Market Analysis for Mary

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 06/01/2022 to 12/03/2021 Property Sub Type is 'Single Family Residence' Levels is 'Two' Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' Latitude, Longitude is around 39.88, -104.95

Residential Pending Properties Listing ID Address

City

9417896 10119 Garfield ST

Thornton

Bds

5

Count: 1

Bths

Abv

Ttl

Fin

Pending

PSF Abv

PSF Ttl

4

2,398

3,366

3,270

04/25/22

$288

$205

$211

Averages:

2,398

3,366

3,270

$288

$205

$211

High $690,000

List Price:

Low $690,000

PSF Fin DIM Orig Price

5 5

List Price

690,000

$690,000

$690,000

$690,000

Median $690,000

Closed Properties Listing ID Address

City

Bds

Bths

8826332 3361 E 102nd CT 5327469 3522 E 101st AVE

Thornton

4

Thornton

4

2484519 3540 E 102nd AVE

Thornton

5

Count: 3

Fin

Close

PSF Abv

PSF Ttl

3,172

2,113

01/10/22

$271

$180

$271

6

2,996

2,603

04/20/22

$346

$225

$259

2

2,616

3,960

3,825

05/16/22

$270

$178

$185

2,227

3,376

2,847

$295

$195

$238

1 3

Abv

Ttl

3

2,113

4

1,953

4 Averages:

Closed Price:

Report Totals

Presented By: Jonathan Casillas Generated on: 06/01/2022

Count : 4

Averages:

High $706,500

SqFt Abv 2,270

SqFt Ttl 3,374

Low $572,000 Sqft Fin 2,953

PSF Abv $ 294

PSF Fin DIM Orig Price

List Price Close Price

CP/OLP

535,000

$535,000 $572,000

107%

600,000

$600,000 $675,000

113%

650,000

$650,000 $706,500

109%

$595,000

$595,000 $651,167

109%

Orig Price $618,750

List Price Close Price $618,750 $651,167

CP/OLP 109 %

Median $675,000 PSF Ttl

$197

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

PSF Fin $231

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


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