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Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 04/27/2022 to 10/29/2021 Property Sub Type is 'Single Family Residence' Latitude, Longitude is within 0.50 mi of 329 Paragon Way, Castle Rock, CO 80108, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' Comparable Listing YN is no
Residential Active Properties Listing ID Address
City
5872135 42 Bantala PL
Castle Rock
Bds
6
Count: 1
Bths
Abv
Ttl
Fin
List
PSF Abv
PSF Ttl
6
4,932
9,864
9,113
02/02/22
$578
$289
$313
Averages:
4,932
9,864
9,113
$578
$289
$313
High $2,850,000
List Price:
Low $2,850,000
PSF Fin DIM Orig Price
64 2,900,000 64 $2,900,000
List Price
$2,850,000 $2,850,000
Median $2,850,000
Pending Properties Bds
Bths
Abv
Ttl
Fin
Pending
PSF Abv
PSF Ttl
Castle Rock
6
5
4,601
6,571
6,089
04/25/22
$326
$228
$246
Castle Rock
5
7
5,137
8,370
7,707
04/08/22
$545
$335
$363
Averages:
4,869
7,471
6,898
$436
$281
$305
Listing ID Address
City
6541154 516 Prospect DR 4873909 663 Yankakee DR
Count: 2
High $2,800,000
List Price:
Low $1,500,000
PSF Fin DIM Orig Price
2 1,500,000 70 2,800,000 36 $2,150,000
List Price
$1,500,000 $2,800,000 $2,150,000
Median $2,150,000
Closed Properties Listing ID Address
City
Bds
Bths
Abv
Ttl
Fin
Close
PSF Abv
PSF Ttl
3275030 65 Indigo WAY
Castle Rock
4
4
3,117
4,651
4,431
02/04/22
$577
$387
$406
1
1,675,000
$1,675,000 $1,800,000
107%
3715261 684 Orofino DR
Castle Rock
5
7
3,925
5,992
5,759
03/11/22
$498
$326
$339
103%
3,521
5,322
5,095
$538
$357
$373
1 1,890,000 1 $1,782,500
$1,890,000 $1,955,000
Averages:
$1,782,500 $1,877,500
105%
List Price Close Price $2,143,000 $1,877,500
CP/OLP 105 %
Count: 2
Closed Price:
Report Totals
Presented By: Holly Vogel Generated on: 04/27/2022
Count : 5
Averages:
High $1,955,000
SqFt Abv 4,342
SqFt Ttl 7,090
Sqft Fin 6,620
Low $1,800,000 PSF Abv $ 505
PSF Fin DIM Orig Price
List Price Close Price
CP/OLP
Median $1,877,500 PSF Ttl
$313
All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com
PSF Fin $334
Orig Price $2,153,000
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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2
3
4
5
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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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