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Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 06/28/2022 to 06/28/2021 Property Sub Type is 'Single Family Residence' Latitude, Longitude is within 0.40 mi of 2242 Holyoke Dr, Boulder, CO 80305, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' 16 Properties have been discarded.
Residential Active Properties Bds
Bths
Abv
Ttl
Fin
List
PSF Abv
Boulder
3
3
1,422
2,844
2,302
06/10/22
$1,055
$652
4
4
1,414
2,828
2,828
06/09/22
$1,623
$812
19 1,750,000 20 2,495,000
$1,500,000
Boulder
Averages:
1,418
2,836
2,565
$1,339
$732
20 $2,122,500
$1,897,500
Listing ID Address
City
IR968073 2155 Hillsdale CIR IR967903 646 Furman WAY
Count: 2
High $2,295,000
List Price:
PSF Ttl
Low $1,500,000
PSF Fin DIM Orig Price
List Price
$2,295,000
Median $1,897,500
Closed Properties Listing ID Address
City
Bds
Bths
Abv
Ttl
Fin
Close
PSF Abv
IR954586 646 Furman WAY
Boulder
4
3
1,415
2,830
2,245
12/10/21
$894
$563
IR951776 656 Furman WAY
Boulder
5
3
1,807
3,505
3,476
10/28/21
$1,270
Averages:
1,611
3,168
2,861
$1,082
Count: 2
Closed Price:
Report Totals
Presented By: Frances Sullivan Generated on: 06/28/2022
Count : 4
Averages:
High $2,295,000
SqFt Abv 1,515
SqFt Ttl 3,002
Sqft Fin 2,713
PSF Ttl
Low $1,265,000 PSF Abv $ 1,210
PSF Fin DIM Orig Price
List Price Close Price
CP/OLP
$1,200,000 $1,265,000
105%
$660
33 1,200,000 6 1,950,000
$1,950,000 $2,295,000
118%
$612
20 $1,575,000
$1,575,000 $1,780,000
112%
List Price Close Price $1,736,250 $1,780,000
CP/OLP 112 %
Median $1,780,000 PSF Ttl
All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com
PSF Fin $672
Orig Price $1,848,750
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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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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