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Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 06/08/2022 to 12/10/2021 Property Sub Type is 'Single Family Residence' Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' Latitude, Longitude is within 0.25 mi of 2940 Cottonwood Dr, Denver, CO 80221, USA, is around 39.84, -105.02 10 Properties have been discarded.
Residential Pending Properties Listing ID Address
City
6690208 2580 Cottonwood DR
Denver
Bds
3
Count: 1
Bths
Abv
Ttl
Fin
Pending
PSF Abv
PSF Ttl
2
1,056
1,056
1,056
06/07/22
$402
$402
$402
Averages:
1,056
1,056
1,056
$402
$402
$402
High $425,000
List Price:
Low $425,000
PSF Fin DIM Orig Price
6 6
List Price
425,000
$425,000
$425,000
$425,000
Median $425,000
Closed Properties Bds
Bths
Abv
Ttl
Fin
Close
PSF Abv
PSF Ttl
Denver
4
2
1,657
1,657
1,657
04/21/22
$273
$273
$273
7
Denver
3
2
1,114
1,114
1,114
05/12/22
$444
$444
$444
7
8963075 7860 Fairview AVE
Denver
3
2
1,848
1,848
1,848
03/17/22
$276
$276
$276
5798555 7975 Robin LN
Denver
4
2
904
1,808
1,729
04/11/22
$625
$313
$327
Averages:
1,381
1,607
1,587
$404
$326
$330
Listing ID Address
City
4688978 2489 Elmwood LN 5415849 7848 Greenleaf LN
Count: 4
Closed Price:
Report Totals
Presented By: Frances Sullivan Generated on: 06/08/2022
Count : 5
Averages:
High $565,000
SqFt Abv 1,316
SqFt Ttl 1,497
Low $452,000 Sqft Fin 1,481
PSF Abv $ 404
PSF Fin DIM Orig Price
List Price Close Price
CP/OLP
435,000
$435,000 $452,000
104%
495,000
$495,000 $495,000
100%
13
512,000
$512,000 $509,500
100%
4 8
490,000
$490,000 $565,000
115%
$483,000
$483,000 $505,375
105%
Orig Price $471,400
List Price Close Price $471,400 $505,375
CP/OLP 105 %
Median $502,250 PSF Ttl
$342
All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com
PSF Fin $344
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
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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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