Kracke_ Custom Market Report

This search was narrowed to a specific set of Properties. Property Type is 'Residential' Mls Status is one of 'Active', 'Coming Soon', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 09/01/2022 to 03/05/2022 Mls Status is 'Withdrawn' Status Contractual Search Date is 09/01/2022 to 03/05/2022 Mls Status is 'Expired' Status Contractual Search Date is 09/01/2022 to 03/05/2022 Latitude, Longitude is within 0.25 mi of 8460 Harrison Way, Thornton, CO 80229, USA Beds Total is 3 Baths Total Integer is 2 Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*'

Residential Active Properties Listing ID Address

City

3422503 8363 Jackson CIR

Thornton

Bds

Bths

Abv

Ttl

Fin

List

PSF Abv

PSF Ttl

3

2

1,296

1,296

1,296

06/10/22

$244

$244

$244

Averages:

1,296

1,296

1,296

$244

$244

$244

Count: 1

High $316,000

List Price:

Low $316,000

PSF Fin DIM Orig Price

List Price

325,000

$316,000

$325,000

$316,000

PSF Fin DIM Orig Price

List Price

57 57

Median $316,000

Pending Properties Listing ID Address

City

5131661 8503 Monroe CT

Denver

Bds

Bths

Abv

Ttl

Fin

Pending

PSF Abv

PSF Ttl

3

2

924

924

924

08/09/22

$287

$287

$287

Averages:

924

924

924

$287

$287

$287

Count: 1

High $264,900

List Price:

Low $264,900

96 96

310,000

$264,900

$310,000

$264,900

Median $264,900

Closed Properties Listing ID Address

City

Bds

Bths

Abv

Ttl

Fin

Close

PSF Abv

PSF Ttl

5181618 8505 Madison CT

Denver

3

2

1,088

1,088

1,088

04/22/22

$276

$276

IR962049 8463 Monroe WAY

Thornton

3

2

1,188

1,188

1,188

05/06/22

IR962019 8373 Monroe CIR

Thornton

3

2

1,296

1,296

1,296

04/29/22

Averages:

1,191

1,191

1,191

Count: 3

Closed Price:

Report Totals

Presented By: Lily Lopez Generated on: 09/01/2022

Count : 5

High $330,000

SqFt Abv Averages: 1,158

SqFt Ttl 1,158

List Price Close Price

CP/OLP

1

295,000

$295,000 $300,000

102%

$257

6

299,000

$299,000 $305,000

102%

$255

6 4

330,000

$330,000 $330,000

100%

$308,000

$308,000 $311,667

101%

Orig Price $311,800

List Price Close Price $300,980 $311,667

CP/OLP 101 %

$276

$257 $255 $262

$276

Low $300,000 Sqft Fin 1,158

PSF Fin DIM Orig Price

PSF Abv $ 264

$262

Median $305,000 PSF Ttl

$269

All data deemed reliable but not guaranteed.

Copyright REcolorado © 2022. All rights reserved.

REcolorado.com

PSF Fin $264

CMA 1-Line Page 1 of 1

INTELLIGENT PRICING AND TIMING

INFO

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 first two weeks of marketing are crucial.

• The market never lies, but it can change its mind.

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.

Brendan Bartic | The Bartic Group | 303. . | Brendan@TheBarticGroup.com www.TheBarticGroup.com

INTELLIGENT PRICING AND TIMING

INFO

Your best chance of selling your home is in the first two weeks of marketing. Your home is fresh 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 home will get the greatest flurry of attention and interest in the first two weeks.

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.

Brendan Bartic | The Bartic Group | 03. . | Brendan@TheBarticGroup.com www.TheBarticGroup.com