Longitude is within 0.25 mi of

2205 Mt Royal Dr, Castle Rock, CO 80104, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*'

Residential Active Properties Listing ID Address

City

3369627 2369 Mount Royal DR

Castle Rock

Bds

Bths

Abv

Ttl

Fin

List

PSF Abv

PSF Ttl

2

3

1,791

2,616

1,791

05/05/22

$293

$201

$293

Averages:

1,791

2,616

1,791

$293

$201

$293

Count: 1

List Price:

High $525,000

Low $525,000

PSF Fin DIM Orig Price

List Price

525,000

$525,000

$525,000

$525,000

PSF Fin DIM Orig Price

List Price

12 12

Median $525,000

Pending Properties Listing ID Address

City

Bds

Bths

Abv

Ttl

Fin

Pending

PSF Abv

PSF Ttl

2963392 2212 Emerald DR

Castle Rock

3

3

2,208

3,566

2,998

05/14/22

$238

$147

$175

3610391 40 Peachtree CIR

Castle Rock

4

4

1,994

3,476

3,145

05/09/22

$298

$171

$189

Averages:

2,101

3,521

3,072

$268

$159

$182

Count: 2

List Price:

Report Totals

Presented By: Holly Vogel Generated on: 05/17/2022

Count : 3

Averages:

High $595,000 SqFt Abv 1,998

SqFt Ttl 3,219

Low $525,000 Sqft Fin 2,645

PSF Abv $ 276

10

525,000

$525,000

5 8

595,000

$595,000

$560,000

$560,000

Orig Price $548,333

List Price $548,333

Median $560,000 PSF Ttl

$173

All data deemed reliable but not guaranteed.

Copyright REcolorado © 2022. All rights reserved.

REcolorado.com

PSF Fin $219

CMA 1-Line Page 1 of 1

at Keller Williams Integrity

INTELLIGENT PRICING & TIMING Pricing a home for sale is as much art as science, but there are a few truisms that never change. ☐ ☐ ☐

Fair market value attracts buyers, overpricing never does.

The first two weeks of marketing are crucial.

The market never lies, but it can change its mind.

ASKING PRICE

PERCENTAGE OF BUYERS

+15%

10%

+10%

30%

Market Value

60%

-10%

75%

-15%

90%

Fair market value is what a willing buyer and a willing seller agree by contract is a fair price for the home. Values can be impacted by a wide range of reasons but the two largest are location and condition. Generally, fair market value can be determined by comparables - other similar homes that have sold or are currently for sale in the same area.

Sellers often view their homes as special which tempts them to put a higher price on the home, believing they can always come down later, but that’s a serious mistake.

Overpricing prevents the very buyers who are eligible to buy the home from ever seeing it. Most buyers shop by price range, and look for the best value in that range.

ACTIVITY

at Keller Williams Integrity

1

2

3

4

5

6

TIME ON MARKET (IN WEEKS)

Your best chance of selling your home is in the first two weeks of marketing. Your home is fresh and exciting to buyers and to their agents.

With a sign in the yard, a description in the local Multiple Listing Service, distribution across the internet, open houses, broker’s caravan, ads, and email blasts to your listing agent’s buyers, your home will get the greatest flurry of attention and interest in the first two weeks.

If you don’t get many showings or offers, you’ve probably overpriced your home, and it’s not comparing well to the competition. Since you can’t change the location, you’ll have to improve the home’s condition or lower the price.

Consult with your agent and ask for feedback. Perhaps you can do a little more to spruce up your home’s curb appeal, or perhaps stage the interior to better advantage.

The market can always change its mind and give your home another chance, but by then you’ve lost precious time and perhaps allowed a stigma to cloud your home’s value.

Intelligent pricing isn’t about getting the most for your home – it’s about getting your home sold quickly at fair market value.

at Keller Williams Integrity