18498 E Columbia Cir_Apryle Tepper_Price Analysis

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 04/18/2022 to 10/20/2021 Latitude, Longitude is within 0.25 mi of 18498 E Columbia Cir, Aurora, CO 80013, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' Comparable Listing YN is no 24 Properties have been discarded.

Residential Closed Properties Bds

Bths

Abv

Ttl

Fin

Close

PSF Abv

PSF Ttl

Aurora

2

2

1,298

1,298

1,298

01/13/22

$269

$269

$269

4

Aurora

2

2

1,298

1,298

1,298

01/18/22

$270

$270

$270

2440878 3058 S Walden CT

Aurora

2

2

1,394

2,422

1,394

10/27/21

$301

$173

5420002 3021 S Waco CT

Aurora

2

2

1,394

2,422

1,394

02/28/22

$308

$178

2109814 3077 S Waco CT

Aurora

2

2

1,394

2,422

1,394

11/19/21

$308

$178

$308

Averages:

1,356

1,972

1,356

$291

$213

$287

Listing ID Address

City

6036915 3205 S Walden CT #G, Bldg 2 5267627 18273 E Flora PL #G

Count: 5

Closed Price:

Report Totals

Presented By: Kyle Gephart Generated on: 04/18/2022

Count : 5

Averages:

High $430,000

SqFt Abv 1,356

SqFt Ttl 1,972

Low $349,500 Sqft Fin 1,356

PSF Abv $ 291

PSF Fin DIM Orig Price

List Price Close Price

CP/OLP

339,500

$339,500 $349,500

103%

4

339,900

$339,900 $350,000

103%

$301

2

399,900

$399,900 $420,000

105%

$308

0

400,000

$400,000 $430,000

108%

3 3

425,000

$425,000 $430,000

101%

$380,860

$380,860 $395,900

104%

Orig Price $380,860

List Price Close Price $380,860 $395,900

CP/OLP 104 %

Median $420,000 PSF Ttl

$213

All data deemed reliable but not guaranteed.

Copyright REcolorado © 2022. All rights reserved.

REcolorado.com

PSF Fin $287

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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