3216 S Nucla St_Keith and Kendra_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 3216 S Nucla St, Aurora, CO 80013, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' Comparable Listing YN is no 1 Property has been discarded.

Residential Pending Properties Listing ID Address

City

3535830 3367 S Nucla WAY

Aurora

Bds

Bths

Abv

Ttl

Fin

Pending

PSF Abv

PSF Ttl

4

3

1,850

2,498

2,366

03/28/22

$297

$220

$232

Averages:

1,850

2,498

2,366

$297

$220

$232

Count: 1

High $550,000

List Price:

Low $550,000

PSF Fin DIM Orig Price

5 5

List Price

550,000

$550,000

$550,000

$550,000

Median $550,000

Closed Properties Listing ID Address

City

Bds

Bths

Abv

Ttl

Fin

Close

PSF Abv

PSF Ttl

9984397 16918 E Eldorado CIR

Aurora

4

3

2,386

3,044

3,044

12/07/21

$218

$171

$171

1554036 3368 S Nucla WAY

Aurora

6

4

2,198

3,364

3,224

11/23/21

$239

$156

9948173 16758 E Floyd AVE

Aurora

6

3

1,617

3,234

1,617

03/16/22

$371

Averages:

2,067

3,214

2,628

$276

Count: 3

Closed Price:

Report Totals

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

Count : 4

Averages:

High $600,000

SqFt Abv 2,013

SqFt Ttl 3,035

List Price Close Price

CP/OLP

6

504,850

$504,850 $520,000

103%

$163

3

515,000

$515,000 $525,000

102%

$186

$371

$579,000 $600,000

104%

$235

7 5

579,000

$171

$532,950

$532,950 $548,333

103%

Orig Price $537,213

List Price Close Price $537,213 $548,333

CP/OLP 103 %

Low $520,000 Sqft Fin 2,563

PSF Abv $ 281

PSF Fin DIM Orig Price

Median $525,000 PSF Ttl

$183

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

PSF Fin $234

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

at Keller Williams Integrity

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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