at Keller Williams Integrity
This search was narrowed to a specific set of Properties. Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 07/05/2022 to 01/06/2022 Property Sub Type is 'Single Family Residence' Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' Latitude, Longitude is around 39.79, -104.76
Residential Pending Properties Listing ID Address
City
4893828 4966 Ceylon WAY
Denver
Bds
Bths
Abv
Ttl
Fin
Pending
PSF Abv
PSF Ttl
4
3
3,395
3,395
3,395
07/01/22
$197
$197
$197
Averages:
3,395
3,395
3,395
$197
$197
$197
Count: 1
High $670,000
List Price:
Low $670,000
PSF Fin DIM Orig Price
9 9
List Price
670,000
$670,000
$670,000
$670,000
Median $670,000
Closed Properties Listing ID Address
City
Bds
Bths
Abv
Ttl
Fin
Close
PSF Abv
PSF Ttl
8582305 4988 Dunkirk ST
Denver
4
3
3,316
4,568
3,316
04/08/22
$216
$157
$216
6201691 4884 Cathay CT
Denver
4
3
3,294
4,544
3,294
05/23/22
$223
$162
$223
Averages:
3,305
4,556
3,305
$219
$159
$219
Count: 2
Closed Price:
Report Totals
Presented By: Jonathan Casillas Generated on: 07/05/2022
Count : 3
Averages:
High $735,000
SqFt Abv 3,335
SqFt Ttl 4,169
Low $715,000 Sqft Fin 3,335
PSF Abv $ 212
PSF Fin DIM Orig Price
List Price Close Price
CP/OLP
3
675,000
$675,000 $715,000
106%
5 4
665,000
$665,000 $735,000
111%
$670,000
$670,000 $725,000
108%
Orig Price $670,000
List Price Close Price $670,000 $725,000
CP/OLP 108 %
Median $725,000 PSF Ttl
$172
All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com
PSF Fin $212
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 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
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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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720.208.7200 TheBarticGroup.com A Veteran Owned Business