6054 Vacquero Dr. Market Analysis

Page 1

at Keller Williams Integrity


























Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 06/06/2022 to 12/08/2021 Latitude, Longitude is within 0.25 mi of

6054 Vacquero Dr, Castle Pines, CO 80108, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*'

Residential Active Properties Bds

Bths

Abv

Ttl

Fin

List

PSF Abv

PSF Ttl

Castle Pines

5

7

5,089

7,806

7,127

04/27/22

$413

$269

$295

Castle Pines

5

5

4,780

7,086

6,676

05/11/22

$460

$310

Averages:

4,935

7,446

6,902

$436

$290

Listing ID Address

City

7523429 12581 Daniels Gate DR 1570066 5745 Amber Ridge PL

Count: 2

High $2,199,900

List Price:

Low $2,100,000

PSF Fin DIM Orig Price

List Price

$2,100,000

$330

40 2,100,000 26 2,199,900

$312

33 $2,149,950

$2,149,950

$2,199,900

Median $2,149,950

Closed Properties Listing ID Address

City

Bds

Bths

Abv

Ttl

Fin

Close

PSF Abv

PSF Ttl

3899975 6291 Vacquero CIR

Castle Pines

5

4

2,440

3,762

3,535

05/26/22

$361

$234

$249

8

5652427 6344 Vacquero DR

Castle Pines

4

4

2,887

4,311

4,133

03/18/22

$339

$227

$237

0

910,000

7170988 6186 Vacquero DR

Castle Pines

5

3

2,100

4,200

4,100

04/01/22

$519

$260

$266

4

1,050,000

8944491 12543 Daniels Gate DR

Castle Pines

5

4

4,146

5,506

4,146

05/17/22

$338

$254

$338

3

1,375,000

$1,375,000 $1,400,000

102%

2340953 5854 Amber Ridge DR

Castle Pines

6

8

5,249

7,727

7,251

12/15/21

$380

$258

$275

95%

3,364

5,101

4,633

$387

$247

$273

5 2,100,000 4 $1,262,000

$2,100,000 $1,995,000

Averages:

$1,262,000 $1,268,975

102%

List Price Close Price $1,515,700 $1,268,975

CP/OLP 102 %

Count: 5

Closed Price:

Report Totals

Presented By: Jacob Bingel Generated on: 06/06/2022

Count : 7

Averages:

High $1,995,000

SqFt Abv 3,813

SqFt Ttl 5,771

Sqft Fin 5,281

Low $880,000 PSF Abv $ 401

PSF Fin DIM Orig Price

875,000

List Price Close Price

CP/OLP

$875,000 $880,000

101%

$910,000 $979,875

108%

$1,050,000 $1,090,000

104%

Median $1,090,000 PSF Ttl

$259

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

PSF Fin $284

Orig Price $1,515,700

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

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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