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Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 04/26/2022 to 10/28/2021 Property Sub Type is 'Single Family Residence' Latitude, Longitude is within 0.25 mi of 3070 Leyden St, Denver, CO 80207, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' Comparable Listing YN is no 4 Properties have been discarded.
Residential Active Properties Listing ID Address
City
2388006 2989 Krameria ST
Denver
Bds
Bths
Abv
Ttl
Fin
List
PSF Abv
PSF Ttl
3
2
1,140
1,140
1,140
04/26/22
$610
$610
$610
Averages:
1,140
1,140
1,140
$610
$610
$610
Count: 1
High $695,000
List Price:
Low $695,000
PSF Fin DIM Orig Price
List Price
695,000
$695,000
$695,000
$695,000
PSF Fin DIM Orig Price
List Price
0 0
Median $695,000
Pending Properties Listing ID Address
City
5601393 3010 Locust ST 8176470 3002 Kearney ST 1521750 3085 Kearney ST
Abv
Ttl
Fin
Pending
PSF Abv
PSF Ttl
2
779
1,558
1,558
04/22/22
$807
$404
$404
40
639,000
$629,000
3
1,321
1,953
1,953
04/09/22
$511
$346
$346
1
675,000
$675,000
3
1,051
1,893
1,893
04/08/22
$665
$369
$369
$699,000
Averages:
1,050
1,801
1,801
$661
$373
$373
30 24
750,000 $688,000
$667,667
Bds
Bths
Denver
4
Denver
4
Denver
4
Count: 3
High $699,000
List Price:
Low $629,000
Median $675,000
Closed Properties Listing ID Address
City
Bds
Bths
Abv
Ttl
Fin
Close
PSF Abv
PSF Ttl
4764407 3055 Jasmine ST
Denver
3
2
1,053
2,106
1,885
02/22/22
$617
$309
$345
9724971 3074 Krameria ST
Denver
5
2
998
1,996
1,996
12/21/21
$668
$334
2643299 3025 Kearney ST
Denver
4
2
1,003
2,006
1,910
03/03/22
$670
$335
4992938 3232 Leyden ST
Denver
4
2
1,020
2,080
2,080
04/12/22
$735
$361
$361
Averages:
1,019
2,047
1,968
$673
$335
$348
Count: 4
Closed Price:
Report Totals
Presented By: Genesis Cobb Generated on: 04/26/2022
Count : 8
Averages:
High $750,000
SqFt Abv 1,046
SqFt Ttl 1,842
Low $650,000 Sqft Fin 1,802
PSF Abv $ 661
PSF Fin DIM Orig Price
List Price Close Price
CP/OLP
3
510,000
$510,000 $650,000
127%
$334
9
649,900
$649,900 $667,000
103%
$352
2
625,000
$625,000 $672,000
108%
4 5
675,000
$675,000 $750,000
111%
$614,975
$614,975 $684,750
112%
Orig Price $652,363
List Price Close Price $644,738 $684,750
CP/OLP 112 %
Median $669,500 PSF Ttl
$383
All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com
PSF Fin $390
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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2
3
4
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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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