3535 Eudora St. - Comparative Market Analysis

at Keller Williams Integrity

Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 03/28/2022 to 09/29/2021 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 0.03 mi of 3535 Eudora St, Denver, CO 80207, USA, is around 39.77, -104.93 7 Properties have been discarded.

Residential Active Properties Listing ID Address

City

6573039 3665 Elm ST

Denver

Bds

Bths

Abv

Ttl

Fin

List

PSF Abv

PSF Ttl

6

3

1,293

2,160

2,160

03/24/22

$483

$289

$289

Averages:

1,293

2,160

2,160

$483

$289

$289

Count: 1

High $625,000

List Price:

Low $625,000

PSF Fin DIM Orig Price

4 4

List Price

625,000

$625,000

$625,000

$625,000

Median $625,000

Closed Properties Bds

Bths

Abv

Ttl

Fin

Close

PSF Abv

PSF Ttl

Denver

4

1

1,296

1,296

1,296

10/20/21

$367

$367

$367

3

Denver

5

4

1,200

2,067

2,067

12/08/21

$404

$235

$235

64

1893483 3695 Elm ST

Denver

3

2

1,316

1,316

1,316

12/08/21

$399

$399

$399

3416321 3590 Dahlia ST

Denver

4

2

1,396

1,396

1,396

03/15/22

$476

$476

$476

Averages:

1,302

1,519

1,519

$411

$369

$369

Listing ID Address

City

3342743 3675 Fairfax ST 2922519 3690 Dahlia ST

Count: 4

Closed Price:

Report Totals

Presented By: Frances Sullivan Generated on: 03/28/2022

Count : 5

Averages:

High $665,000

SqFt Abv 1,300

SqFt Ttl 1,647

Low $475,000 Sqft Fin 1,647

PSF Abv $ 426

PSF Fin DIM Orig Price

List Price Close Price

CP/OLP

465,000

$465,000 $475,000

102%

585,500

$525,000 $485,000

83%

60

600,000

$525,000 $525,000

88%

4 33

584,100

$584,100 $665,000

114%

$558,650

$524,775 $537,500

97%

Orig Price $571,920

List Price Close Price $544,820 $537,500

CP/OLP 97 %

Median $505,000 PSF Ttl

$353

All data deemed reliable but not guaranteed.

Copyright REcolorado © 2022. All rights reserved.

REcolorado.com

PSF Fin $353

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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