Detailed Market Analysis_7206 Ryan Gulch

at Keller Williams Integrity

at Keller Williams Integrity

Silverthorne

9029501 2300 Lodge Pole CIR #207

Generated on: 06/08/2022

Presented By: Genesis Cobb

Report Totals

Silverthorne

7776759 8028 Ryan Gulch RD #D-1

Count : 6

Count: 2

City

Listing ID Address

Closed Properties

2

2

Bds

1

Frisco

Count: 2

1

Silverthorne

9635461 2200 Lodge Pole CIR #105, Bldg B 1773836 2445 Ryan Gulch CT #201, Bldg B

Bds

City

Listing ID Address

Pending Properties

2

Silverthorne

Count: 2

2

Silverthorne

3919567 8033 Ryan Gulch Road #D6, Bldg 4 4511689 2419 Ryan Gulch CT #309

Bds

City

Listing ID Address

Active Properties

Residential

662

662

609

609

655

655

Averages:

SqFt Abv 642

Sqft Fin 642

655

758

552

Fin

609

648

569

Fin

662

772

552

Fin

$763

$738

$788

PSF Abv

$750

$770

$729

PSF Abv

$740

$726

$755

PSF Abv

PSF Abv $ 751

Low $416,500

02/01/22

04/08/22

Close

Low $415,000

05/30/22

05/28/22

Pending

Low $435,000

04/15/22

06/04/22

List

$751

$507,500

580,000

435,000

$750

$770

$729

11

18

3

$740

$726

$755

4 2

0

PSF Fin $751

Orig Price $478,833

$462,000

525,000

399,000

PSF Fin DIM Orig Price

$467,000

519,000

415,000

PSF Fin DIM Orig Price

Median $483,250 PSF Ttl

$740

$726

$755

48 26

4

Median $457,000

PSF Ttl

$750

$770

$729

$763

$738

$788

PSF Fin DIM Orig Price

Median $502,450

PSF Ttl

$763

$738

$788

PSF Ttl

All data deemed reliable but not guaranteed.

Copyright REcolorado © 2022. All rights reserved.

REcolorado.com

SqFt Ttl 642

High $550,000

758

552

Ttl

758

552

Abv

High $499,000

648

569

Ttl

648

569

Abv

High $569,900

772

552

Ttl

772

552

Abv

Closed Price:

Averages:

1

1

Bths

List Price:

Averages:

1

Bths

List Price:

Averages:

1

1

Bths

around 39.62, -106.09 Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' 37 Properties have been discarded.

CP/OLP 105 %

105%

105%

104%

CP/OLP

CMA 1-Line Page 1 of 1

List Price Close Price $473,817 $483,250

$462,000 $483,250

$525,000 $550,000

$399,000 $416,500

List Price Close Price

$457,000

$499,000

$415,000

List Price

$502,450

$569,900

$435,000

List Price

Property Type is 'Residential' Mls Status is one of 'Active', 'Coming Soon', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 06/08/2022 to 12/10/2021 Latitude, Longitude is

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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