Comparative Market Analysis for 13227 Holly St Unit B, Thornton, CO

Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 05/20/2022 to 11/21/2021 Property Sub Type is one of 'Condominium',

'Townhouse' Latitude, Longitude is within 0.25 mi of 13227 Holly St, Thornton, CO 80241, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' 5 Properties have been discarded.

Residential Pending Properties Listing ID Address

City

8771415 13279 Holly ST #D

Thornton

Bds

2

Count: 1

Bths

Abv

Ttl

Fin

Pending

PSF Abv

PSF Ttl

2

1,166

1,792

1,166

04/18/22

$369

$240

$369

Averages:

1,166

1,792

1,166

$369

$240

$369

High $430,000

List Price:

Low $430,000

PSF Fin DIM Orig Price

4 4

List Price

430,000

$430,000

$430,000

$430,000

Median $430,000

Closed Properties Bds

Bths

Abv

Ttl

Fin

Close

PSF Abv

PSF Ttl

Thornton

2

2

1,166

1,792

1,166

03/25/22

$352

$229

$352

3

Thornton

2

2

1,166

1,750

1,750

02/11/22

$352

$235

$235

19

6098133 13247 Holly ST #E

Thornton

2

3

1,238

1,870

1,238

02/14/22

$338

$224

$338

4872830 13263 Holly ST #D

Thornton

2

2

1,166

1,792

1,166

03/25/22

$364

$237

$364

Averages:

1,184

1,801

1,330

$351

$231

$322

Listing ID Address

City

6175348 13223 Holly ST #D 3728283 13287 Holly ST #F

Count: 4

Closed Price:

Report Totals

Presented By: Nolan Baker Generated on: 05/20/2022

Count : 5

Averages:

High $425,000

SqFt Abv 1,180

SqFt Ttl 1,799

Low $410,000 Sqft Fin 1,297

PSF Abv $ 355

PSF Fin DIM Orig Price

List Price Close Price

CP/OLP

389,000

$389,000 $410,000

105%

398,590

$398,590 $410,500

103%

2

400,000

$400,000 $418,000

105%

3 7

400,000

$400,000 $425,000

106%

$396,898

$396,898 $415,875

105%

Orig Price $403,518

List Price Close Price $403,518 $415,875

CP/OLP 105 %

Median $414,250 PSF Ttl

$233

All data deemed reliable but not guaranteed.

Copyright REcolorado © 2022. All rights reserved.

REcolorado.com

PSF Fin $331

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.