18381 E Cornell Pl_Raymond_Price Analysis

Page 1

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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 05/02/2022 to 11/03/2021 Latitude, Longitude is within 0.25 mi of 18381 E Cornell Pl, Aurora, CO 80013, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' Comparable Listing YN is no 18 Properties have been discarded.

Residential Pending Properties Listing ID Address

City

7652608 3017 S Waco CT

Aurora

Bds

Bths

Abv

Ttl

Fin

Pending

PSF Abv

PSF Ttl

2

2

1,394

2,422

1,394

04/03/22

$287

$165

$287

Averages:

1,394

2,422

1,394

$287

$165

$287

Count: 1

High $400,000

List Price:

Low $400,000

PSF Fin DIM Orig Price

3 3

List Price

400,000

$400,000

$400,000

$400,000

Median $400,000

Closed Properties Listing ID Address

City

Bds

Bths

Abv

Ttl

Fin

Close

PSF Abv

PSF Ttl

List Price Close Price

CP/OLP

6036915 3205 S Walden CT #G, Bldg 2 5267627 18273 E Flora PL #G

Aurora

2

2

1,298

1,298

1,298

01/13/22

$269

$269

$269

4

339,500

$339,500 $349,500

103%

Aurora

2

2

1,298

1,298

1,298

01/18/22

$270

$270

$270

4

339,900

$339,900 $350,000

103%

9190196 3238 S Yampa WAY #K

Aurora

2

2

1,014

1,014

1,014

02/11/22

$347

$347

$347

2

329,999

$329,999 $352,100

107%

5420002 3021 S Waco CT

Aurora

2

2

1,394

2,422

1,394

02/28/22

$308

$178

$308

0

400,000

$400,000 $430,000

108%

2109814 3077 S Waco CT

Aurora

2

2

1,394

2,422

1,394

11/19/21

$308

$178

$308

$425,000 $430,000

101%

1,280

1,691

1,280

$301

$248

$299

3 3

425,000

Averages:

$366,880

$366,880 $382,320

104%

Orig Price $372,400

List Price Close Price $372,400 $382,320

CP/OLP 104 %

Count: 5

Closed Price:

Report Totals

Presented By: Kyle Gephart Generated on: 05/02/2022

Count : 6

Averages:

High $430,000

SqFt Abv 1,299

SqFt Ttl 1,813

Low $349,500 Sqft Fin 1,299

PSF Abv $ 298

PSF Fin DIM Orig Price

Median $352,100 PSF Ttl

$234

All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com

PSF Fin $296

CMA 1-Line Page 1 of 1


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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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1

2

3

4

5

6

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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