Comparable market analysis
Comparable listings are pulled and presented to give a thorough picture of the current market.
market review
ACTIVE LISTINGS
PENDING LISTINGS
SOLD LISTINGS
COMING SOON
CUSTOMIZED MARKETING STRATEGY
Gina and Kara specifically craft marketing strategies for your home, tailoring their approach to meet buyers needs.
gina and kara’s action plan
SELLING WITH GINA AND KARA
Learn more about this dynamic mother-daughter team, and the unique real estate experience they offer.
table of contents ginaandkara.com
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Specifically Crafted for Your Home
market analysis and marketing strategy
With over 4 decades of combined real estate background, Gina and Kara are a dynamic mother-daughter team who offer a unique real estate experience, blending exceptional concierge-level service with intimate market knowledge.
Distinguished by honesty, integrity, and expertise at connecting buyers and sellers to achieve their real estate goals, Gina and Kara successfully navigate a wide spectrum of complex transactions, accomplishing the best results for every client, regardless of market and price point.
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CURRENT MARKET REVIEW
The active inventory experienced a steady growth of 3.8%, reaching a total of 6,151 units currently available for sale. This increase in inventory presents new opportunities for both buyers and sellers in the market. An unexpected uptick of 4.6% was observed in pending transactions, with an impressive 923 units going under contract. This surge indicates a robust level of buyer interest and engagement. Despite the changes in inventory and transactions, the months of inventory remained steady at 1.5 months. This metric suggests a market that still favors the seller.
*Counties Surveyed: Douglas, Arapahoe, Adams, Denver, Broomfield, Elbert, and Je erson
FEBRUARY 1ST-7TH, 2023
14,874 total showings
1.8% Week Over Week
3,927 active units
-4.6% Week Over Week
478 closed units
5.0% Week Over Week
0.9 SUPPLY IN MONTHS
-14.1% Week Over Week
1,025 pending units
11.1% Week Over Week
16 MEDIAN DOM
-20 0% Week Over Week
AUGUST 16TH-22ND, 2023
12,616 total showings
0.5% Week Over Week
6,151 active units
3.8% Week Over Week
767 closed units
8.0% Week Over Week
1.5 SUPPLY IN MONTHS
-0.8% Week Over Week
923 pending units
4.6% Week Over Week
12 MEDIAN DOM
-14 3% Week Over Week
Active Listings
COMPARABLE MARKET ANALYSIS
PREPARED BY GINA AND KARA
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ACTIVE LISTINGS
4 RANDOM ROAD
Address List Date Orig. List Price Current List Price BR/BA SqFt PSF Lot Size Year Built Days On Mkt % of Orig. List 21 Cherry Lane Dr 8/16/23 $4,760,000 $4,760,000 5/4 4468 1065 1.6 1955 7 100% 4545 S Monroe Ln 3/1/23 $7,800,000 $6,200,000 5/4 3675 1687 5.48 1959 175 79% 17 Mockingbird Ln 8/17/23 $6,480,000 $6,480,000 5/6 5750 1127 1.88 1985 6 100% 4480 S Holly St 8/9/23 $6,950,000 $6,950,000 7/10 6786 1024 2.06 2022 14 100% 4 Haystack Row 8/17/23 $7,750,000 $7,750,000 8/12 8384 924 2.31 2005 2.31 100% 4000 S Colorado Blvd 7/13/22 $11,100,000 $11,100,000 5/8 7277 1525 3.26 2006 406 100% 3 Churchill Dr 8/17/23 $13,950,000 $13,950,000 5/12 13955 1000 2.69 2007 6 100% 20 Cherry Hills Dr* 8/4/23 $18,500,000 $18,500,000 8/14 15226 1215 2.10 1993 19 100% Average $9,661,250 $9,461,250 8190 1196 2.67 79 97% *Our Listing LAND Address List Date Orig. List Price Current List Price Lot Size Days On Mkt % of Orig. List 1600 E Quincy Ave 2/22/23 $4,100,000 $3,700,000 2.22 182 90% 4900 S El Camino Dr 2/9/23 $3,750,000 $3,750,000 2.26 170 100% Average $3,925,000 $3,725,000 2.24 176 95%
Pending Listings
COMPARABLE MARKET ANALYSIS
PREPARED BY GINA AND KARA7
4 RANDOM ROAD
PENDING LISTINGS
Address List Date Orig. List Price Current List Price BR/BA SqFt PSF Lot Size Year Built Days On Mkt 1 Random Rd 2/15/23 $3,500,000 $3,499,000 8/7 8194 427 1.75 1946 116 8 Blackmer Rd 7/26/23 $4,850,000 $4,850,000 9/13 9514 510 2.58 2000 4 6 Sunrise Dr 11/17/22 $7,750,000 $5,980,000 7/11 7640 783 2.87 1980 247 4 Village Rd 7/19/23 $6,400,000 $6,400,000 7/11 10206 627 2.23 2007 6 Average $5,625,000 $5,182,250 8889 587 2.36 93 LAND Address List Date Orig. List Price Current List Price Lot Size Days On Mkt 4970 S Fairfax St* 3/2/23 $4,750,000 $4,500,000 4.14 136 Average $4,750,000 $4,500,000 4.14 136 *Also Sold
Sold Listings
COMPARABLE MARKET ANALYSIS
PREPARED BY GINA AND KARA
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SOLDS
4 RANDOM ROAD
Address List Date Orig. List Price Date Sold Sales Price BR/BA SqFt PSF Lot Size Year Built Days On Mkt % of Orig. List 1620 E Layton Dr 7/8/22 $5,725,000 2/8/23 $5,538,000 4/7 8896 623 2.58 1980 204 97% 17 Mockingbird Ln 1/25/23 $5,785,000 2/27/23 $6,000,000 5/5 5750 1043 1.88 1985 8 104% 5701 E Stanford Dr 6/22/23 $6,995,000 8/10/23 $7,250,000 8/9 8709 832 2.17 1995 3 104% 9 Cherry Hills Farm Ct 7/7/22 $10,100,000 6/21/23 $7,900,000 5/11 10426 758 1.8 1984 281 78% 37 Sunset Dr* 10/6/22 $8,900,000 2/22/23 $8,000,000 5/9 7608 1052 1.79 1967 112 90% 14 Sandy Lake Rd 6/16/23 $8,262,000 6/16/23 $8,262,000 6/8 7295 1133 2.39 2003 0 100% 1010 E Stanford Ave 6/9/23 $7,000,000 6/23/23 $8,500,000 7/9 8493 1001 1.38 2006 4 121% 1701 E Tufts Ave** 5/17/23 $8,500,000 6/12/23 $9,050,000 6/10 7824 1157 2.39 2005 3 106% Average $7,658,375 $7,562,500 8125 950 2.05 77 100% *Our Buyer and Listing/Seller **Our Buyer LAND Address List Date Orig. List Price Date Sold Sales Price Lot Size Days On Mkt % of Orig. List 80 Meade Ln* 1/4/21 $3,150,000 1/27/21 $3,150,000 2.25 3 100% 6 Tamarac Ln 10/12/22 $3,475,000 11/19/22 $3,275,000 2.86 28 94% 1 Tamarac Ln 1/5/23 $3,325,000 1/5/23 $3,325,000 2.47 0 100% 4970 S Fairfax St** 6/8/22 $4,250,000 10/5/22 $3,525,000 4.14 90 83%
Address List Date Orig. List Price Date Sold Sales Price Lot Size Days On Mkt % of Orig. List 3 Tamarac Ln*** 4/22/22 $4,395,000 1/31/23 $3,900,000 2.67 92 89% 90 Meade Ln 5/26/23 $3,650,000 8/10/23 $4,025,000 2.28 7 110% 15 Cherry Hills Dr 2/1/23 $3,950,000 2/10/23 $4,750,000 2.38 3 120% 10 Sunset Dr 3/2/23 $6,250,000 7/7/23 $6,250,000 4.48 113 100% Average $4,055,625 $4,025,000 2.94 42 100% *Our Buyer and Listing/Seller **Also Pending ***Our Listing/Seller
MARKETING STRATEGY 16
TOURS, SHOWINGS
Kentwood offices tour the property.
Your property will also be toured by Luxury Home Tour Colorado , an exclusive group of local brokers who showcase luxury listings.
Showings will be scheduled and recorded, and you will receive frequent communication including feedback and market updates.
CONTRACT NEGOTIATIONS, CLOSING
Gina and Kara will present you with all Offers, advise you on price and terms, and expertly negotiate on your behalf.
Once the property is pending, you will be continually updated with Contract deadlines and requirements, in order to progress towards a successful Closing.
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Selling with Gina and Kara
Broker bio’s and processes
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Gina has a proven track record and consistently ranks in the top 5 agents in Metro Denver and has been the number one agent at Kentwood Real Estate for the last 10 years, with over $1 billion in sales over the last two decades.
Gina has represented some of Denver’s most discriminating buyers and sellers and has sold some of the finest properties in the Metro area. She is results oriented with a high level of service, a persistent work ethic and a relentless commitment to her clients. She has an intimate knowledge of the real estate market and negotiates on behalf of her client’s and their best interests.
honored
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as number one
As Counselor, Advisor, Negotiator, and Savvy Real Estate Broker, Gina will ensure that your buying or selling process is smooth sailing from start to finish. GINA LORENZEN gina@kentwood.com 303.570.2042 21
Kara offers exceptional service for a wide range of properties, with over a decade of experience in both Denver and Chicago. Before her family moved back to Denver last year, Kara was recognized as one of Chicago’s Fastest Growing Agents of 2022 with over $10 million in sales production.
As a Denver native, Kara comes from a successful, multi-vertical real estate family and holds an in-depth knowledge of the Denver market. Kara prides herself on her honesty, loyalty and confidentiality, which sets her relationships with her clients above all else.
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dedicated and knowledgable
With a Calm Demeanor and Rational Approach, Kara ensures her clients feel supported throughout the transaction and beyond. kara couzens kara kcouzens@kentwood.com 303.518.4258 23
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