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Property Type is 'Residential' Mls Status is one of 'Active', 'Coming Soon', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 02/21/2022 to 08/25/2021 Property Sub Type is 'Single
Family Residence' Beds Total is 3+ Baths Total Integer is 3+ Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' Comparable Listing YN is no Latitude, Longitude is within 0.25 mi of 1517 S Buchanan Cir, Aurora, CO 80018, USA, is around 39.69, -104.71
Residential Pending Properties Listing ID Address
City
9019336 1609 S Catawba CIR
Aurora
Bds
5
Count: 1
Bths
Abv
Ttl
Fin
Pending
PSF Abv
PSF Ttl
5
3,149
4,736
4,649
02/16/22
$222
$148
$151
Averages:
3,149
4,736
4,649
$222
$148
$151
High $700,000
List Price:
Low $700,000
PSF Fin DIM Orig Price
0 0
List Price
700,000
$700,000
$700,000
$700,000
Median $700,000
Closed Properties Bds
Bths
Abv
Ttl
Fin
Close
PSF Abv
PSF Ttl
Aurora
4
3
2,774
3,724
2,774
12/28/21
$210
$157
$210
12
Aurora
3
4
2,447
3,304
3,304
08/30/21
$245
$182
$182
48
8108851 1471 S Buchanan CIR
Aurora
4
3
2,901
4,119
2,901
11/16/21
$214
$151
$214
3298220 1426 S Buchanan CIR
Aurora
4
3
2,774
3,724
2,774
02/17/22
$234
$174
$234
Averages:
2,724
3,718
2,938
$226
$166
$210
Listing ID Address
City
2508804 1426 S Buchanan CIR 4690325 23707 E Alabama PL
Count: 4
Closed Price:
Report Totals
Presented By: Kyle Gephart Generated on: 02/21/2022
Count : 5
Averages:
High $649,200
SqFt Abv 2,809
SqFt Ttl 3,921
Low $583,900 Sqft Fin 3,280
PSF Abv $ 225
PSF Fin DIM Orig Price
List Price Close Price
CP/OLP
589,500
$589,500 $583,900
99%
619,900
$599,900 $600,000
97%
4
589,900
$589,900 $620,000
105%
2 17
624,100
$654,200 $649,200
104%
$605,850
$608,375 $613,275
101%
Orig Price $624,680
List Price Close Price $626,700 $613,275
CP/OLP 101 %
Median $610,000 PSF Ttl
$162
All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com
PSF Fin $198
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 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
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TIME ON MARKET (IN WEEKS)
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 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.
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