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Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 03/30/2022 to 10/01/2021 Property Sub Type is 'Single Family Residence' Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' Comparable Listing YN is no Latitude, Longitude is within 0.25 mi of 3035 Kearney St, Denver, CO 80207, USA, is around 39.76, -104.92 17 Properties have been discarded.
Residential Active Properties Listing ID Address
City
Bds
Bths
Abv
Ttl
Fin
List
PSF Abv
PSF Ttl
5601393 3010 Locust ST
Denver
4
2
779
1,558
1,558
03/13/22
$807
$404
$404
1521750 3085 Kearney ST
Denver
4
3
1,051
1,893
1,893
03/09/22
$714
$396
$396
Averages:
915
1,726
1,726
$761
$400
$400
Count: 2
High $750,000
List Price:
Low $629,000
PSF Fin DIM Orig Price
List Price
17
639,000
$629,000
21 19
750,000
$750,000
$694,500
$689,500
Median $689,500
Closed Properties Bds
Bths
Abv
Ttl
Fin
Close
PSF Abv
PSF Ttl
Denver
3
2
993
993
993
02/08/22
$619
$619
$619
4764407 3055 Jasmine ST
Denver
3
2
1,053
2,106
1,885
02/22/22
$617
$309
6684070 2894 Holly ST
Denver
3
2
963
1,912
1,711
10/06/21
$720
Averages:
1,003
1,670
1,530
$652
Listing ID Address
City
6183287 3050 Holly ST
Count: 3
Closed Price:
Report Totals
Presented By: Genesis Cobb Generated on: 03/30/2022
Count : 5
Averages:
High $693,000
SqFt Abv 968
SqFt Ttl 1,692
PSF Abv $ 695
List Price Close Price
CP/OLP
3
550,000
$550,000 $615,000
112%
$345
3
510,000
$510,000 $650,000
127%
$362
$405
$635,000 $693,000
109%
$456
2 3
635,000
$430
$565,000
$565,000 $652,667
116%
Orig Price $616,800
List Price Close Price $614,800 $652,667
CP/OLP 116 %
Low $615,000 Sqft Fin 1,608
PSF Fin DIM Orig Price
Median $650,000 PSF Ttl
$418
All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com
PSF Fin $434
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
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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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