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Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 06/21/2022 to 12/23/2021 Property Sub Type is 'Single Family Residence' Latitude, Longitude is within 0.25 mi of 11540 W 27th Pl, Lakewood, CO 80215, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' 11 Properties have been discarded.
Residential Active Properties Listing ID Address
City
8930189 2659 Simms ST
Lakewood
Bds
4
Count: 1
Bths
Abv
Ttl
Fin
List
PSF Abv
PSF Ttl
3
1,669
3,167
3,069
06/16/22
$728
$384
$396
Averages:
1,669
3,167
3,069
$728
$384
$396
High $1,215,000
List Price:
Low $1,215,000
PSF Fin DIM Orig Price
5 1,215,000 5 $1,215,000
List Price
$1,215,000 $1,215,000
Median $1,215,000
Closed Properties Bds
Bths
Abv
Ttl
Fin
Close
PSF Abv
PSF Ttl
Lakewood
4
3
2,158
2,808
2,158
04/25/22
$452
$347
Lakewood
4
3
2,576
2,576
2,576
03/29/22
$384
6100847 11163 W 27th AVE
Lakewood
3
3
2,124
2,772
2,772
05/17/22
$469
7868717 11844 W 28th PL
Lakewood
4
3
1,886
2,897
2,590
05/20/22
Averages:
2,186
2,763
2,524
Listing ID Address
City
6704345 11843 W 27th DR IR960236 2796 Quail ST
Count: 4
Closed Price:
Report Totals
Presented By: Frances Sullivan Generated on: 06/21/2022
Count : 5
Averages:
High $1,150,000
SqFt Abv 2,083
SqFt Ttl 2,844
Sqft Fin 2,633
PSF Fin DIM Orig Price
List Price Close Price
CP/OLP
$452
4
875,000
$875,000 $975,000
111%
$384
4
825,000
$825,000 $990,000
120%
$360
$360
2
850,000
$850,000 $996,916
117%
$610
$397
$444
$915,000 $1,150,000
126%
$368
$410
1 3
915,000
$479
$866,250
$866,250 $1,027,979
119%
Orig Price $936,000
List Price Close Price $936,000 $1,027,979
CP/OLP 119 %
Low $975,000 PSF Abv $ 529
Median $993,458 PSF Ttl
$372
All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com
PSF Fin $407
CMA 1-Line Page 1 of 1
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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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3
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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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