USA
Properties
Listing
ID CityAddress Bds Bths Ttl Fin Close PricePSF Fin List PriceOrig Price CP/OLPPSF TtlAbv Close PSF Abv DIM
Property Type is 'Residential' Mls Status is one of 'Active', 'Coming Soon', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 09/10/2022 to 03/14/2022 Mls Status is 'Withdrawn' Status Contractual Search Date is 09/10/2022 to 03/14/2022 Mls Status is 'Expired' Status Contractual Search Date is 09/10/2022 to 03/14/2022 Property Sub Type is 'Condominium' Latitude, Longitude is within 0.25 mi of 7080 W 20 th Ave #106, Lakewood, CO 80214, Beds Total is 2 Baths is 2 Originating System Name is one of 'REcolorado', 'ROCC',
2Lakewood 1,0771,077 389,000$343 $3433261480 101 Count: 2 Averages: 1,077 $364,450$3381,077 $3381,077 High Low MedianList Price: $364,450 $382,000$359,900$338$369,000 62
7150 W 20th AVE #207 $354,9002 996 $340,000 91%08/30/22Lakewood 996996 375,000$341 $341IR969826 39
7110 W 20th AVE #204 $339,0002 996 $351 $350,000 103%07/15/222Lakewood 996996 339,000$351 $3513778048 3
High Low MedianClosed Price: $350,000
'SSBR', 'IRES*' ListingActiveResidentialPropertiesID CityAddress Bds Bths Ttl Fin PSF Fin List PriceOrig PricePSF TtlAbv List PSF Abv DIM
#106
2
$340,000$371$420,000 14 Report Totals $354,560$362 $358 $370,0001,0281,0281,028Count : 5 Averages: Close PriceList PriceOrig PricePSF FinPSF TtlPSF AbvSqft FinSqFt TtlSqFt Abv $365,600$ 358 105 % CP/OLP Generated on: 09/10/2022 CMA Page1-Line1of1REcolorado.com Presented By: Lily Lopez All data deemed reliable but not guaranteed Copyright
Total Integer
2
© 2022. All rights reserved.
$334
7150 W 20th AVE #304 $350,0002 996 $422 $420,000 120%04/27/222Lakewood 996996 350,000$422 $4229818154 0 Count: 3 105%Averages: 996 $347,967 $370,000$387996 $371996 $354,667 REcolorado
7080 W 20th AVE $369,00006/01/22
Closed
2 1,077 $343
7040 W 20th AVE #102 $359,90008/18/22Lakewood 1,0771,077 375,000$3343718813
23
2 1,077 $334
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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.
PRICINGINTELLIGENT&TIMING
at Keller Williams Integrity
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.
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.
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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.
PERCENTAGE OF BUYERS
+10%+15% Market Value -15%-10% 90%75%60%30%10%
ASKING PRICE
and exciting to buyers and to their agents.
Intelligent pricing isn’t about getting the most for your home – it’s about getting your home sold quickly at fair market value.
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.
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.
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.
ACTIVITY 1 2 3 4 5 6
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
at Keller Williams Integrity
TIME ON MARKET (IN WEEKS)
