12194 Tallkid Court 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 07/08/2022 to 01/09/2022 Property Sub Type is 'Single Family

Residence' Latitude, Longitude is within 0.25 mi of 12194 S Tallkid Ct, Parker, CO 80138, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*'

Residential Active Properties Listing ID Address

City

1989684 21563 E Tallkid AVE

Parker

Bds

Bths

Abv

Ttl

Fin

List

PSF Abv

PSF Ttl

3

3

2,058

3,126

2,525

05/26/22

$340

$224

$277

Averages:

2,058

3,126

2,525

$340

$224

$277

Count: 1

High $700,000

List Price:

Low $700,000

PSF Fin DIM Orig Price

List Price

700,000

$700,000

$700,000

$700,000

PSF Fin DIM Orig Price

List Price

43 43

Median $700,000

Pending Properties Listing ID Address

City

5130517 21493 E Wanderlust PL

Parker

Bds

Bths

Abv

Ttl

Fin

Pending

PSF Abv

PSF Ttl

4

3

1,660

3,307

3,214

07/06/22

$437

$219

$226

Averages:

1,660

3,307

3,214

$437

$219

$226

Count: 1

High $725,000

List Price:

Low $725,000

6 6

725,000

$725,000

$725,000

$725,000

Median $725,000

Closed Properties Listing ID Address

City

Bds

Bths

Abv

Ttl

Fin

Close

PSF Abv

PSF Ttl

9104153 21974 E Tallkid AVE

Parker

4

4

1,925

3,166

2,993

07/05/22

$390

$237

$251

7504313 21848 E Tallkid AVE

Parker

3

4

2,904

3,878

3,878

06/03/22

$260

$195

6804336 12143 S Tallkid CT

Parker

4

3

2,581

3,782

2,581

02/18/22

$300

Averages:

2,470

3,609

3,151

$317

Count: 3

Closed Price:

Report Totals

Presented By: Ray Fierro Generated on: 07/08/2022

Count : 5

Averages:

High $775,000

SqFt Abv 2,226

SqFt Ttl 3,452

List Price Close Price

CP/OLP

4

699,000

$699,000 $750,000

107%

$195

7

750,000

$750,000 $756,000

101%

$205

$300

$675,000 $775,000

115%

$249

4 5

675,000

$212

$708,000

$708,000 $760,333

108%

Orig Price $709,800

List Price Close Price $709,800 $760,333

CP/OLP 108 %

Low $750,000 Sqft Fin 3,038

PSF Abv $ 345

PSF Fin DIM Orig Price

Median $756,000 PSF Ttl

$216

All data deemed reliable but not guaranteed.

Copyright REcolorado © 2022. All rights reserved.

REcolorado.com

PSF Fin $250

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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