Market Analysis For Derek

Page 1

at Keller Williams Integrity




























This search was narrowed to a specific set of Properties. Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 05/21/2022 to 11/22/2021 Property Sub Type is 'Condominium' Latitude, Longitude is within 0.25 mi of 3600 S Pierce St Apt 5-105, Lakewood, CO 80235, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*'

Residential Active Properties Listing ID Address

City

8642357 3600 S Pierce ST #103, Bldg 5

Lakewood

Bds

Bths

Abv

Ttl

Fin

List

PSF Abv

PSF Ttl

2

2

1,024

1,024

1,024

05/20/22

$327

$327

$327

1

335,000

$335,000

Averages:

1,024

1,024

1,024

$327

$327

$327

1

$335,000

$335,000

PSF Fin DIM Orig Price

List Price

Count: 1

High $335,000

List Price:

Low $335,000

PSF Fin DIM Orig Price

List Price

Median $335,000

Pending Properties Listing ID Address

City

2056972 3600 S Pierce ST #4-105

Lakewood

Bds

Bths

Abv

Ttl

Fin

Pending

PSF Abv

PSF Ttl

2

2

931

931

931

03/14/22

$314

$314

$314

Averages:

931

931

931

$314

$314

$314

Count: 1

High $292,500

List Price:

Low $292,500

4 4

292,500

$292,500

$292,500

$292,500

Median $292,500

Closed Properties Listing ID Address

City

Bds

Bths

Abv

Ttl

Fin

Close

PSF Abv

PSF Ttl

4890430 3600 S Pierce ST #2-304

Lakewood

2

2

905

905

905

02/18/22

$326

$326

$326

3956433 3600 S Pierce ST #2-102

Lakewood

2

2

1,024

1,024

1,024

02/10/22

$293

$293

9261561 3600 S Pierce ST #2-107, Bldg 2 7583734 3600 S Pierce ST #3-107

Lakewood

2

2

1,024

1,024

1,024

01/04/22

$303

Lakewood

2

2

1,024

1,024

1,024

04/18/22

2632474 3600 S Pierce ST #7-204

Lakewood

2

2

1,091

1,091

1,091

4563105 3600 S Pierce ST #102, Bldg 2

Lakewood

2

2

1,024

1,024

1,024

Averages:

1,015

1,015

1,015

Count: 6

Closed Price:

Report Totals

Presented By: Jonathan Casillas Generated on: 05/21/2022

Count : 8

Averages:

High $350,000

SqFt Abv 1,006

SqFt Ttl 1,006

List Price Close Price

CP/OLP

3

285,000

$285,000 $295,000

104%

$293

1

297,500

$297,500 $300,000

101%

$303

$303

13

310,000

$310,000 $310,000

100%

$325

$325

$325

3

310,000

$310,000 $333,000

107%

02/11/22

$319

$319

$319

5

315,000

$315,000 $348,000

110%

05/06/22

$342

$342

$342

6

339,000

$339,000 $350,000

103%

$318

$318

$318

5

$309,417

$309,417 $322,667

104%

Orig Price $310,500

List Price Close Price $310,500 $322,667

CP/OLP 104 %

Low $295,000 Sqft Fin 1,006

PSF Abv $ 319

PSF Fin DIM Orig Price

Median $321,500 PSF Ttl

$319

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

PSF Fin $319

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.


Results That MOVE You

720.208.7200 TheBarticGroup.com A Veteran Owned Business


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.