17127 E Bethany Cir_Price Analysis_Aaron

at Keller Williams Integrity

Property Type is 'Residential' Mls Status is one of 'Active', 'Coming Soon', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 04/30/2022 to 11/01/2021 Latitude, Longitude is within 0.25 mi of 17127 E Bethany Cir, Aurora, CO 80013, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' Comparable Listing YN is no 10 Properties have been discarded.

Residential Active Properties Listing ID Address

City

7601277 16969 E Amherst DR

Aurora

Bds

3

Count: 1

Bths

Abv

Ttl

Fin

List

PSF Abv

PSF Ttl

3

1,476

2,656

2,243

04/28/22

$288

$160

$189

Averages:

1,476

2,656

2,243

$288

$160

$189

High $424,900

List Price:

Low $424,900

PSF Fin DIM Orig Price

List Price

424,900

$424,900

$424,900

$424,900

PSF Fin DIM Orig Price

List Price

2 2

Median $424,900

Pending Properties Bds

Bths

Abv

Ttl

Fin

Pending

PSF Abv

PSF Ttl

Aurora

3

3

1,532

2,072

1,532

04/19/22

$332

$246

$332

10

509,000

$509,000

Aurora

4

3

1,532

2,757

2,557

04/10/22

$343

$190

$205

525,000

$525,000

Averages:

1,532

2,415

2,045

$337

$218

$269

5 8

$517,000

$517,000

Listing ID Address

City

5181994 17051 E Amherst DR 2974270 17275 E Brown CIR

Count: 2

High $525,000

List Price:

Low $509,000

Median $517,000

Closed Properties Listing ID Address

City

Bds

Bths

Abv

Ttl

Fin

Close

PSF Abv

PSF Ttl

8489393 17092 E Amherst DR

Aurora

4

2

1,824

2,340

2,340

11/10/21

$266

$207

$207

3524116 17439 E Brunswick PL

Aurora

4

2

2,648

2,648

2,648

04/01/22

$193

$193

9749520 2856 S Ouray WAY

Aurora

4

3

1,008

2,016

2,016

04/08/22

$533

$266

6808425 17665 E Brunswick PL

Aurora

4

2

1,266

1,692

1,372

04/01/22

$434

$325

4813406 17467 E Brown CIR

Aurora

4

2

1,248

1,882

1,882

04/05/22

$445

Averages:

1,599

2,116

2,052

$374

Count: 5

Closed Price:

Report Totals

Presented By: Kyle Gephart Generated on: 04/30/2022

Count : 8

Averages:

High $555,000

SqFt Abv 1,567

SqFt Ttl 2,258

List Price Close Price

CP/OLP

5

475,000

$475,000 $485,000

102%

$193

0

500,000

$500,000 $512,000

102%

$266

4

445,000

$445,000 $537,000

121%

$401

6

475,000

$475,000 $550,000

116%

$295

$295

$510,000 $555,000

109%

$273

4 4

510,000

$257

$481,000

$481,000 $527,800

110%

Orig Price $482,988

List Price Close Price $482,988 $527,800

CP/OLP 110 %

Low $485,000 Sqft Fin 2,074

PSF Abv $ 354

PSF Fin DIM Orig Price

Median $537,000 PSF Ttl

$235

All data deemed reliable but not guaranteed.

Copyright REcolorado © 2022. All rights reserved.

REcolorado.com

PSF Fin $261

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.

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