at Keller Williams Integrity
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
This week the median list price for Denver, CO is $689,950 with the market action index hovering around 91. This is less than last month's market action index of 92. Inventory has increased to 202.
Real-Time Market Profile Median List Price
$689,950
Market Action Index
Median Price of New Listings
$593,750
This answers “How’s the Market?” by comparing rate of sales versus
Per Square Foot
$372
Average Days on Market
48
Median Days on Market
7
Price Decreased
20%
Price Increased
6%
Relisted
5%
Inventory
202
Median Rent
$2,455
Market Action
91
inventory. 50
40
Buyer's Market
60
Seller's Market
70
100
10 0
on
91
90
M
ay Tod th
Las t
80
20
30
Strong Seller's Market In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.
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
$1,700,000
4,499
4,500 - 6,500 sqft
5
4
66
19
18
52
$815,000
2,162
4,500 - 6,500 sqft
4
2
77
18
20
17
$588,000
1,721
4,500 - 6,500 sqft
3
2
73
27
24
0
$445,000
1,374
4,500 - 6,500 sqft
3
2
68
32
30
0
Sun Jan 30 2022
2 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
Median List Price
The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels. $800K
$750K
$700K
$650K
$600K
$550K
$500K Feb 2019
Jun 2019
Oct 2019
Feb 2020
Jun 2020
7-Day Average
Oct 2020
Feb 2021
Jun 2021
Oct 2021
Jan 2022
90-Day Average
Segments
Prices have generally settled at a plateau, although Quartile 1 is on a bit of an up trend in recent weeks. We’ll need to see a persistent shift in the Market Action Index before we see prices across the board move from these levels. $2.5M
$2.0M
$1.5M
$1.0M
$500K
$0 Feb 2019
Jun 2019
Oct 2019
Top 90-Day
Feb 2020
Jun 2020
Upper 90-Day
Oct 2020
Lower 90-Day
Sun Jan 30 2022
Feb 2021
Jun 2021
Oct 2021
Jan 2022
Bottom 90-Day
3 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, 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. $400
$375
$350
$325
$300
$275
$250 Feb 2019
Jun 2019
Oct 2019
Feb 2020
Jun 2020
7-Day Average
Oct 2020
Feb 2021
Jun 2021
Oct 2021
Jan 2022
90-Day Average
Inventory
Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply. 2K
1K
1K
750
500
250
0 Feb 2019
Jun 2019
Oct 2019
Feb 2020
Jun 2020
7-Day Average
Oct 2020
Feb 2021
Jun 2021
Oct 2021
Jan 2022
90-Day Average
Sun Jan 30 2022
4 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
Market Action Index
In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb. 120
100
80
60
40
20 Feb 2019
Jun 2019
Oct 2019
Feb 2020
Jun 2020
7-Day Average
Oct 2020
Feb 2021
Jun 2021
Oct 2021
Jan 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 Feb 2019
Jun 2019
Oct 2019
Top 90-Day
Feb 2020
Jun 2020
Upper 90-Day
Oct 2020
Lower 90-Day
Sun Jan 30 2022
Feb 2021
Jun 2021
Oct 2021
Jan 2022
Bottom 90-Day
5 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
Median Days on Market (DOM)
The properties have been on the market for an average of 51 days. Half of the listings have come newly on the market in the past 25 or so days. Watch the 90-day DOM trend for signals of a changing market. 80
60
40
20
0 Feb 2019
Jun 2019
Oct 2019
Feb 2020
Jun 2020
7-Day Average
Oct 2020
Feb 2021
Jun 2021
Oct 2021
Jan 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. 125
100
75
50
25
0 Feb 2019
Jun 2019
Oct 2019
Top 90-Day
Feb 2020
Jun 2020
Upper 90-Day
Oct 2020
Lower 90-Day
Sun Jan 30 2022
Feb 2021
Jun 2021
Oct 2021
Jan 2022
Bottom 90-Day
6 of 6
2663 W Louisiana Ave, Denver, CO 80219-4227, Denver County Beds 2
Baths 2
Sale Price $39,000
Sale Date 01/01/1977
Bldg Sq Ft 2,766
Lot Sq Ft 7,870
Yr Built 1955
Type SFR
OWNER INFORMATION
Owner Name
Mondragon Robert H
Mailing Zip
80219
Owner Name 2
Mondragon Vera
Mailing ZIP 4
4227
Mailing Address
2663 W Louisiana Ave
Mailing Carrier Route
C027
Mailing City & State
Denver, CO
Owner Occupied
Yes
Property Zip
80219
Topography
Flat/Level
Property Zip4
4227
Neighborhood Code
Ruby Hill-0535
Property Carrier Route
C027
Neighborhood Name (OnBoard)
Ruby Hill
School District
Denver County 1
Traffic
Curb / Gut
Elementary School
Godsman
Township
04S
Middle School
West Leader
Range
68W
High School
Abraham Lincoln
Section
20
Zoning
E-SU-DX
Quarter
NE
Census Tract
14.01
LOCATION INFORMATION
TAX INFORMATION
PIN
5201-00-062
% Improved
75%
Alternate PIN
161458196
Tax District
DENV
Schedule Number
0520100062000
Legal Description
T4 R68 S20 NE/4 NE/4 DIF BOOK 1 384-543
ASSESSMENT & TAX
Assessment Year
2021 - Preliminary
2020
2019
2018
Market Value - Land
$118,400
$103,600
$103,600
$88,800
Market Value - Improved
$276,600
$319,000
$319,000
$223,900
Market Value - Total
$395,000
$422,600
$422,600
$312,700
Assessed Value - Land
$8,470
$7,410
$7,410
$6,390
Assessed Value - Improved
$19,780
$22,810
$22,810
$16,120
Assessed Value - Total
$28,250
$30,220
$30,220
$22,510
YOY Assessed Change (%)
-6.52%
0%
34.25%
YOY Assessed Change ($)
-$1,970
$0
$7,710
Tax Year
Total Tax
2018
$1,184
Change ($)
Change (%)
2019 2020
$1,664
$479
40.46%
$1,712
$48
2.88%
CHARACTERISTICS
Lot Acres
0.1807
Total Rooms
5
Lot Sq Ft
7,870
Bedrooms
2
Land Use - County
Single Family Resident
Baths - Total
2
Land Use - CoreLogic
SFR
Baths - Full
2
Year Built
1955
Stories
1
Bldg Sq Ft - Above Ground
1,383
Fireplace
Y
Bldg Sq Ft - Basement
1,383
Fireplaces
2
Bldg Sq Ft - Finished Basement
1,383
Heat Type
Warm Air
Bldg Sq Ft - Total
2,766
Patio Type
Concrete/Masonry Patio
Bldg Sq Ft - Finished
2,766
Garage Type
Attached Garage
Bldg Sq Ft - 1st Floor
1,383
Garage Sq Ft
397
Basement Type
Full
Exterior
Brick
# Buildings
1
Quality
Average
FEATURES
Feature Type Property Details
Size/Qty Courtesy of Blake Buckley, 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: 01/30/22 Page 1/3
Att Garage-Msnry
397
Opn Prch-Msry
94
Conc/Brck Patio
200
SELL SCORE
Rating
Low
Sell Score
362
Value As Of
2022-01-23 04:46:16
ESTIMATED VALUE
RealAVM™
$601,500
Confidence Score
58
RealAVM™ Range
$529,320 - $673,680
Forecast Standard Deviation
12
Value As Of
01/27/2022
(1) RealAVM™ is a CoreLogic® derived value and should not be used in lieu of an appraisal. (2) The Confidence Score is a measure of the extent to which sales data, property information, and comparable sales support the property valuation analysis process. The confidence score range is 50 - 100. Clear and consistent quality and quantity of data drive higher confidence scores while lower confidence scores indicate diversity in data, lower quality and quantity of data, and/or limited similarity of the subject property to comparable sales. (3) The FSD denotes confidence in an AVM estimate and uses a consistent scale and meaning to generate a standardized confidence metric. The FSD is a statistic that measures the likely range or dispersion an AVM estimate will fall within, based on the consistency of the information available to the AVM at the time of estimation. The FSD can be used to create confidence that the true value has a statistical degree of certainty.
LAST MARKET SALE & SALES HISTORY
Sale Date
01/01/1977
Deed Type
Deed (Reg)
Sale Price
$39,000
Owner Name
Mondragon Robert H
Price per SqFt - Finished
$14.10
Owner Name 2
Mondragon Vera
Document Number
1384-543
Sale Date
01/01/1977
Sale Price
$39,000
Buyer
Mondragon Robert H & Vera
Buyer
Mondragon Vera
Document Number
1384-543
Document Type
Deed (Reg)
MORTGAGE HISTORY
Mortgage Date
10/19/2010
07/09/2009
03/19/2004
03/02/2004
Mortgage Amount
$100,800
$92,000
$80,000
$60,000
Mortgage Lender
US Bk Na/Nd
US Bk Na/Nd
US Bk National Assn
US Bk National Assn
Borrower
Mondragon Robert H
Mondragon Robert H
Mondragon Robert H
Mondragon Robert H
Borrower
Mondragon Vera
Mondragon Vera
Mondragon Vera
Mondragon Vera
Mortgage Type
Conventional
Conventional
Conventional
Conventional
Mortgage Purpose
Refi
Refi
Refi
Refi
Fixed Rate Loan
Fixed Rate Loan
First American Equity Loan Svc
First American Equity Loan Svc
Mortgage Int Rate Type Mortgage Term
30
30
Mortgage Term
Years
Years
Title Company
Southwest Fin'l Svcs
Southwest Fin'l Svcs
Property Details
Courtesy of Blake Buckley, 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: 01/30/22 Page 2/3
PROPERTY MAP
*Lot Dimensions are Estimated
Property Details
Courtesy of Blake Buckley, 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: 01/30/22 Page 3/3
Map of Property Locations
1765 W Florida, Denver, CO 80223 Listing Id: Status: Price: 1 Subtype: Ttl SqFt: Bd/Bth: Show #:
6078805 Pending 12/21/21 $525,000 SFR 2,226 3/2 303.875.6702
1901 W Florida Avenue, Denver, CO 80223 Listing Id: 3921820 Status: Closed 12/03/21 Price: $480,000 3 Subtype: SFR Ttl SqFt: 1,786 Bd/Bth: 3/2 Show #: 303-573-7469
3240 W Mexico Avenue, Denver, CO 80219 Listing Id: 3611045 Status: Closed 09/28/21 Price: $440,000 Subtype: SFR 2 Ttl SqFt: 1,956 Bd/Bth: 3/2 Show #: 303-573-7469 1198 S Alcott Street, Denver, CO 80219 Listing Id: 5282421 Status: Closed 10/01/21 Price: $490,000 Subtype: SFR 4 Ttl SqFt: 2,095 Bd/Bth: 3/2 Show #: 800-746-9464
800 S Eliot Street, Denver, CO 80219 Listing Id: 9901585 Status: Closed 08/27/21 Price: $520,000 5 Subtype: SFR Ttl SqFt: 1,902 Bd/Bth: 2/2 Show #: 1177 S Dale Court, Denver, CO 80219 Listing Id: 3330603 Status: Closed 09/24/21 Price: $480,000 7 Subtype: SFR Ttl SqFt: 1,426 Bd/Bth: 2/2 Show #: 303-573-7469
1343 S Irving Street, Denver, CO 80219 Listing Id: 8319606 Status: Closed 11/02/21 Price: $452,000 Subtype: SFR 6 Ttl SqFt: 1,305 Bd/Bth: 2/2 Show #: 8557469451 1834 S Bryant Street, Denver, CO 80219 Listing Id: 9234159 Status: Closed 11/18/21 Price: $425,000 Subtype: SFR 8 Ttl SqFt: 2,268 Bd/Bth: 3/2 Show #: 800-746-9464
Broker 1 Page 1765 W Florida, Denver, CO 80223 (Status: Pending B/U, Listing ID: 6078805) County: Denver List Price: $525,000 Property Type: Residential Original List Price: $585,000 Property Subtype: Single Family Residence Levels: One Basement: Yes Structure Type: House Year Built: 1961 Subdivision Name: Ruby Hill Listing Contract Date: 08/04/2021 Purchase Contract Date: 12/21/2021 Contingency: None Known Accepting Backups: Yes Days In MLS: 128 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $1,350 Tax Year: 2020 Tax Legal Desc: W 50 FT OF E 560 FT OF S 185 FT OF SE1/4 OF SE1/4 OF NW1/421-4-68 EXC S 30 FT THEREOF Interior Area & SqFt Building Area Total (SqFt Total): 2,226 Living Area (SqFt Finished): 1,113 Above Grade Finished Area: 1,113 Below Grade Total Area: 1,113 Below Grade Finished Area: 0 Below Grade Unfinished Area: 1,113 PSF Total: $236 PSF Finished: $472 PSF Above Grade: $472 Basement: Bath/Stubbed, Finished, Full Bsmnt Ceiling Ht: Foundation: Block Fireplace: 1/Living Room, Wood Burning Heating: Forced Air Cooling: Central Air HVAC Description: Appliances: Cooktop, Dryer, Freezer, Refrigerator, Washer Flooring: Carpet, Laminate, Linoleum Furnished: Negotiable Exclusions: None Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 2 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 3 Garage Spaces: 2 Offstreet Spaces: 0 Carport Spaces: 1 Reserved Spaces: 0 RV Spaces: 0 Site & Location Information Lot Size: 0.18 Acres / 7,750 SqFt Waterfront Feat: Lot Features: Greenbelt Elementary School: Godsman / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Grant / Denver 1 High School: Abraham Lincoln / Denver 1 Building & Water Information Entry Level/Loc: Common Walls: No Common Walls Unit Count: Construction Materials: Brick Roof: Composition Exterior Features: Dog Run, Rain Gutters Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Great turn-key brick home located in the trendy Ruby Hill area a neighborhood in Denver, Colorado! 3 bedroom with potential of a 4th! Living in the Ruby Hill area offers residents an urban suburban mix feel close to schools and most residents own their homes. Ruby Hill offers a variety of restaurants, watering holes, parks, public swimming pools and its own Levitt Pavilion Amphitheater which has 5... Confidential Information Private Remarks: Go & Show! Lockbox located on front railing call agent for code 303.875.6702 ALL SHOWINGS MUST have a licensed and bonded Colorado Broker present. TAKE PRECAUTIONS AGAINST COVID-19. No more than 3 people (agent plus 2) in the house at one time. DO NOT enter if you have tested positive, are showing illness symptoms, or have been around people with COVID-19 within 10-14 days. Lock all doors and turn Buyer Agency Comp: 3% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 3% Contract Earnest Check To: Fidelity Title Possession: Contract Min Earnest: $5,000 Listing Terms: Cash, Conventional, FHA Title Company: Fidelity Title Ownership: Individual Showing Information Showing Contact Phone: Showing Instructions:
303.875.6702 Show Email: Shelly@rockymountainrealty.biz No Showings Until: 08/02/21 Go and show appointments thru RE Colorado or contact agent 303.875.6702. Please adhere to Covid safety protocols. turn off lights, make sure doors are locked, lock box on carport rail.
List Agent: Shelly Bueno List Office: ROCKY MOUNTAIN REALTY Email:
List Agent Phone: 303-875-6702 Mobile: 303-875-6702
shelly@rockymountainrealty.biz Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 01/30/2022 12:06:09 PM
Full Property View
1765 W Florida, Denver, CO 80223
----
$525,000 - Pending
3240 W Mexico Avenue, Denver, CO 80219 (Status: Closed, Listing ID: 3611045) Close Price: $440,000 County: Denver List Price: $399,900 Property Type: Residential Original List Price: $399,900 Property Subtype: Single Family Residence Levels: One Basement: Yes Structure Type: House Year Built: 1961 Subdivision Name: Boulevard Acres Listing Contract Date: 08/05/2021 Purchase Contract Date: 08/10/2021 Contingency: None Known Close Date (DIM): 09/28/2021 Days In MLS: 5 Association: N Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $1,710 Tax Year: 2019 Tax Legal Desc: BOULEVARD ACRES S 129.5FT OF N 159.5FT OF E 53.25 FT OF L14 Interior Area & SqFt Building Area Total (SqFt Total): 1,956 Living Area (SqFt Finished): 1,907 Above Grade Finished Area: 978 Below Grade Total Area: 978 Below Grade Finished Area: 929 Below Grade Unfinished Area: 49 PSF Total: $225 PSF Finished: $231 PSF Above Grade: $450 Basement: Finished, Full Bsmnt Ceiling Ht: Heating: Forced Air Cooling: None HVAC Description: Interior Features: Ceiling Fan(s) Appliances: Dryer, Microwave, Oven, Refrigerator, Washer Flooring: Carpet Exclusions: None Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 2 Baths Full: 1 Baths Three Quarter: 1 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 0 Offstreet Spaces: 2 Site & Location Information Lot Size: 0.16 Acres / 6,900 SqFt Waterfront Feat: Lot Features: Level Elementary School: Johnson / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Kepner / Denver 1 High School: Abraham Lincoln / Denver 1 Building & Water Information Construction Materials: Brick Roof: Unknown Exterior Features: Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks **Opportunity Knocks** Great Value with even Greater Opportunity!! Good Looking Ranch Style Home sitting on a nice sized Lot! Requires sewer line replacement but priced to compensate. With some updating and personal touch it will make a WONDERFUL home for years to come! Enjoy your new home year round.....Walk out to your relaxing back Covered Patio. Have a nice cup of coffee in the morning and enj... Confidential Information Private Remarks: Contingent on seller closing on replacement home. Basement bedroom non conforming. See Quote from Master Rooter Plumbing LLC uploaded in Supplements Section. Call listing agent for details. Due to COVID-19 outbreak, in-person showings will be limited to genuinely interested, prequalified buyers only. Any party who does not agree to both (a) & (b) health statements on the COVID-19 Disclosure is a Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8%
List Agent: Frank Duran List Office: RE/MAX ALLIANCE Email: Frank@FrankDuranhomes.com Co List Agent: Renee Duran Co List Office: RE/MAX ALLIANCE Email:
reneehduran@gmail.com
Buyer Agent: Abel Reyes Buyer Office: The BLOCK inc Email:
ABEL2SELL@GMAIL.COM
Concessions: No Buyer Financing: FHA
List Agent Phone: 720-316-5004 Mobile: 720-316-5004 Phone: 720-912-5525 Mobile: 720-912-5525 Buyer Agent Phone: 720-435-9393 Mobile: 720-435-9393 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 01/30/2022 12:06:09 PM
3240 W Mexico Avenue, Denver, CO 80219
----
$440,000 - Closed
1901 W Florida Avenue, Denver, CO 80223 (Status: Closed, Listing ID: 3921820) Close Price: $480,000 County: Denver List Price: $485,000 Property Type: Residential Original List Price: $485,000 Property Subtype: Single Family Residence Levels: Two Basement: Yes Structure Type: House Year Built: 1937 Subdivision Name: Ruby Hills Listing Contract Date: 10/21/2021 Purchase Contract Date: 10/28/2021 Contingency: None Known Close Date (DIM): 12/03/2021 Days In MLS: 7 Association: N Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $1,880 Tax Year: 2020 Tax Legal Desc: PT SE/4 NW/4 21-4-68 DAF BEG AT PT 769.2FT W OF & 30FT N OF SE COR SD NW/4 TH N AT R/A 155FT TH W 100FT TH S 155FT TH E 100FT TO POB Interior Area & SqFt 1,786 Living Area (SqFt Finished): 1,750 Above Grade Finished Area: 1,068 718 Below Grade Finished Area: 682 Below Grade Unfinished Area: 36 $269 PSF Finished: $274 PSF Above Grade: $449 Bsmnt Ceiling Ht: low Fireplace:
Building Area Total (SqFt Total): Below Grade Total Area: PSF Total: Basement: Partial Foundation: Slab Heating: Forced Air Cooling: None HVAC Description: Interior Features: Granite Counters Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer Flooring: Carpet, Laminate, Tile Furnished: Unfurnished Exclusions: None Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 2 Baths Full: 1 Baths Three Quarter: 1 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 9 Garage Spaces: 2 Offstreet Spaces: 5 Carport Spaces: 0 Reserved Spaces: 0 RV Spaces: 2 Site & Location Information Lot Size: 0.36 Acres / 15,500 SqFt Waterfront Feat: Lot Features: Level Horse: No Ski Features: Elementary School: Godsman / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Grant / Denver 1 High School: Abraham Lincoln / Denver 1 Building & Water Information Entry Level/Loc: Common Walls: No Common Walls Unit Count: Construction Materials: Wood Siding Roof: Architectural Shingles Exterior Features: Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Updated home in Metro Denver. Homes features 3bed/2bath, Large detached garage (great for working or workshop), extra large lot with lots of parking, will fit multiple TVs, work trucks, and many more vehicles. Home has recently been updated. Sold AS-IA. Must See ASAP! Confidential Information Private Remarks: Broker uses CTME. All information is deemed reliable but not guaranteed. Buyers and buyer’s agent are responsible for verifying all measurements, and disclosures. All offers require lender letter or proof of funding. Contact listing agent for more details. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 2.8% List Agent: Nam Tran List Office: Signature Real Estate Corp. Email: nam@resignature.com Buyer Agent: Kevin Ravenscroft Buyer Office: Signature Real Estate Corp. Email: kevinmraven@gmail.com Concessions: No Buyer Financing: FHA
List Agent Phone: 720-261-5327 Mobile: 720-261-5327 Buyer Agent Phone: 303-960-0406 Mobile: Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 01/30/2022 12:06:09 PM
1901 W Florida Avenue, Denver, CO 80223
----
$480,000 - Closed
1198 S Alcott Street, Denver, CO 80219 (Status: Closed, Listing ID: 5282421) Close Price: $490,000 County: Denver List Price: $462,000 Property Type: Residential Original List Price: $462,000 Property Subtype: Single Family Residence Levels: One Basement: Yes Structure Type: House Year Built: 1954 Subdivision Name: Perl Mack/Ruby Hill Listing Contract Date: 09/03/2021 Purchase Contract Date: 09/05/2021 Contingency: None Known Close Date (DIM): 10/01/2021 Days In MLS: 2 Association: N Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $1,807 Tax Year: 2020 Tax Legal Desc: L 27 BLK 1 PERL MACK SUB Interior Area & SqFt Building Area Total (SqFt Total): 2,095 Living Area (SqFt Finished): 1,976 Above Grade Finished Area: 1,103 Below Grade Total Area: 992 Below Grade Finished Area: 873 Below Grade Unfinished Area: 119 PSF Total: $234 PSF Finished: $248 PSF Above Grade: $444 Basement: Cellar, Crawl Space, Finished, Full Bsmnt Ceiling Ht: Foundation: Concrete Perimeter, Slab Fireplace: 0 Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: new in 2019 Interior Features: Ceiling Fan(s), High Speed Internet, Radon Mitigation System, Smoke Free Appliances: Dryer, Microwave, Oven, Refrigerator, Washer Flooring: Carpet, Linoleum, Vinyl Exclusions: Staging items. Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 2 Baths Full: 1 Baths Three Quarter: 1 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 1 Garage Spaces: 0 Offstreet Spaces: 0 Carport Spaces: 1 Reserved Spaces: 0 RV Spaces: 0 Site & Location Information Lot Size: 0.14 Acres / 6,060 SqFt Waterfront Feat: Lot Features: Landscaped, Level Elementary School: Godsman / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Compass Academy / Denver 1 High School: Abraham Lincoln / Denver 1 Building & Water Information Architectural Style: Traditional Direction Faces: West View: Construction Materials: Frame, Metal Siding Roof: Composition Exterior Features: Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks ===>> Information provided herein is from sources deemed reliable but not guaranteed and is provided without the intention that any buyer relies upon it. Listing Broker takes no responsibility for its accuracy and all information must be independently verified by buyers. <<=== ** Wonderfully Situated in Ruby Hill, This Home Is Move-In Ready ** Popular Ranch-Style Floorplan with Space to Live Well... Confidential Information Private Remarks: ===> It is the request of the Seller to keep the property clean and disinfected. By entering the property, it is your acknowledgment that you and your clients will follow the rules established by the Seller. <=== * Remove Shoes or Use the Provided Shoes Coverings, Use Provided Wipes if Touching Anything and Dispose in the Provided Trash Can * Overlapping Showings Are Prohibited * Only Agent and S Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8%
List Agent: Doug Phelps List Office: Colorado Home Realty Email:
DOUGMOVESYOU@GMAIL.COM
Buyer Agent: Tabitha Bartel Buyer Office: Your Castle Real Estate Inc Email:
tabitha@homewithimpact.com
Concessions: Other, $0 Buyer Financing: Conventional
List Agent Phone: 720-323-4176 Mobile: 720-323-4176 Buyer Agent Phone: 303-526-6317 Mobile: 303-526-6317 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 01/30/2022 12:06:09 PM
1198 S Alcott Street, Denver, CO 80219
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$490,000 - Closed
Welcome!
Living room entrance
Kitchen
Dining room
Primary bedroom
800 S Eliot Street, Denver, CO 80219 (Status: Closed, Listing ID: 9901585) Close Price: $520,000 County: Denver List Price: $500,000 Property Type: Residential Original List Price: $500,000 Property Subtype: Single Family Residence Levels: Two Basement: Yes Structure Type: House Year Built: 1929 Subdivision Name: Athmar Park Listing Contract Date: 07/27/2021 Purchase Contract Date: 08/01/2021 Contingency: None Known Close Date (DIM): 08/27/2021 Days In MLS: 5 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $1,862 Tax Year: 2019 Tax Legal Desc: MOUNTAIN VIEW PARK B40 PRT PLOT 1 BEG NW COR PLOT 1 TH S 50.02FT E 30.14FT S 5.38FT E 10.61FT S 9.74FT E 25.83FT N 20.18FT E 58.33FT N 45.03FT W 124.91FT TPOB Interior Area & SqFt 1,902 Living Area (SqFt Finished): 1,877 Above Grade Finished Area: 1,463 439 Below Grade Finished Area: 414 Below Grade Unfinished Area: 25 $273 PSF Finished: $277 PSF Above Grade: $355 Bsmnt Ceiling Ht: Fireplace: Family Room
Building Area Total (SqFt Total): Below Grade Total Area: PSF Total: Basement: Partial Foundation: Heating: Hot Water Cooling: Air Conditioning-Room HVAC Description: Interior Features: Ceiling Fan(s), Eat-in Kitchen, Granite Counters Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Washer Flooring: Carpet, Wood Exclusions: Seller's Personal Property Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 2 Baths Full: 1 Baths Three Quarter: 1 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 4 Garage Spaces: 2 Offstreet Spaces: 2 Site & Location Information Lot Size: 0.15 Acres / 6,410 SqFt Waterfront Feat: Lot Features: Corner Lot, Level, Near Public Transit, Sprinklers In Front Elementary School: Goldrick / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Kepner / Denver 1 High School: Abraham Lincoln / Denver 1 Building & Water Information Architectural Style: Tudor Direction Faces: West View: Construction Materials: Brick Roof: Spanish Tile Exterior Features: Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Welcome to "The Modern Tudor in Athmar Park"! This home has all the character that you expect in a 1929 Tudor with the finishes and feel of a modern home. The natural hardwood floors are in phenomenal condition, and natural sunlight gleams off them throughout the main floor in the bright office, family room, dining room, bedroom and kitchen. The interior of the home has been freshly painted in 202... Confidential Information Private Remarks: No showings until 7/28/2021. Showings from 8 a.m. - 2 p.m. daily. Offers will be reviewed as they are received. Please give at least 24 hours for Sellers to respond. Sprinkler System Installed - 2019; French Drain Installed - 2020; New Fence Installed - 2020; Fresh Concrete Poured on Main Walkway & on Patio in Side Yard - 2020; New Grass & Mulch Added to Yard - 2020; Tuck-pointing Completed Aroun Buyer Agency Comp: 2.80% Dual Variable: Yes Submitted Prosp: Yes Transaction Broker Comp: 2.80%
List Agent: Chad Thurman List Office: Compass - Denver Email:
chad.thurman@compass.com
Buyer Agent: Ron Buss Buyer Office: Coldwell Banker Realty 18 Email:
ron@btdproperties.com
Concessions: Buyer Closing Costs/Seller Points Paid, $1,000 Buyer Financing: Conventional
List Agent Phone: 303-947-4907 Mobile: 303-947-4907 Buyer Agent Phone: 303-808-5390 Mobile: 303-808-5390 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 01/30/2022 12:06:09 PM
800 S Eliot Street, Denver, CO 80219
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$520,000 - Closed
"The Modern Tudor in Athmar Park" - Welcome Home!
Classic 1929 Tudor
New Fence Installed - 2020. New Grass & Mulch Added - 2020.
Gorgeous Patio in Side Yard - Fresh Concrete Poured - 2020
Big, bright kitchen with new stainless steel appliances (2021)
Big, bright kitchen is filled with natural sunlight!
Lots of Counter Space & Cabinet Storage
Family Room with Tons of Character & Gorgeous Hardwood Floors!
Family Room is Flooded with Natural Sunlight
Bright and Private Home Office is Designed for Productivity!
Big Master Bedroom Has Tons of Room to Add An Ensuite Bathroom in Back Right Portion (SW corner)
Main Floor Bathroom
Spacious Dining Room
Spacious Dining Room Has Gorgeous Hardwood Floors in Pristine Condition
Spacious and Bright Living Room has Freshly Cleaned Carpets (2021)
1343 S Irving Street, Denver, CO 80219 (Status: Closed, Listing ID: 8319606) Close Price: $452,000 County: Denver List Price: $450,000 Property Type: Residential Original List Price: $450,000 Property Subtype: Single Family Residence Levels: One Basement: No Structure Type: House Year Built: 1953 Subdivision Name: Garfield Heights Listing Contract Date: 08/26/2021 Purchase Contract Date: 10/04/2021 Contingency: None Known Close Date (DIM): 11/02/2021 Days In MLS: 39 Association: N Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $1,661 Tax Year: 2019 Tax Legal Desc: GARFIELD HGTS NEW FLG TR 56 TO 58 DIF BOOK 0271-103 Interior Area & SqFt Building Area Total (SqFt Total): 1,305 Living Area (SqFt Finished): 1,305 Above Grade Finished Area: 1,305 PSF Total: $346 PSF Finished: $346 PSF Above Grade: $346 Foundation: Concrete Perimeter Fireplace: Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Smoke Free Appliances: Cooktop, Dishwasher, Disposal, Gas Water Heater, Refrigerator Flooring: Carpet, Wood Furnished: Unfurnished Exclusions: Seller personal property including security cameras. Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 2 Baths Full: 1 Baths Three Quarter: 1 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 3 Garage Spaces: 1 Offstreet Spaces: 2 Site & Location Information Lot Size: 0.20 Acres / 8,710 SqFt Waterfront Feat: Lot Features: Irrigated, Level, Near Public Transit, Sprinklers In Front, Sprinklers In Rear Elementary School: Cms Community / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Grant / Denver 1 High School: Abraham Lincoln / Denver 1 Building & Water Information Architectural Style: Traditional Entry Level/Loc: Common Walls: No Common Walls Unit Count: Direction Faces: East View: Construction Materials: Frame Roof: Composition Exterior Features: Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Welcome! Here you have a beautiful home that has been well cared for. When approaching the house, you are welcomed with a lovely stamped concretecovered porch. As you enter the home, it opens to a large living room with lots of space. The dining room and kitchen have gorgeous refinished hardwood floors that give an elegant feel to the space. The kitchen has all stainless steel appliances and a co... Confidential Information Private Remarks: Seller has security cameras on the exterior of the house. Information is not guaranteed. Buyer and Buyers agent are to verify all information. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 1.2% List Agent Phone: 720-495-7879 Mobile: 720-495-7879
List Agent: Jason Fernandez List Office: The BLOCK inc Email: Jasonf.realestate@gmail.com Co List Agent: Alexis Bryant Co List Office: The BLOCK inc Email:
Abryantrealestate@gmail.com
Buyer Agent: Eriqueca Sanders Buyer Office: 303 REALTY GROUP INC Email:
eriqueca@303realty.net
Concessions: Buyer Closing Costs/Seller Points Paid, $6,000 Buyer Financing: VA
Phone: 303-437-2962 Mobile: 303-437-2962 Buyer Agent Phone: 303-495-2125 Mobile: 720-435-3300 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 01/30/2022 12:06:09 PM
1343 S Irving Street, Denver, CO 80219
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$452,000 - Closed
1177 S Dale Court, Denver, CO 80219 (Status: Closed, Listing ID: 3330603) Close Price: $480,000 County: Denver List Price: $460,000 Property Type: Residential Original List Price: $460,000 Property Subtype: Single Family Residence Levels: One Basement: No Structure Type: House Year Built: 1954 Subdivision Name: Rose Acres Listing Contract Date: 09/02/2021 Purchase Contract Date: 09/07/2021 Contingency: None Known Close Date (DIM): 09/24/2021 Days In MLS: 5 Association: N Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $1,762 Tax Year: 2020 Tax Legal Desc: S 76FT OF PLOT 6 ROSE ACRES Interior Area & SqFt 1,426 Living Area (SqFt Finished): 1,426 Above Grade Finished Area: 1,426 $337 PSF Finished: $337 PSF Above Grade: $337 Fireplace: 1/Living Room
Building Area Total (SqFt Total): PSF Total: Foundation: Slab Heating: Forced Air Cooling: None Appliances: Dishwasher, Disposal, Dryer, Oven Flooring: Carpet, Laminate Furnished: Partially Exclusions: None
HVAC Description:
Bed & Bath Summary 2 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 5 Garage Spaces: 5 Offstreet Spaces: 0 Site & Location Information Lot Size: 0.52 Acres / 22,811 SqFt Waterfront Feat: Lot Features: Level, Many Trees, Near Public Transit Horse: No Ski Features: Elementary School: Godsman / Denver 1 Bldg/Complex Name: Middle/Junior Sch: West Leadership / Denver 1 High School: Abraham Lincoln / Denver 1 Building & Water Information Architectural Style: Traditional Entry Level/Loc: Common Walls: No Common Walls Unit Count: Direction Faces: East View: Construction Materials: Brick Roof: Composition Exterior Features: Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Investor Special - Eastern Section of Ruby Hill - Zoned E-SU-DX - Currently 2 single family properties occupy this 1/2 acre lot along with a detached garage/outbuilding for a workshop or storage and is the equivalent of a 4+ Car Garage - This Oversized Lot is Ready For Development, bring your best offer for this great opportunity! Property #2 is deemed uninhabitable. Buyer to verify zoni... Confidential Information Private Remarks: Urban Edge - Single Unit - Dx (6,000 sq ft minimum zone lot size, x = Suburban House building form allowed) Buyer to take property as is and verity and info. Property is an estate sale. ***WE ARE IN A MULTIPLE OFFER SITUATION*** Please complete your due diligence at the property and submit your highest and best offer with proof of funds and preapprovals as needed. Deadline for offer submiss Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.0% Bedrooms Total: Baths Full:
2 2
Bathrooms Total: Baths Three Quarter:
List Agent: Jeff Lovato List Office: Keller Williams Integrity Real Estate LLC Email:
jefflovato@kw.com
Buyer Agent: Shantell Quintanar Buyer Office: Keller Williams Realty Success Email:
shantellq@gmail.com
Concessions: No Buyer Financing: Cash
List Agent Phone: 720-854-4834 Mobile: 720-854-4834 Buyer Agent Phone: 303-905-7680 Mobile: 303-905-7680 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 01/30/2022 12:06:09 PM
1177 S Dale Court, Denver, CO 80219
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$480,000 - Closed
1834 S Bryant Street, Denver, CO 80219 (Status: Closed, Listing ID: 9234159) Close Price: $425,000 County: Denver List Price: $420,000 Property Type: Residential Original List Price: $420,000 Property Subtype: Single Family Residence Levels: One Basement: Yes Structure Type: House Year Built: 1956 Subdivision Name: Garden Park Listing Contract Date: 10/15/2021 Purchase Contract Date: 10/18/2021 Contingency: None Known Close Date (DIM): 11/18/2021 Days In MLS: 3 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $1,695 Tax Year: 2020 Tax Legal Desc: THE N 50FT OF S 450FT EXC W 30 FT & E 8FT OF L 23 GARDEN PARK Interior Area & SqFt 2,268 Living Area (SqFt Finished): 2,268 Above Grade Finished Area: 1,319 949 Below Grade Finished Area: 949 Below Grade Unfinished Area: 0 $187 PSF Finished: $187 PSF Above Grade: $322 Bsmnt Ceiling Ht: 8 Ft Fireplace: 1/Wood Burning Stove
Building Area Total (SqFt Total): Below Grade Total Area: PSF Total: Basement: Full Foundation: Slab Heating: Forced Air Cooling: None HVAC Description: Interior Features: Radon Mitigation System Appliances: Disposal, Gas Water Heater, Range Hood, Refrigerator, Self Cleaning Oven Flooring: Carpet, Wood Furnished: Unfurnished Exclusions: Washer, dryer, refrigerator, and all of the sellers personal property. Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 2 Baths Full: 1 Baths Three Quarter: 1 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 3 Garage Spaces: 0 Offstreet Spaces: 3 Site & Location Information Lot Size: 0.15 Acres / 6,320 SqFt Waterfront Feat: Lot Features: Landscaped, Level, Near Public Transit Horse: No Ski Features: Elementary School: Schmitt / Denver 1 Bldg/Complex Name: Middle/Junior Sch: West Leadership / Denver 1 High School: Abraham Lincoln / Denver 1 Building & Water Information Entry Level/Loc: Common Walls: No Common Walls Unit Count: Direction Faces: West View: Construction Materials: Brick Roof: Composition Exterior Features: Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Charming all-brick home in highly desirable Denver County! Nicely maintained yard with an adorable curving walkway that leads you up to the front entry. The main floor has a large dining area off the kitchen. Down the hall are 3 main floor bedrooms and a full bathroom. There is a very large addition to the back of the house with a wood burning stove and backyard access. Lots of windows! Very brigh... Confidential Information Private Remarks: ***THERE IS NO YARD SIGN PER THE REQUEST OF THE SELLER*** Thank you for showing this property! Please give a 48 hour acceptance deadline. The sellers reserve the right to accept any offer at any time. Please include loan pre-approval letter or proof of funds with all offers. The buyers and buyers' agent are responsible to verify all measurements and information. Sellers will need a 60 day post Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.5% List Agent: Chris Mattie List Office: Signature Realty North, Inc. Email: chrismattie@srthomes.com Co List Agent: Tracy Mattie Co List Office: Signature Realty North, Inc. Email: tracymattie@SRTHomes.com Buyer Agent: Hang Le Buyer Office: Signature Real Estate Corp. Email: hleagent@gmail.com Concessions: No Buyer Financing: Conventional
List Agent Phone: 720-757-3972 Mobile: 720-757-3972 Phone: 303-523-5160 Mobile: 303-523-5160 Buyer Agent Phone: 720-397-0408 Mobile: 720-397-0408 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 01/30/2022 12:06:09 PM
1834 S Bryant Street, Denver, CO 80219
Street View
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Front
$425,000 - Closed
Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 01/30/2022 to 08/03/2021 Property Sub Type is 'Single Family Residence' Latitude, Longitude is within 0.75 mi of 2663 W Louisiana Ave, Denver, CO 80219, USA Beds Total is 2 to 3 Baths Total Integer is 2+ Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' Comparable Listing YN is no 23 Properties have been discarded.
Residential Pending Properties Listing ID Address
City
6078805 1765 W Florida
Denver
Bds
Bths
Abv
Ttl
Fin
Pending
PSF Abv
PSF Ttl
3
2
1,113
2,226
1,113
12/21/21
$472
$236
$472
Averages:
1,113
2,226
1,113
$472
$236
$472
Count: 1
High $525,000
List Price:
Low $525,000
PSF Fin DIM Orig Price
585,000
128 128 $585,000
List Price
$525,000 $525,000
Median $525,000
Closed Properties Listing ID Address
City
9234159 1834 S Bryant ST 3611045 3240 W Mexico AVE
Close
PSF Abv
PSF Ttl
2,268
11/18/21
$322
$187
$187
3
1,907
09/28/21
$450
$225
$231
5
1,305
1,305
11/02/21
$346
$346
$346
1,068
1,786
1,750
12/03/21
$449
$269
$274
2
1,426
1,426
1,426
09/24/21
$337
$337
$337
2
1,103
2,095
1,976
10/01/21
$444
$234
2
1,463
1,902
1,877
08/27/21
$355
Averages:
1,237
1,820
1,787
$386
Bds
Bths
Abv
Ttl
Fin
Denver
3
2
1,319
2,268
Denver
3
2
978
1,956
8319606 1343 S Irving ST
Denver
2
2
1,305
3921820 1901 W Florida AVE
Denver
3
2
3330603 1177 S Dale CT
Denver
2
5282421 1198 S Alcott ST
Denver
3
9901585 800 S Eliot ST
Denver
2
Count: 7
Closed Price:
Report Totals
Presented By: Blake Buckley Generated on: 01/30/2022
Count : 8
Averages:
High $520,000
SqFt Abv 1,222
SqFt Ttl 1,871
List Price Close Price
CP/OLP
420,000
$420,000 $425,000
101%
399,900
$399,900 $440,000
110%
39
450,000
$450,000 $452,000
100%
7
485,000
$485,000 $480,000
99%
5
460,000
$460,000 $480,000
104%
$248
2
462,000
$462,000 $490,000
106%
$273
$277
$500,000 $520,000
104%
$271
5 9
500,000
$267
$453,843
$453,843 $469,571
104%
Orig Price $470,238
List Price Close Price $462,738 $469,571
CP/OLP 104 %
Low $425,000 Sqft Fin 1,703
PSF Abv $ 397
PSF Fin DIM Orig Price
Median $480,000 PSF Ttl
$263
All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com
PSF Fin $297
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.
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