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Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 04/01/2022 to 10/03/2021 Property Sub Type is 'Single Family Residence' Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' Comparable Listing YN is no Latitude, Longitude is within 0.25 mi of 4118 Xavier St, Denver, CO 80212, USA, is around 39.77, -105.04 22 Properties have been discarded.
Residential Closed Properties Listing ID Address
City
Bds
Bths
Abv
Ttl
Fin
Close
PSF Abv
PSF Ttl
9082077 3807 Utica ST
Denver
2
1
680
680
680
02/25/22
$775
$775
$775
6990280 4178 Winona CT
Denver
1
1
822
982
822
10/07/21
$663
$555
$663
4785494 3850 Utica ST
Denver
2
1
990
1,326
990
10/20/21
$591
$441
$591
1927049 4165 Zenobia ST
Denver
2
1
755
755
755
03/25/22
$781
$781
8915567 3847 Xavier ST
Denver
3
1
1,027
1,027
1,027
10/29/21
$594
$594
4845191 3916 Xavier ST
Denver
3
1
796
1,322
929
11/15/21
$785
$473
$673
Averages:
845
1,015
867
$698
$603
$680
Count: 6
Closed Price:
Report Totals
Presented By: Frances Sullivan Generated on: 04/01/2022
Count : 6
Averages:
High $625,000
SqFt Abv 845
SqFt Ttl 1,015
Low $527,000 Sqft Fin 867
PSF Abv $ 698
PSF Fin DIM Orig Price
List Price Close Price
CP/OLP
5
474,900
$474,900 $527,000
111%
5
529,000
$529,000 $545,000
103%
4
595,000
$595,000 $585,000
98%
$781
2
450,000
$450,000 $590,000
131%
$594
4
595,000
$595,000 $610,000
103%
2 4
575,000
$575,000 $625,000
109%
$536,483
$536,483 $580,333
109%
Orig Price $536,483
List Price Close Price $536,483 $580,333
CP/OLP 109 %
Median $587,500 PSF Ttl
$603
All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com
PSF Fin $680
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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