Market Analysis for John and Susie

Page 1

The Ba

ic G o p'

Ma ke

Single-Famil Homes

Repo

www.TheBarticGroup.com

A

This week the median list price for Aurora, CO is $645,495 with the market action index hovering around 99. This is about the same as last month's market action index of 99. Inventor has increased to 274.

Ma ke

Real-Time Ma ke

Ac ion Inde

This answers How s the Market? b comparing rate of sales versus inventor . 50

40

Bu er's Market

60

20

80 100

10 0

on

S

90

M

a Tod th

Las t

99 S

Seller's Market

70

30

' Ma

The market remains in a relative stasis in terms of sales to inventor and prices have been relativel stable for a few weeks. However, inventor is sufficientl low to keep us in the Seller s Market one so watch changes in the MAI. If the market heats up, prices are likel to resume an upward climb.

Ma ke

a, CO P ofile

Median List Price

$645,495

Median Price of New Listings

$615,085

Per Square Foot

$227

Average Da s on Market

19

Median Da s on Market

7

Price Decreased

24%

Price Increased

9%

Relisted

1%

Inventor

274

Median Rent

$2,750

Market Action

99

S

S

' Ma

Segmen

Each segment below represents approximatel 25% of the market ordered b price. M da P c

S .F.

L

$903,355

4,157

$699,950

S

B d

Ba

A

N

Ab

8,000 - 10,000 sqft

5

4

7

21

17

7

3,450

6,500 - 8,000 sqft

4

3

17

26

23

14

$599,990

2,418

6,500 - 8,000 sqft

4

3

17

28

25

7

$500,000

1,632

6,500 - 8,000 sqft

3

2

47

37

44

0

Fri Ma 20 2022

b d

DOM

2 of 6


The Ba

ic G o p'

Ma ke

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Median Li

A

a, CO

P ice

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durabilit of this trend. $700K

$650K

$600K

$550K

$500K

$450K

$400K Ma 2019

Oct 2019

Feb 2020

Jun 2020

7-Da A

Oct 2020

a

Feb 2021

90-Da A

Jun 2021

Oct 2021

Feb 2022

a

Segmen

Prices have generall settled at a plateau, although Quartile 3 is on a bit of an up trend in recent weeks. We ll need to see a persistent shift in the Market Action Index before we see prices across the board move from these levels. $1.0M

$800K

$600K

$400K

$200K Ma 2019

Oct 2019

T

Feb 2020

90-Da

Jun 2020

U

Oct 2020

90-Da

Feb 2021

L

90-Da

Fri Ma 20 2022

Jun 2021

B

Oct 2021

Feb 2022

90-Da

3 of 6


The Ba

ic G o p'

Ma ke

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P ice Pe

S

A

a, CO

a e Foo

The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonabl stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels. $275

$250

$225

$200

$175

$150

$125 Ma 2019

Oct 2019

Feb 2020

Jun 2020

7-Da A

Oct 2020

a

Feb 2021

90-Da A

Jun 2021

Oct 2021

Feb 2022

a

In en o

Inventor has been climbing latel . Note that rising inventor alone does not signal a weakening market. Look to the Market Action Index and Da s on Market trends to gauge whether bu er interest is keeping up with available suppl . 800

600

400

200

0 Ma 2019

Oct 2019

Feb 2020

Jun 2020

Oct 2020

7-Da A

a

Feb 2021

90-Da A

Fri Ma 20 2022

Jun 2021

Oct 2021

Feb 2022

a

4 of 6


The Ba

ic G o p'

Ma ke

Single-Famil Homes

Repo

www.TheBarticGroup.com

Ma ke

A

a, CO

Ac ion Inde

The market remains in a relative stasis in terms of sales to inventor and prices have been relativel stable for a few weeks. However, inventor is sufficientl low to keep us in the Seller s Market one so watch changes in the MAI. If the market heats up, prices are likel to resume an upward climb. 120

100

80

60

40

20 Ma 2019

Ma ke

Oct 2019

Feb 2020

Jun 2020

Oct 2020

7-Da A

a

Feb 2021

90-Da A

Jun 2021

Oct 2021

Feb 2022

a

Ac ion Segmen

Not surprisingl , all segments in the market are showing high levels of demand. Watch the quartiles for changes before the whole market changes. Often one end of the market (e.g. the high-end) will weaken before the rest of the market and signal a slowdown for the whole group. 120

100

80

60

40

20 Ma 2019

Oct 2019

Feb 2020

T

90-Da

Jun 2020

U

Oct 2020

90-Da

Feb 2021

L

90-Da

Fri Ma 20 2022

Jun 2021

B

Oct 2021

Feb 2022

90-Da

5 of 6


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Median Da

A

on Ma ke

a, CO

(DOM)

The properties have been on the market for an average of 22 da s. Half of the listings have come newl on the market in the past 4 or so da s. Watch the 90-da DOM trend for signals of a changing market. 60

50

40

30

20

10

0 Ma 2019

Oct 2019

Feb 2020

Jun 2020

Oct 2020

7-Da A

a

Feb 2021

90-Da A

Jun 2021

Oct 2021

Feb 2022

a

Segmen

It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles. 100

80

60

40

20

0 Ma 2019

Oct 2019

Feb 2020

T

90-Da

Jun 2020

U

Oct 2020

90-Da

Feb 2021

L

90-Da

Fri Ma 20 2022

Jun 2021

B

Oct 2021

Feb 2022

90-Da

6 of 6





Ma

4778 S B

1

Wa , A

fP

a, CO 80016 L Id: 4018085 Sa : Pe d g 04/26/22 P ce: $750,000 S b e: SFR T S F: 4,586 Bd/B : 5/4 S #: 855-293-5416

e

L ca

4869 S B

2

Wa , A

a, CO 80016 L Id: 9034002 Sa : C ed 04/06/22 P ce: $660,000 S b e: SFR T S F: 2,857 Bd/B : 3/3 S #: 13033285886


Broker 1 Page 4778 S Bilo i Wa , A rora, CO 80016 (S a

s: Pending, Lis ing ID: 4018085)

Co nt : Arapahoe List Price: $750,000 Propert T pe: Residen ial Original List Price: $750,000 Propert S bt pe: Single Famil Residence Le els: T o Basement: Yes Str ct re T pe: Ho se Year B ilt: 2015 S bdi ision Name: Tollga e Crossing Listing Contract Date: 04/21/2022 P rchase Contract Date: 04/26/2022 Contingenc : None Kno n Da s In MLS: 5 Association: Y M ltiple: Y Co /Rest: N Assoc Fee Tot Annl: $200.00 Ta Ann al Amt: $4,833 Ta Year: 2021 Ta Legal Desc: LOT 18 BLK 2 TOLLGATE CROSSING SUB FILING NO 10 EX M/R'S In erior Area & SqF 4,586 Li ing Area (SqFt Finished): 3,318 Abo e Grade Finished Area: 3,318 1,268 Belo Grade Finished Area: 0 Belo Grade Unfinished Area: 1,268 $164 PSF Finished: $226 PSF Abo e Grade: $226 Bsmnt Ceiling Ht: Fireplace:

B ilding Area Total (SqFt Total): Belo Grade Total Area: PSF Total: Basement: F ll Fo ndation: Slab Heating: Forced Air Cooling: Cen ral Air E cl sions: Washer & Dr er Bedrooms Total: Baths F ll:

5 3

Parking Total:

3

Assoc 1 Fee/Freq enc : Assoc Fee Incl: Assoc Amenities: Restriction Co enants:

HVAC Description:

Bed & Ba h S mmar 4 0 Baths Half: 1 Parking Garage Spaces: 3 Offstreet Spaces: 0 Associa ion Informa ion $0.00 Incl ded $200.00 Ann all Assoc 2 Fee/Freq enc : Assoc 3 Fee/Freq enc : in Proper Ta Bathrooms Total: Baths Three Q arter:

Pool

Baths One Q arter:

0

Senior Comm nit : No Rentals Allo ed: Si e & Loca ion Informa ion Lot Si e: 0.16 Acres / 6,867 SqF Waterfront Feat: Lot Feat res: Irriga ed, Landscaped, Le el, Mas er Planned, Sprinklers In Fron , Sprinklers In Rear Elementar School: B ffalo Trail / Cherr Creek 5 Bldg/Comple Name: Middle/J nior Sch: Infini / Cherr Creek 5 High School: Cherokee Trail / Cherr Creek 5 B ilding & Wa er Informa ion Constr ction Materials: Frame, S one Roof: Composi ion E terior Feat res: Dog R n, Fire Pi , Gas Val e, Pri a e Yard, Rain G ers Water Incl ded: Yes Water So rce: P blic Se er: P blic Se er P blic Remarks Absol tel st nning l r home that is perfectl nestled in the prestigio s Tollgate Crossing comm nit of A rora, Colorado. Here o ill find a delicatel planned comm nit ith onl the highest standards in famil li ing. This spectac lar home sho s like a tr e model and has bea tif l st le and c stom finishes thro gho t. The Kitchen has it all! White farm sink, h ge island eno gh for 6 stools... Confiden ial Informa ion Pri ate Remarks: Listing Broker ses CTM. Pre-appro al lender letter or proof of f nds req ired ith all offers. Seller reser es the right to accept an acceptable offer at an time. No escalation cla ses. Seller has instr cted Agent not to s bmit an "Lo e Letters". B er/B er's Agent in consideration of coop to erif all information incl ding MLS, HOA, schools, oning and sq are footage. For inq iries, please B er Agenc Comp: 2.5% D al Variable: Yes S bmitted Prosp: Yes Transaction Broker Comp: 2.5% Contract Earnest Check To: Land Ti le Possession: Contract Min Earnest: $8,000 Listing Terms: Cash, Con en ional, FHA, VA Loan Title Compan : Land Ti le O nership: Indi id al Pets Allo ed:

Sho ing Informa ion Sho ing Contact Phone:

855-293-5416

List Agent: Chris Calicchia List Office: MB BELLISSIMO HOMES Email: Chrisc o alreal @ ahoo.com Co List Agent: Craig Hoo er Co List Office: MB BELLISSIMO HOMES Email:

Sho

Email:

No Sho ings Un il: 04/22/22 Lis Agen Phone: 303-994-7992 Mobile: 303-994-7992 Phone: 720-318-5881 Mobile: 720-318-5881

Craig@Lis 1995.com Not intended for p blic se. All data deemed reliable b t not g aranteed. REcolorado 2022.

Generated on: 05/06/2022 10:12:24 AM


F ll Proper

4778 S B

,A

, CO 80016

----

Vie

$750,000 - P


4869 S Bilo i Wa , A rora, CO 80016 (S a

s: Closed, Lis ing ID: 9034002)

Close Price: $660,000 Co nt : Arapahoe List Price: $570,000 Propert T pe: Residen ial Original List Price: $570,000 Propert S bt pe: Single Famil Residence Le els: T o Basement: Yes Str ct re T pe: Ho se Year B ilt: 2016 S bdi ision Name: Tollga e Crossing Listing Contract Date: 03/10/2022 P rchase Contract Date: 03/13/2022 Contingenc : None Kno n Close Date (DIM): 04/06/2022 Da s In MLS: 3 Association: Y M ltiple: Y Co /Rest: N Assoc Fee Tot Annl: $624.00 Ta Ann al Amt: $4,162 Ta Year: 2021 Ta Legal Desc: LOT 27 BLK 1 TOLLGATE CROSSING SUB FILING NO 10 EX M/R'S In erior Area & SqF B ilding Area Total (SqFt Total): 2,857 Li ing Area (SqFt Finished): 2,020 Abo e Grade Finished Area: 2,020 Belo Grade Total Area: 837 Belo Grade Finished Area: 0 Belo Grade Unfinished Area: 837 PSF Total: $231 PSF Finished: $327 PSF Abo e Grade: $327 Basement: Ba h/S bbed, F ll, Unfinished, WalkBsmnt Ceiling Ht: O Access Fo ndation: Slab Fireplace: Heating: Forced Air, Na ral Gas Cooling: Cen ral Air HVAC Description: Interior Feat res: En rance Fo er, Grani e Co n ers, Ki chen Island, Lamina e Co n ers, Open Floorplan, Walk-In Close (s) Appliances: Con ec ion O en, Dish asher, Disposal, Dr er, Gas Wa er Hea er, Micro a e, Refrigera or, Self Cleaning O en Flooring: Carpe , Linole m E cl sions: Seller's Personal Proper , Washer, and Dr er, ho b Bed & Ba h S mmar Bedrooms Total: 3 Bathrooms Total: 3 Baths F ll: 0 Baths Three Q arter: 2 Baths Half: 1 Baths One Q arter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Associa ion Informa ion Assoc 1 Fee/Freq enc : $52.00 Mon hl Assoc 2 Fee/Freq enc : $0.00 Ann all Assoc 3 Fee/Freq enc : Assoc Fee Incl: Main enance Gro nds, Rec cling, Sno Remo al, Trash Assoc Amenities: Senior Comm nit : No Restriction Co enants: Pets Allo ed: Rentals Allo ed: Si e & Loca ion Informa ion Lot Si e: 0.14 Acres / 6,098 SqF Waterfront Feat: Lot Feat res: Landscaped, Open Space, Sprinklers In Fron , Sprinklers In Rear Elementar School: B ffalo Trail / Cherr Creek 5 Bldg/Comple Name: Middle/J nior Sch: Infini / Cherr Creek 5 High School: Cherokee Trail / Cherr Creek 5 B ilding & Wa er Informa ion Architect ral St le: Tradi ional Entr Le el/Loc: Common Walls: No Common Walls Unit Co nt: Direction Faces: So heas Vie : Constr ction Materials: Vin l Siding Roof: Composi ion E terior Feat res: Pri a e Yard, Smar Irriga ion Water Incl ded: Yes Water So rce: P blic Se er: P blic Se er P blic Remarks Welcome to this metic lo sl maintained Oak ood Home ith 3 bedrooms, 3 bathrooms, and an o ersi ed garage in Tollgate Crossing! As o enter this home, o are greeted ith an open li ing room, an eat-in kitchen, and lots of nat ral light. Off the kitchen, o can head o tside to o r deck o erlooking green space and eas access to Har est Trail. The deck then leads do n to a bea tif l patio s ... Confiden ial Informa ion Pri ate Remarks: Professional Photos ill be ploaded on 3/10. Sho ings begin Frida , 3/11 5-8 PM, Sat/S n 11-5 pm ONLY, o erlapping. Wear booties or remo e shoes hen entering the home. In the e ent of m ltiple offers, offers ill be accepted thro gh S nda 3/13 at 6:30 PM, ith Seller acceptance b 7 PM on Monda 3/14. The seller has the right to accept an offer at an time. The seller is looking for a q ick B er Agenc Comp: 2.5% D al Variable: No S bmitted Prosp: No Transaction Broker Comp: 2.5% List Agent: Shannon Ellio List Office: ViaTerra T o Email: sellio @ ia errahomes.com B B

er Agent: Mark Kr se er Office: RE/MAX ALLIANCE

Email: mark@kr se oclose.com Co B er Agent: Kr se to Close Team Co B er Office: RE/MAX ALLIANCE Email: office@kr se oclose.com Concessions: No B er Financing: Con en ional

Lis Agen Phone: 303-328-5886 Mobile: 303-328-5886 B

er Agen Phone: 303-522-7675 Mobile: 303-522-7675 Phone: 303-522-7675 Mobile:

Close Information

Not intended for p blic se. All data deemed reliable b t not g aranteed. REcolorado 2022.

Generated on: 05/06/2022 10:12:24 AM


4869 S B

,A

, CO 80016

----

$660,000 - C


Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 05/06/2022 to 04/06/2022 Originating System Name is one of

'REcolorado', 'ROCC', 'SSBR', 'IRES*' Latitude, Longitude is within 0.25 mi of 4906 S Buchanan St, Aurora, CO 80016, USA, is around 39.62, -104.71

Residential Pending Properties Listing ID Address

City

4018085 4778 S Biloxi WAY

Aurora

Bds

Bths

Abv

Ttl

Fin

Pending

PSF Abv

PSF Ttl

5

4

3,318

4,586

3,318

04/26/22

$226

$164

$226

Averages:

3,318

4,586

3,318

$226

$164

$226

Count: 1

High $750,000

List Price:

Low $750,000

PSF Fin DIM Orig Price

5 5

List Price

750,000

$750,000

$750,000

$750,000

Median $750,000

Closed Properties Listing ID Address

City

9034002 4869 S Biloxi WAY

Aurora Count: 1

Bds

Bths

Abv

Ttl

Fin

Close

PSF Abv

PSF Ttl

3

3

2,020

2,857

2,020

04/06/22

$327

$231

$327

Averages:

2,020

2,857

2,020

$327

$231

$327

Closed Price:

Report Totals

Presented By: Holly Vogel Generated on: 05/06/2022

Count : 2

Averages:

High $660,000

SqFt Abv 2,669

SqFt Ttl 3,722

Low $660,000 Sqft Fin 2,669

PSF Abv $ 276

PSF Fin DIM Orig Price

3 3

List Price Close Price

CP/OLP

570,000

$570,000 $660,000

116%

$570,000

$570,000 $660,000

116%

Orig Price $660,000

List Price Close Price $660,000 $660,000

CP/OLP 116 %

Median $660,000 PSF Ttl

$197

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

PSF Fin $276

CMA 1-Line Page 1 of 1


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