Mike Mueller's Market Analysis

Page 1

at Keller Williams Integrity


Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Littleton, CO

This week the median list price for Littleton, CO is $749,900 with the market action index hovering around 78. This is less than last month's market action index of 87. Inventory has increased to 260.

Real-Time Market Profile Median List Price

$749,900

Market Action Index

Median Price of New Listings

$720,000

This answers “How’s the Market?” by comparing rate of sales versus

Per Square Foot

$278

Average Days on Market

26

Median Days on Market

14

Price Decreased

33%

Price Increased

3%

Relisted

3%

Inventory

260

Median Rent

$2,838

Market Action

78

inventory. 50

40

Buyer's Market

60

Seller's Market

70

100

10 0

on

78

90

M

ay Tod th

Las t

80

20

30

Strong Seller's Market The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Strong Seller's Market

Market Segments Each segment below represents approximately 25% of the market ordered by price. Median Price

Sq. Ft.

Lot Size

Beds

Bath

Age

New

Absorbed

DOM

$1,350,000

4,722

0.25 - 0.5 acre

5

4

20

14

5

21

$829,000

3,481

6,500 - 8,000 sqft

4

3

24

22

10

14

$695,000

2,520

6,500 - 8,000 sqft

4

3

40

12

9

14

$585,000

1,978

6,500 - 8,000 sqft

3

2

44

25

21

7

Fri Jul 01 2022

2 of 6


Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Littleton, CO

Median List Price

Despite this week’s down tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift. $1.1M

$1.0M

$900K

$800K

$700K

$600K

$500K Jul 2019

Nov 2019

Mar 2020

Jul 2020

Nov 2020

7-Day Average

Mar 2021

Jul 2021

Nov 2021

Mar 2022

Jun 2022

90-Day Average

Segments

Prices at the upper end of the market have been showing weakness. While there is enough demand in the low end (Quartiles 3 and 4) to keep prices flat, unless there is a persistent up-shift in the Market Action Index, the entire market may resume a down trend soon. $4.0M

$3.0M

$2.0M

$1.0M

$0 Jul 2019

Nov 2019

Mar 2020

Top 90-Day

Jul 2020

Nov 2020

Upper 90-Day

Mar 2021

Lower 90-Day

Fri Jul 01 2022

Jul 2021

Nov 2021

Mar 2022

Jun 2022

Bottom 90-Day

3 of 6


Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Littleton, CO

Price Per Square Foot

The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels. $350

$300

$250

$200

$150 Jul 2019

Nov 2019

Mar 2020

Jul 2020

Nov 2020

7-Day Average

Mar 2021

Jul 2021

Nov 2021

Mar 2022

Jun 2022

90-Day Average

Inventory

Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply. 400

300

200

100

0 Jul 2019

Nov 2019

Mar 2020

Jul 2020

Nov 2020

7-Day Average

Mar 2021

Jul 2021

Nov 2021

Mar 2022

Jun 2022

90-Day Average

Fri Jul 01 2022

4 of 6


Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Littleton, CO

Market Action Index

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices. 120

100

80

60

40

20 Jul 2019

Nov 2019

Mar 2020

Jul 2020

Nov 2020

7-Day Average

Mar 2021

Jul 2021

Nov 2021

Mar 2022

Jun 2022

90-Day Average

Market Action Segments

Not surprisingly, 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 Jul 2019

Nov 2019

Mar 2020

Top 90-Day

Jul 2020

Nov 2020

Upper 90-Day

Mar 2021

Lower 90-Day

Fri Jul 01 2022

Jul 2021

Nov 2021

Mar 2022

Jun 2022

Bottom 90-Day

5 of 6


Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Littleton, CO

Median Days on Market (DOM)

The properties have been on the market for an average of 28 days. Half of the listings have come newly on the market in the past 9 or so days. Watch the 90-day DOM trend for signals of a changing market. 100

80

60

40

20

0 Jul 2019

Nov 2019

Mar 2020

Jul 2020

Nov 2020

7-Day Average

Mar 2021

Jul 2021

Nov 2021

Mar 2022

Jun 2022

90-Day Average

Segments

It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles. 200

150

100

50

0 Jul 2019

Nov 2019

Mar 2020

Top 90-Day

Jul 2020

Nov 2020

Upper 90-Day

Mar 2021

Lower 90-Day

Fri Jul 01 2022

Jul 2021

Nov 2021

Mar 2022

Jun 2022

Bottom 90-Day

6 of 6


6730 S Holland Way, Littleton, CO 80128-4024, Jefferson County APN: 165564

CLIP: 2891559278

MLS Beds 3

MLS Full Baths 2

Half Baths N/A

MLS Sale Price $206,000

MLS Sq Ft 522

Lot Sq Ft 653

Yr Built 1982

Type TH/RH

MLS Sale Date 07/14/2015

OWNER INFORMATION

Owner Name

Mueller Michael

Mailing City & State

Englewood, CO

Mailing Address

303 W Lebow Ave #23

Mailing Zip

80110

Property Zip

80128

Census Tract

120.47

Property Zip4

4024

Neighborhood Code

Dutch Ridge-4912

Property Carrier Route

C044

Township

05

School District

Jefferson County R-1

Range

69

Elementary School

Stony Creek

Section

27

Middle School

Deer Creek

Quarter

NW

High School

Chatfield

Block

1

Subdivision

Dutch Ridge Flg 1 Ext Sur 1

Lot

19

Zoning

P-D

LOCATION INFORMATION

TAX INFORMATION

PIN

165564

% Improved

78%

Alternate PIN

59-272-01-062

Tax District

4433

Schedule Number

165564

Legal Description

SECTION 27 TOWNSHIP 05 RANG E 69 QTR NW SUBDIVISIONCD 214 000 SUBDIVISIONNAME DUTCH RI DGE FLG NO 1 EX SUR NO 1 BLO CK 001 LOT 0019 TRACT

ASSESSMENT & TAX

Assessment Year

2021

2020

2019

Market Value - Land

$60,000

$60,000

$60,000

Market Value - Improved

$218,321

$209,911

$209,911

Market Value - Total

$278,321

$269,911

$269,911

Assessed Value - Land

$4,290

$4,290

$4,290

Assessed Value - Improved

$15,610

$15,009

$15,009

Assessed Value - Total

$19,900

$19,299

$19,299

YOY Assessed Change (%)

3.11%

0%

YOY Assessed Change ($)

$601

$0

Tax Year

Total Tax

Change ($)

Change (%)

2019

$2,128

2020

$1,891

-$237

-11.15%

2021

$1,954

$63

3.35%

CHARACTERISTICS

Lot Acres

0.015

# Buildings

1

Lot Sq Ft

653

Bedrooms

3

Land Use - CoreLogic

Townhouse/Rowhouse

Baths - Total

2

Building Type

Townhouse

MLS Total Baths

2

Style

Townhouse

Baths - Full

2

Year Built

1982

Stories

2

Bldg Sq Ft - Above Ground

1,073

Heat Type

Forced Air

Bldg Sq Ft - Basement

522

Construction

Wood

Bldg Sq Ft - Finished Basement

522

Pool

Pool

Bldg Sq Ft - Finished

Tax: 1,073 MLS: 522

Water

Type Unknown

Bldg Sq Ft - 1st Floor

522

Sewer

Type Unknown

Bldg Sq Ft - 2nd Floor

551

Quality

Average

Basement Type

Tax: Finished MLS: Slab

FEATURES

Property Details

Courtesy of Mitch Helfer, REcolorado

The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.

Generated on: 07/01/22 Page 1/3


Feature Type

Size/Qty

Basement Total

522

Second Floor

551

First Floor

522

SELL SCORE

Rating

Low

Sell Score

495

Value As Of

2022-06-26 04:00:26

LISTING INFORMATION

MLS Listing Id

7058922

MLS Close Price

$206,000

MLS Days On Market

2

MLS Listing Contract Date

06/12/2015

MLS Source

REcolorado

MLS Close Date

07/14/2015

MLS Status

Closed

MLS List Office Name

BROKERS GUILD CHERRY CREE K LTD

MLS Status Change Date

07/15/2015

MLS List Agent Full Name

03012n-Steve Shields

MLS Current Price

$195,000

MLS Buyer Agent Full Name

04654q-Jonathan Benecke

MLS Original List Price

$195,000

MLS Buyer Office Name

360DWELLINGS REAL ESTATE

Sale Date

07/14/2015

Deed Type

Warranty Deed

Sale Price

$206,000

Owner Name

Mueller Michael

Price per SqFt - Finished

$191.99

Seller

Woodin Vernon E III & Denise A

Document Number

73565

LAST MARKET SALE & SALES HISTORY

Sale Date

07/14/2015

Sale Price

$206,000

Nominal

12/06/2007

01/27/2005

11/26/1997

07/29/1992

$153,000

$92,000

$61,500

Woodin Vernon E III & Denise A

Woodin Vernon E III

Cichosz Lara M

Montoya Marie E

Y

Buyer

Mueller Michael

Buyer

Woodin Denise A

Palenik Denise A

Seller

Woodin Vernon E III & Denise A

Woodin Vernon E III & Denise A

Cichosz Clara M

Montoya Marie E

Napoli Matthew Louis

Document Number

73565

4011

F2169357

F0518055

92094287

Document Type

Warranty Deed

Quit Claim Deed

Warranty Deed

Warranty Deed

Warranty Deed

Title Company

Homestead Title & Esc row

Cherry Creek Title

Guardian Title Co.

Land Title Insurance C o.

Mortgage Date

07/15/2015

02/12/2014

01/14/2008

02/07/2005

02/07/2005

Mortgage Amount

$185,400

$152,382

$160,000

$122,400

$30,600

Mortgage Lender

Wr Starkey Mtg Llp

New Penn Fin'l LLC

Wells Fargo Bk Na

Harvard Mtg Grp Inc

National Cty Bk

Borrower

Mueller Michael

Woodin Vernon E III

Woodin Vernon E III

Woodin Vernon E III

Woodin Vernon E III

Woodin Denise A

Woodin Denise A

Palenik Denise A

Palenik Denise A

MORTGAGE HISTORY

Borrower Mortgage Type

Conventional

Conventional

Conventional

Conventional

Conventional

Mortgage Purpose

Resale

Refi

Nominal

Resale

Resale

Mortgage Int Rate

5.375

Mortgage Int Rate Type

Adjustable Int Rate Loa n

Fixed Rate Loan

Mortgage Term

30

25

30

30

20

Mortgage Term

Years

Years

Years

Years

Years

Title Company

Chicago Title Co

Mortgage Date

03/31/2003

12/03/1997

Mortgage Amount

$110,635

$90,950

Mortgage Lender

American Mtg Network Inc

American Wstrn Mtg/Co

Borrower

Cichosz Clara M

Cichosz Lara M

Mortgage Type

Fha

Fha

Mortgage Purpose

Refi

Resale

Mortgage Int Rate

6

Mortgage Int Rate Type

Fixed Rate Loan

Mortgage Term

30

Mortgage Term

Years

Borrower

Title Company Property Details

Courtesy of Mitch Helfer, REcolorado

The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.

Generated on: 07/01/22 Page 2/3


PROPERTY MAP

*Lot Dimensions are Estimated

Property Details

Courtesy of Mitch Helfer, REcolorado

The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.

Generated on: 07/01/22 Page 3/3


Map of Property Locations

9442 W Ontario Drive, Littleton, CO 80128 Listing Id: 3584955 Status: Closed 06/21/22 Price: $430,000 1 Subtype: MLF Ttl SqFt: 1,595 Bd/Bth: 2/2 Show #: 888-808-0331 6738 S Independence Street, Littleton, CO 80128 Listing Id: 2653280 Status: Closed 05/13/22 Price: $408,000 3 Subtype: MLF Ttl SqFt: 1,595 Bd/Bth: 3/2 Show #: 800-746-9464

6712 S Holland Way, Littleton, CO Listing Id: Status: Price: Subtype: 2 Ttl SqFt: Bd/Bth: Show #:

80128 7883859 Closed 01/21/22 $372,000 MLF 1,595 3/2 303-573-7469


Broker 1 Page 9442 W Ontario Drive, Littleton, CO 80128 (Status: Closed, Listing ID: 3584955) Close Price: $430,000 County: Jefferson List Price: $408,000 Property Type: Residential Original List Price: $408,000 Property Subtype: Multi-Family Levels: Three Or More Basement: Yes Structure Type: Townhouse Year Built: 1983 Subdivision Name: Dutch Ridge Listing Contract Date: 05/26/2022 Purchase Contract Date: 05/29/2022 Contingency: None Known Close Date (DIM): 06/21/2022 Days In MLS: 3 Association: Y Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $3,000.00 Tax Annual Amt: $1,954 Tax Year: 2020 Tax Legal Desc: SECTION 27 TOWNSHIP 05 RANGE 69 QTR NW SUBDIVISIONCD 214200 SUBDIVISIONNAME DUTCH RIDGE FLG NO 2 BLOCK 002 LOT 0034 TRACT Interior Area & SqFt Building Area Total (SqFt Total): 1,595 Living Area (SqFt Finished): 1,438 Above Grade Finished Area: 1,073 Below Grade Total Area: 522 Below Grade Finished Area: 365 Below Grade Unfinished Area: 157 PSF Total: $270 PSF Finished: $299 PSF Above Grade: $401 Basement: Daylight, Exterior Entry, Finished, Full, Bsmnt Ceiling Ht: Walk-Out Access Foundation: Fireplace: 1/Living Room, Wood Burning Heating: Forced Air, Natural Gas Cooling: Attic Fan, Central Air, Other HVAC Description: Interior Features: Ceiling Fan(s), Granite Counters, Laminate Counters, Pantry, Smoke Free, Vaulted Ceiling(s) Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer Flooring: Carpet, Linoleum, Tile, Wood Exclusions: Curtains- Gray in the basement and gray in the living room, Chest Freezer in basement. Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 2 Baths Full: 1 Baths Three Quarter: 1 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 1 Garage Spaces: 0 Offstreet Spaces: 0 Carport Spaces: 0 Reserved Spaces: 1 RV Spaces: 0 Association Information Assoc 1 Fee/Frequency: $250.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Trash, Water Assoc Amenities: Pool Senior Community: No Restriction Covenants: Pets Allowed: Rentals Allowed: Site & Location Information Lot Features: Greenbelt, Open Space Elementary School: Stony Creek / Jefferson County R-1 Bldg/Complex Name: Middle/Junior Sch: Deer Creek / Jefferson County R-1 High School: Chatfield / Jefferson County R-1 Building & Water Information Entry Level/Loc: Ground Common Walls: No One Above, No One Below Direction Faces: East View: Meadow, Mountain(s) Construction Materials: Frame, Wood Siding Roof: Composition Exterior Features: Balcony Water Included: Water Source: Public Sewer: Public Sewer Public Remarks Fantastic Foothills Townhouse – Littleton Those seeking a blend of mountain and city living need look no further. This updated spacious 2-bed, 2-bath townhouse nestled along the foothills offers what beautiful Colorado is known for. Enjoy picturesque mountain views, miles of nearby recreation trails, close proximity to Chatfield Reservoir, Chatfield State Park and the world-renowned Red Rocks Amp... Confidential Information Private Remarks: Please send all correspondence to Michelle.Lopez@cbrealty.com. Contract Preparation Guide for offer details can be found in supplements. Agent is CTM eContracts user. Buyer and Buyer's agent are to verify SQF, all HOA information, schools, property information and MLS information. Please contact listing agent for possession and Post Closing details. Enjoy the showing!! Buyer Agency Comp: 2.8% Dual Variable: Yes Submitted Prosp: No Transaction Broker Comp: 2.8%

List Agent: Michelle Lopez List Office: Coldwell Banker Realty 54 Email:

michelle.lopez@coloradohomes.com

Buyer Agent: Shannon Byerly Buyer Office: Coldwell Banker Realty 18 Email:

shannon@yourfreshstartrealtor.com

Concessions: No Buyer Financing: Conventional

List Agent Phone: 303-619-6287 Mobile: 303-619-6287 Buyer Agent Phone: 303-919-2611 Mobile: 303-919-2611 Close Information

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 07/01/2022 11:18:21 AM


Full Property View

9442 W Ontario Drive, Littleton, CO 80128

----

$430,000 - Closed

Directions for a virtual tour of property. Front of Home

Front of Home 2

Front of Home 3

Back of Home

Back of Home 2

Back of Home 3

Deck

Deck 2

Deck Views

Deck Views 2

Deck Views 3

Deck Views 4

Kitchen

Kitchen 2

Kitchen 3

Kitchen 4

Dining Room


6712 S Holland Way, Littleton, CO 80128 (Status: Closed, Listing ID: 7883859) Close Price: $372,000 County: Jefferson List Price: $365,000 Property Type: Residential Original List Price: $365,000 Property Subtype: Multi-Family Levels: Two Basement: Yes Structure Type: Townhouse Year Built: 1982 Subdivision Name: Dutch Ridge Listing Contract Date: 12/16/2021 Purchase Contract Date: 12/20/2021 Contingency: None Known Close Date (DIM): 01/21/2022 Days In MLS: 4 Association: Y Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $3,000.00 Tax Annual Amt: $1,939 Tax Year: 2020 Tax Legal Desc: SECTION 27 TOWNSHIP 05 RANGE 69 QTR NW SUBDIVISIONCD 214000 SUBDIVISIONNAME DUTCH RIDGE FLG NO 1 EX SUR NO 1 BLOCK 001 LOT 0004 TRACT Interior Area & SqFt Building Area Total (SqFt Total): 1,595 Living Area (SqFt Finished): 1,486 Above Grade Finished Area: 1,073 Below Grade Total Area: 522 Below Grade Finished Area: 413 Below Grade Unfinished Area: 109 PSF Total: $233 PSF Finished: $250 PSF Above Grade: $347 Basement: Finished, Full, Walk-Out Access Bsmnt Ceiling Ht: Foundation: Slab Fireplace: 0 Heating: Forced Air, Natural Gas Cooling: Attic Fan, Central Air HVAC Description: Interior Features: Ceiling Fan(s), Open Floorplan, Vaulted Ceiling(s) Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer Flooring: Carpet, Laminate, Tile Exclusions: Personal Property Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 2 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 3 Garage Spaces: 0 Offstreet Spaces: 2 Carport Spaces: 0 Reserved Spaces: 1 RV Spaces: 0 Association Information Assoc 1 Fee/Frequency: $250.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Insurance, Maintenance Grounds, Snow Removal, Trash, Water Assoc Amenities: Pool Senior Community: No Restriction Covenants: Pets Allowed: Number Limit Rentals Allowed: Site & Location Information Lot Size: 0.02 Acres / 871 SqFt Waterfront Feat: Elementary School: Stony Creek / Jefferson County R-1 Bldg/Complex Name: Middle/Junior Sch: Deer Creek / Jefferson County R-1 High School: Chatfield / Jefferson County R-1 Building & Water Information Entry Level/Loc: Ground Common Walls: 2+ Common Walls Construction Materials: Frame Roof: Composition Exterior Features: Balcony Water Included: Water Source: Public Sewer: Public Sewer Public Remarks Great 3 bedroom, 2 bath Townhome with many updates. Kitchen has been newly updated to include new black stainless steel appliances, lighting, counters, and back splash. Bathrooms have been updated with custom tile. New Carpet. Newer Water Heater. Walk out Basement adds extra light and an updated bathroom. This home has it all and is in move in ready. All offers are due by Monday 9 AM (Accep... Confidential Information Private Remarks: HOA dues are $223.90 a month, the dues will increase to $250.00 Starting January 2022. Sewer is homeowner's responsibility, billed through the city of Littleton. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 2.8%

List Agent: Carol Hertel List Office: RE/MAX Professionals Email:

carol@coloradopeakteam.com

Buyer Agent: Lindsay Schulze Buyer Office: Coldwell Banker Realty 24 Email:

Lindsay.Schulze@Coloradohomes.com

Concessions: No Buyer Financing: FHA

List Agent Phone: 303-268-8800 Mobile: 303-949-0321 Buyer Agent Phone: 720-550-2282 Mobile: 720-550-2282 Close Information

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 07/01/2022 11:18:23 AM


6712 S Holland Way, Littleton, CO 80128

----

$372,000 - Closed


6738 S Independence Street, Littleton, CO 80128 (Status: Closed, Listing ID: 2653280) Close Price: $408,000 County: Jefferson List Price: $400,000 Property Type: Residential Original List Price: $400,000 Property Subtype: Multi-Family Levels: Two Basement: Yes Structure Type: Townhouse Year Built: 1983 Subdivision Name: Dutch Ridge Listing Contract Date: 04/13/2022 Purchase Contract Date: 04/18/2022 Contingency: None Known Close Date (DIM): 05/13/2022 Days In MLS: 5 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $3,000.00 Tax Annual Amt: $1,915 Tax Year: 2020 Tax Legal Desc: SECTION 27 TOWNSHIP 05 RANGE 69 QTR NW SUBDIVISIONCD 214400 SUBDIVISIONNAME DUTCH RIDGE FLG NO 3 BLOCK 001 LOT 0029 TRACT Interior Area & SqFt 1,595 Living Area (SqFt Finished): 1,543 Above Grade Finished Area: 1,073 522 Below Grade Finished Area: 470 Below Grade Unfinished Area: 52 $256 PSF Finished: $264 PSF Above Grade: $380 Bsmnt Ceiling Ht: Fireplace: 1/Living Room

Building Area Total (SqFt Total): Below Grade Total Area: PSF Total: Basement: Finished Foundation: Slab Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Built-in Features, Ceiling Fan(s), Entrance Foyer, High Speed Internet, Tile Counters, Vaulted Ceiling(s) Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer Flooring: Carpet, Laminate Furnished: Unfurnished Exclusions: Personal Property Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 2 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 1 Garage Spaces: 0 Offstreet Spaces: 1 Association Information Assoc 1 Fee/Frequency: $250.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Insurance, Maintenance Grounds, Maintenance Structure, Snow Removal, Trash, Water Assoc Amenities: Senior Community: No Restriction Covenants: Other Pets Allowed: Cats OK, Dogs OK Rentals Allowed: Site & Location Information Lot Size: 0.02 Acres / 871 SqFt Waterfront Feat: Lot Features: Landscaped Elementary School: Stony Creek / Jefferson County R-1 Bldg/Complex Name: Middle/Junior Sch: Deer Creek / Jefferson County R-1 High School: Chatfield / Jefferson County R-1 Building & Water Information Architectural Style: Urban Contemporary Entry Level/Loc: 1/Exterior Access Common Walls: 2+ Common Walls Construction Materials: Frame, Wood Siding Roof: Composition Exterior Features: Rain Gutters Water Included: Water Source: Public Sewer: Public Sewer Public Remarks Picturesque 2 story townhome just minutes from Route 121, shopping, restaurants, bike trails, Marston Lake, multiple parks, including Chatfield State Park, and the Denver Botanic Gardens! Step into the spacious living room and find a gorgeous stone fireplace to cozy up to in the cooler months. The kitchen looks out to the living room providing a seamless space between cooking and meal prep, and en... Confidential Information Private Remarks: NO WEEKEND DEADLINES. Should we receive any offers the offer deadline is Monday 4/18/2022 by 5pm the seller reserves the right to accept an offer at any point. Buyer and buyer's agent should verify all listing information, including but not limited to school information, taxes, HOA information & room dimensions. Please use ShowingTime (1-800-Showing) to schedule ALL showings. No overlapping showin Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8%

List Agent: Alexa Galindo List Office: Orchard Brokerage LLC Email:

alexa.galindo@orchard.com

Buyer Agent: Mark Jacobsma Buyer Office: LIV Sotheby's International Realty Email:

mjacobsma@livsir.com

Concessions: No Buyer Financing: FHA

List Agent Phone: 720-464-8486 Mobile: 720-464-8486 Buyer Agent Phone: 303-570-2244 Mobile: 303-570-2244 Close Information

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 07/01/2022 11:18:23 AM


6738 S Independence Street, Littleton, CO 80128

----

$408,000 - Closed

Exterior Front

Exterior Front

Exterior Front

Foyer - 1st Floor

Living Room - 1st Floor

Living Room - 1st Floor

Living Room - 1st Floor

Living Room/Dining Room - 1st Floor

Dining Room - 1st Floor

Kitchen - 1st Floor

Kitchen - 1st Floor

Kitchen - 1st Floor

Kitchen - 1st Floor

Primary Bedroom - 2nd Floor

Primary Bedroom - 2nd Floor

Primary Bedroom - 2nd Floor

Primary Bathroom - 2nd Floor

Bedroom - 2nd Floor


Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 07/01/2022 to 01/02/2022 Latitude, Longitude is within 0.25 mi of

6730 S Holland Way, Littleton, CO 80128, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*'

Residential Closed Properties Bds

Bths

Abv

Ttl

Fin

Close

PSF Abv

PSF Ttl

Littleton

3

2

1,073

1,595

1,486

01/21/22

$347

$233

$250

2653280 6738 S Independence ST

Littleton

3

2

1,073

1,595

1,543

05/13/22

$380

$256

3584955 9442 W Ontario DR

Littleton

2

2

1,073

1,595

1,438

06/21/22

$401

Averages:

1,073

1,595

1,489

$376

Listing ID Address

City

7883859 6712 S Holland WAY

Count: 3

Closed Price:

Report Totals

Presented By: Mitch Helfer Generated on: 07/01/2022

Count : 3

Averages:

High $430,000

SqFt Abv 1,073

SqFt Ttl 1,595

List Price Close Price

CP/OLP

4

365,000

$365,000 $372,000

102%

$264

5

400,000

$400,000 $408,000

102%

$270

$299

$408,000 $430,000

105%

$271

3 4

408,000

$253

$391,000

$391,000 $403,333

103%

Orig Price $391,000

List Price Close Price $391,000 $403,333

CP/OLP 103 %

Low $372,000 Sqft Fin 1,489

PSF Abv $ 376

PSF Fin DIM Orig Price

Median $408,000 PSF Ttl

$253

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

PSF Fin $271

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 first two weeks of marketing are crucial. 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)

Your best chance of selling your home is in the first two weeks of marketing. Your home is fresh 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 home will get the greatest flurry of attention and interest in the first two weeks. 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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