castle pines
Castle Pines is a home rule city located in Douglas County. It is home to 5 parks and 14 miles of trails that are 8-feet wide and paved to accommodate a variety of recreational activities. Walking, running and bicycling is permitted on trails, however horseback riding and the use of motorized vehicles is prohibited. The Castle Pines North Metropolitan District maintains most trails in Castle Pines.
Castle Pines is located adjacent to Interstate 25. The city is served by Denver International Airport and nearby Centennial Airport.
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LAST MONTH’S DATA COMPARED TO PREVIOUS TWO YEARS
The industry considers Median Sales Price a more accurate look at home prices than average because it eliminates the outliers that can skew data.
Low inventory (new & active listings) can lead to a sellers market, especially if pending & sold listings are up. The opposite, high inventory and low sales will lead to a buyers market.
Months of inventory reflects an estimate of the amount of time it would take to sell all of the current listings in a given area. Six months is considered a ‘balanced’ market. Anything under 6 months is considered a sellers market and anything above is a buyers market.