Steven Gruenewald's Market Analysis

at Keller Williams Integrity

Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Commerce City, CO

This week the median list price for Commerce City, CO is $639,590 with the market action index hovering around 92.

This is less than last month's market action index of 97.

Inventory has increased to 74.

Real-Time Market Profile Median List Price

$639,590

Market Action Index

Median Price of New Listings

$581,500

This answers “How’s the Market?” by comparing rate of sales versus

Per Square Foot

$203

Average Days on Market

17

Median Days on Market

14

Price Decreased

27%

Price Increased

7%

Relisted

0%

Inventory

74

Median Rent

$2,995

Market Action

92

inventory.

50

40

Buyer's Market

60

Seller's Market

70

100

10 0

on

92

90

M

ay Tod th

Las t

80

20

30

Strong Seller's Market The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Strong Seller's Market

Market Segments Each segment below represents approximately 25% of the market ordered by price.

Median Price

Sq. Ft.

Lot Size

Beds

Bath

Age

New

Absorbed

DOM

$737,272

4,072

6,500 - 8,000 sqft

4

4

6

4

6

17

$656,345

3,474

4,500 - 6,500 sqft

4

3

4

3

3

17

$600,000

3,152

4,500 - 6,500 sqft

4

3

10

7

6

7

$490,000

1,680

4,500 - 6,500 sqft

3

2

18

12

9

0

Thu Jun 02 2022

2 of 6

Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Commerce City, CO

Median List Price

The market seems to have paused around its high point. The Market Action Index is a good leading indicator for the durability of this trend. $700K

$650K

$600K

$550K

$500K

$450K

$400K Jun 2019

Oct 2019

Feb 2020

Jun 2020

Oct 2020

7-Day Average

Feb 2021

Jun 2021

Oct 2021

Feb 2022

May 2022

90-Day Average

Segments

Prices have settled at a price plateau across the board. Prices in all four quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move from these current levels. $800K

$700K

$600K

$500K

$400K

$300K Jun 2019

Oct 2019

Feb 2020

Top 90-Day

Jun 2020

Oct 2020

Upper 90-Day

Feb 2021

Lower 90-Day

Thu Jun 02 2022

Jun 2021

Oct 2021

Feb 2022

May 2022

Bottom 90-Day

3 of 6

Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Commerce City, CO

Price Per Square Foot

While prices have been basically flat, the price per square foot has been heading downward. While not a sign of broad strength in a market, larger homes are coming more available and buyers are tending to get more home for their money. $350

$300

$250

$200

$150

$100 Jun 2019

Oct 2019

Feb 2020

Jun 2020

Oct 2020

7-Day Average

Feb 2021

Jun 2021

Oct 2021

Feb 2022

May 2022

90-Day Average

Inventory

Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.

200

150

100

50

0 Jun 2019

Oct 2019

Feb 2020

Jun 2020

Oct 2020

7-Day Average

Feb 2021

Jun 2021

Oct 2021

Feb 2022

May 2022

90-Day Average

Thu Jun 02 2022

4 of 6

Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Commerce City, CO

Market Action Index

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

120

100

80

60

40

20 Jun 2019

Oct 2019

Feb 2020

Jun 2020

Oct 2020

7-Day Average

Feb 2021

Jun 2021

Oct 2021

Feb 2022

May 2022

90-Day Average

Market Action Segments

Not surprisingly, all segments in the market are showing high levels of demand. Watch the quartiles for changes before the whole market changes. Often one end of the market (e.g. the high-end) will weaken before the rest of the market and signal a slowdown for the whole group.

120

100

80

60

40 Jun 2019

Oct 2019

Feb 2020

Top 90-Day

Jun 2020

Oct 2020

Upper 90-Day

Feb 2021

Lower 90-Day

Thu Jun 02 2022

Jun 2021

Oct 2021

Feb 2022

May 2022

Bottom 90-Day

5 of 6

Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Commerce City, CO

Median Days on Market (DOM)

The properties have been on the market for an average of 12 days. Half of the listings have come newly on the market in the past 6 or so days. Watch the 90-day DOM trend for signals of a changing market.

80

60

40

20

0 Jun 2019

Oct 2019

Feb 2020

Jun 2020

Oct 2020

7-Day Average

Feb 2021

Jun 2021

Oct 2021

Feb 2022

May 2022

90-Day Average

Segments

It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.

80

60

40

20

0 Jun 2019

Oct 2019

Feb 2020

Top 90-Day

Jun 2020

Oct 2020

Upper 90-Day

Feb 2021

Lower 90-Day

Thu Jun 02 2022

Jun 2021

Oct 2021

Feb 2022

May 2022

Bottom 90-Day

6 of 6

16093 E 105th Ct, Commerce City, CO 80022-8848, Adams County APN: R0152334

Expired Listing

CLIP: 7693228909

MLS Beds 3

MLS Full Baths 2

Half Baths N/A

Sale Price $160,500

MLS Sq Ft 1,682

Lot Sq Ft 9,579

Yr Built 2004

Type SFR

Sale Date 04/21/2011

OWNER INFORMATION

Owner Name

Gruenewald Edith L

Mailing Zip

80640

Mailing Address

Po Box 218

Mailing ZIP 4

0218

Mailing City & State

Henderson, CO

Mailing Carrier Route

B003

Property Zip

80022

Neighborhood Code

Commerce City East-530

Property Zip4

8848

Neighborhood Name (OnBoard)

Buffalo Mesa

Property Carrier Route

R015

Township

02S

School District

School District 27j

Range

66W

Elementary School

Turnberry

Section

08

Middle School

Otho Stuart

Quarter

SW

High School

Prairie View

Block

18

Subdivision

Buffalo Mesa Sub Filing 1

Lot

10

Census Tract

85.38

LOCATION INFORMATION

TAX INFORMATION

PIN

R0152334

% Improved

73%

Alternate PIN

1723-08-3-10-006

Tax District

598

Schedule Number

R0152334

Legal Description

SUB:BUFFALO MESA SUBD FILIN G NO 1 BLK:18 LOT:10

ASSESSMENT & TAX

Assessment Year

2021

2020

2019

Market Value - Land

$101,000

$93,000

$93,000

Market Value - Improved

$272,903

$261,910

$261,910

Market Value - Total

$373,903

$354,910

$354,910

Assessed Value - Land

$7,220

$6,650

$6,650

Assessed Value - Improved

$19,510

$18,730

$18,730

Assessed Value - Total

$26,730

$25,380

$25,380

YOY Assessed Change (%)

5.32%

0%

YOY Assessed Change ($)

$1,350

$0

Tax Year

Total Tax

Change ($)

Change (%)

2019

$4,079

2020

$4,075

-$4

-0.09%

2021

$4,262

$187

4.59%

CHARACTERISTICS

Lot Acres

0.2199

MLS Total Baths

2

Lot Sq Ft

9,579

Baths - Full

2

Land Use - County

Single Family Resid

Stories

1

Land Use - CoreLogic

SFR

Fireplace

Y

Building Type

Residential

Fireplaces

1

Style

Ranch

Cooling Type

Central

Year Built

2004

Heat Type

Forced Air

Bldg Sq Ft - Above Ground

1,682

Garage Type

Attached Garage

Bldg Sq Ft - Total

1,682

Garage Capacity

MLS: 2

Bldg Sq Ft - Finished

1,682

Garage Sq Ft

442

Bldg Sq Ft - 1st Floor

1,682

Roof Material

Composition Shingle

# Buildings

1

Construction

Frame

Total Rooms

5

Exterior

Frame

Bedrooms

3

Quality

Average

Baths - Total

2

Equipment

Ssk, Whe

Property Details

Courtesy of Mitch Helfer, REcolorado

The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.

Generated on: 06/02/22 Page 1/3

FEATURES

Feature Type

Size/Qty

Sink Standard

1

Laundry Facility

1

Bath 4

1

Water Heater

1

Bath 5

1

Allowance

1

Hvac-Fireplace-Gas Direct Vent

1

Wood Roof

228

Attached

442

SELL SCORE

Rating

Low

Sell Score

443

Value As Of

2022-05-29 04:28:44

LISTING INFORMATION

MLS Listing Id

963310

MLS Current Price

$166,000

MLS Days On Market

309

MLS Original List Price

$170,000

MLS Source

REcolorado

MLS Listing Contract Date

01/17/2011

MLS Status

Expired

MLS List Office Name

VILLAGE BROKERS INC

MLS Status Change Date

11/22/2011

MLS List Agent Full Name

312967-Nicole Court

Sale Date

04/21/2011

Deed Type

Warranty Deed

Sale Price

$160,500

Owner Name

Gruenewald Edith L

Price per SqFt - Finished

$95.42

Seller

Schmelzer Eva B

Document Number

26295

LAST MARKET SALE & SALES HISTORY

Sale Date

04/21/2011

08/14/2006

02/27/2003

Sale Price

$160,500

$228,500

$9,266,400

Buyer

Gruenewald Edith L

Schmelzer Eva B

Kdb Homes Inc

Seller

Schmelzer Eva B

Kdb Homes Inc

Buffalo Run Mesa LLC

Document Number

26295

846430

C1103038

Document Type

Warranty Deed

Warranty Deed

Special Warranty Deed

Title Company

Land Title Guarantee

First American Heritage Title

First American Heritage Title

Multi/Split Sale Type

Multi

MORTGAGE HISTORY

Mortgage Date

08/21/2006

Mortgage Amount

$205,650

Mortgage Lender

Ubs Ag New York Br

Borrower

Schmelzer Eva B

Mortgage Type

Conventional

Mortgage Purpose

1st Time Sale

Mortgage Int Rate

7.5

Mortgage Int Rate Type

Adjustable Int Rate Loan

Mortgage Term

30

Mortgage Term

Years

FORECLOSURE HISTORY

Document Type

Release Of Lis Pendens/Notice

Foreclosure Filing Date

Notice Of Trustee's Sale 12/19/2008

Recording Date

07/29/2009

01/05/2009

Document Number

55905

313

Final Judgment Amount

$205,630

Original Doc Date

01/05/2009

08/21/2006

Original Document Number

313

846450

Property Details

Courtesy of Mitch Helfer, REcolorado

The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.

Generated on: 06/02/22 Page 2/3

PROPERTY MAP

*Lot Dimensions are Estimated

Property Details

Courtesy of Mitch Helfer, REcolorado

The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.

Generated on: 06/02/22 Page 3/3

Broker 1 Page 16707 E 102nd Place, Commerce City, CO 80022 (Status: Pending B/U, Listing ID: 8021840) County: Adams List Price: $560,000 Property Type: Residential Original List Price: $560,000 Property Subtype: Single Family Residence Levels: One Basement: Yes Structure Type: House Year Built: 2014 Subdivision Name: Buckley Ranch Listing Contract Date: 05/19/2022 Purchase Contract Date: 05/30/2022 Contingency: None Known Accepting Backups: Yes Days In MLS: 11 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $5,127 Tax Year: 2021 Tax Legal Desc: SUB:BUCKLEY RANCH SUBDIVISION BLK:1 LOT:14 Interior Area & SqFt 2,845 Living Area (SqFt Finished): 1,816 Above Grade Finished Area: 1,816 1,029 Below Grade Finished Area: 0 Below Grade Unfinished Area: 1,029 $197 PSF Finished: $308 PSF Above Grade: $308 Bsmnt Ceiling Ht: Fireplace:

Building Area Total (SqFt Total): Below Grade Total Area: PSF Total: Basement: Unfinished Foundation: Slab Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Breakfast Nook, Ceiling Fan(s), Five Piece Bath, Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, Smoke Free, Vaulted Ceiling(s), Walk-In Closet(s) Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Gas Water Heater, Microwave, Self Cleaning Oven Flooring: Carpet, Vinyl, Wood Exclusions: Washer, Dryer, all appliances in the Garage, Kitchen Refrigerator, Wooden Shelves in the Basement, Work Bench in the Garage.

Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 2 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $0.00 None Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Assoc Amenities: Senior Community: No Restriction Covenants: Other Pets Allowed: Yes Rentals Allowed: Site & Location Information Lot Size: 0.15 Acres / 6,534 SqFt Waterfront Feat: Lot Features: Greenbelt, Landscaped, Sprinklers In Front, Sprinklers In Rear Elementary School: Second Creek / School District 27-J Bldg/Complex Name: Middle/Junior Sch: Otho Stuart / School District 27-J High School: Prairie View / School District 27-J Building & Water Information Architectural Style: Contemporary Direction Faces: South View: Mountain(s) Construction Materials: Frame Roof: Composition Exterior Features: Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Enjoy Single Level Living in this Beautiful Home located on a lot/Homesite that Abuts the Greenbelt with Amazing views of the Front Range. Split Bedroom Floor Plan, Ranch Style Home 2 Bedrooms, 2 Baths, Plus Main Floor Office/Den, Attached Oversized 2 Car Garage and an Unfinished Basement. A Huge Great Room with Gas Log Fireplace and Vaulted Ceiling is Adjacent to the Open Kitchen with an Abundanc...

Confidential Information Buyer Agency Comp: 2.8% Dual Variable: Yes Submitted Prosp: No Transaction Broker Comp: 2.8% Contract Earnest Check To: Heritage Title Company Possession: Close Plus 30 to 60 Days Contract Min Earnest: $6,000 Listing Terms: Cash, Conventional, FHA, VA Loan Title Company: Heritage Title Company Ownership: Individual Showing Information Showing Service: Showing Contact Phone:

BrokerBay 888-808-0331

List Agent: Traci Phillips List Office: RE/MAX ALLIANCE Email:

Show Email:

No Showings Until: List Agent Phone: 303-420-8800 Mobile: 303-587-5611

Traci@TraciPhillips.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 06/02/2022 4:04:28 PM

Full Property View

16707 E 102nd Place, Commerce City, CO 80022

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$560,000 - Pending

10982 Memphis Street, Commerce City, CO 80022 (Status: Closed, Listing ID: 1955486) Close Price: $547,000 County: Adams List Price: $575,000 Property Type: Residential Original List Price: $620,600 Property Subtype: Single Family Residence Levels: One Basement: Yes Structure Type: House Year Built: 2022 Subdivision Name: Reunion Listing Contract Date: 08/30/2021 Purchase Contract Date: 11/01/2021 Contingency: None Known Close Date (DIM): 02/04/2022 Days In MLS: 63 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $436.00 Tax Annual Amt: $9,309 Tax Year: 2020 Tax Legal Desc: REUNION SUBD FLG NO 37 LOT 345 Interior Area & SqFt Building Area Total (SqFt Total): 3,811 Living Area (SqFt Finished): 1,977 Above Grade Finished Area: 1,977 Below Grade Total Area: 1,834 Below Grade Finished Area: 0 Below Grade Unfinished Area: 1,834 PSF Total: $144 PSF Finished: $277 PSF Above Grade: $277 Basement: Bath/Stubbed, Full, Interior Bsmnt Ceiling Ht: Entry/Standard, Unfinished Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Granite Counters, Kitchen Island, Open Floorplan, Smoke Free, Walk-In Closet(s) Appliances: Dishwasher, Disposal, Microwave, Oven Flooring: Carpet, Tile, Wood Exclusions: Seller's Personal Possessions Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 2 Baths Full: 0 Baths Three Quarter: 2 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $109.00 Quarterly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Maintenance Grounds Assoc Amenities: Pool Senior Community: No Restriction Covenants: Other Pets Allowed: Cats OK, Dogs OK, Yes Rentals Allowed: Site & Location Information Lot Size: 0.16 Acres / 7,106 SqFt Waterfront Feat: Elementary School: Second Creek / School District 27-J Bldg/Complex Name: Middle/Junior Sch: Otho Stuart / School District 27-J High School: Prairie View / School District 27-J Building & Water Information Entry Level/Loc: Common Walls: No Common Walls Direction Faces: West View: Construction Materials: Frame, Other Roof: Composition Exterior Features: Rain Gutters Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Available in January 2022. Located close to the golf course with a southwest facing driveway. This beautiful ranch style Graham features 3 beds, 2 baths, great room, kitchen, full unfinished basement for future expansion & 2 car garage, covered deck and more. Lennar seamlessly blended & showcased the unparalleled beauty of Colorado with the most innovative homes, energy efficient technologies & mo...

Confidential Information Private Remarks: REALTOR MUST BE PRESENT AT BUYER'S FIRST IN PERSON VISIT TO ONE OF OUR LENNAR COLORADO COMMUNITIES. Please take a minute to register or pre-register your clients on our new realtor micro website at www.lennaragentvip.com/CO. Builder pays 1% commission on base price of home or total sales price, whichever is less. Buyer and buyer's agent to verify MLS information including but not limited to, squar Buyer Agency Comp: 1% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 1%

List Agent: Tom Ullrich List Office: RE/MAX Masters Millennium Email:

tomrman@aol.com

Buyer Agent: Jose Ochoa Buyer Office: Keller Williams Realty Downtown LLC Email: iamjoseochoa@gmail.com Concessions: No Buyer Financing: Conventional

List Agent Phone: 303-910-8436 Mobile: 303-910-8436 Buyer Agent Phone: 720-335-5673 Mobile: 720-335-5673 Close Information

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 06/02/2022 4:04:28 PM

10982 Memphis Street, Commerce City, CO 80022

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$547,000 - Closed

15867 E 107th Way, Commerce City, CO 80022 (Status: Closed, Listing ID: 9069096) Close Price: $535,000 County: Adams List Price: $495,000 Property Type: Residential Original List Price: $495,000 Property Subtype: Single Family Residence Levels: One Basement: Yes Structure Type: House Year Built: 2005 Subdivision Name: Buffalo Mesa Listing Contract Date: 11/17/2021 Purchase Contract Date: 11/19/2021 Contingency: None Known Close Date (DIM): 12/13/2021 Days In MLS: 2 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $480.00 Tax Annual Amt: $4,038 Tax Year: 2020 Tax Legal Desc: SUB:BUFFALO MESA SUBD FILING NO 1 BLK:1 LOT:17 Interior Area & SqFt 2,238 Living Area (SqFt Finished): 1,629 Above Grade Finished Area: 1,629 609 Below Grade Finished Area: 0 Below Grade Unfinished Area: 609 $239 PSF Finished: $328 PSF Above Grade: $328 Bsmnt Ceiling Ht: Fireplace: 1/Living Room

Building Area Total (SqFt Total): Below Grade Total Area: PSF Total: Basement: Unfinished Foundation: Slab Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Ceiling Fan(s), Five Piece Bath, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Smoke Free, Vaulted Ceiling(s), Walk-In Closet(s) Flooring: Laminate Exclusions: Personal property, cabinets in garage Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 2 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $40.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Assoc Amenities: Pool Senior Community: No Restriction Covenants: Other Pets Allowed: Yes Rentals Allowed: Site & Location Information Lot Size: 0.15 Acres / 6,657 SqFt Waterfront Feat: Lot Features: Cul-De-Sac, Landscaped, Sprinklers In Front, Sprinklers In Rear Elementary School: Turnberry / School District 27-J Bldg/Complex Name: Middle/Junior Sch: Otho Stuart / School District 27-J High School: Prairie View / School District 27-J Building & Water Information Direction Faces: South View: Construction Materials: Frame Roof: Composition Exterior Features: Garden, Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Fantastic Ranch home in Buffalo Mesa. This 3 bedroom 2 bath home is perfect throughout. Very open floor plan with vaulted ceilings in the living room, dining and master bedroom. Seller has meticulously taken care of this lovely home since it was originally built. Updates include: tile around the fireplace, newer light fixtures, surround sound, granite counters and backsplash in the kitchen, grani...

Confidential Information Private Remarks: In the event of multiple offers, all offers to be in by Monday at 12pm. Seller will review them on Monday and make a decision by Monday at 7pm. Seller does reserve the right to accept an offer at any time.

Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 2.8% List Agent Phone: 303-506-6742 Mobile: 303-506-6742

List Agent: Arlene Castro List Office: i Go Realty Email:

arlene@igorealty.com

Buyer Agent: Shurie Anderson Buyer Office: Madison & Company Properties Email:

shurie.anderson@303ht.com

Concessions: No Buyer Financing: FHA

Buyer Agent Phone: 303-912-0553 Mobile: Close Information

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 06/02/2022 4:04:29 PM

15867 E 107th Way, Commerce City, CO 80022

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$535,000 - Closed

16209 E 105th Way, Commerce City, CO 80022 (Status: Pending, Listing ID: 6391065) County: Adams List Price: $515,000 Property Type: Residential Original List Price: $515,000 Property Subtype: Single Family Residence Levels: One Basement: No Structure Type: House Year Built: 2005 Subdivision Name: Buffalo Mesa Listing Contract Date: 05/26/2022 Purchase Contract Date: 05/31/2022 Contingency: None Known Days In MLS: 5 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $480.00 Tax Annual Amt: $4,282 Tax Year: 2021 Tax Legal Desc: SUB:BUFFALO MESA SUBD FILING NO 1 BLK:15 LOT:9 Interior Area & SqFt Building Area Total (SqFt Total): 1,682 Living Area (SqFt Finished): 1,682 Above Grade Finished Area: 1,682 PSF Total: $306 PSF Finished: $306 PSF Above Grade: $306 Basement: Crawl Space Bsmnt Ceiling Ht: Foundation: Concrete Perimeter Fireplace: 1/Gas Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Ceiling Fan(s), Eat-in Kitchen, High Speed Internet, Kitchen Island, Laminate Counters, Open Floorplan, Pantry, Radon Mitigation System, Vaulted Ceiling(s), Walk-In Closet(s) Appliances: Dishwasher, Microwave, Range Flooring: Carpet, Vinyl, Wood Exclusions: sellers personal property Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 2 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $40.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Recycling, Trash Assoc Amenities: Pool Senior Community: No Restriction Covenants: Other Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.15 Acres / 6,480 SqFt Waterfront Feat: Lot Features: Greenbelt, Landscaped, Sprinklers In Front, Sprinklers In Rear Elementary School: Turnberry / School District 27-J Bldg/Complex Name: Middle/Junior Sch: Otho Stuart / School District 27-J High School: Prairie View / School District 27-J Building & Water Information Architectural Style: Contemporary Entry Level/Loc: Common Walls: No Common Walls Direction Faces: South View: Mountain(s) Construction Materials: Frame Roof: Composition Exterior Features: Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Impeccable South Facing Ranch That Sides & Backs Greenbelt With Mountain Views!! Plantation Shutters / Kitchen Island / Pantry / Hardwood Floors / Two Sided Gas Fireplace / Fresh Exterior Paint / New 6" Gutters & 4" Downspouts / Ceiling Fans / 6 Panel Doors / Main Floor Office With Double Doors Could Be 3rd Bedroom / Vaulted Master Bedroom Ceiling / Dual Sinks / Walk-In Closet / Main Floor Laundry...

Confidential Information Private Remarks: Showings through Broker Bay Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8% Contract Earnest Check To: homestead title Possession: Close Plus 5 to 30 Days Contract Min Earnest: $5,000 Listing Terms: Cash, Conventional, FHA, VA Loan Title Company: homestead title Ownership: Individual Showing Information Showing Service: Showing Contact Phone: Showing Instructions:

BrokerBay Show Email: showings start 5-27-22 through Broker Bay Icon

List Agent: Galo Garrido List Office: RE/MAX PROFESSIONALS Email: Galo@GaloGarridoGroup.com Co List Agent: Grace Baxter Co List Office: RE/MAX PROFESSIONALS Email:

No Showings Until: 05/27/22

List Agent Phone: 303-322-7653 Mobile: 303-910-0549 Phone: 720-980-4990 Mobile:

grace@galogarridogroup.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 06/02/2022 4:04:29 PM

16209 E 105th Way, Commerce City, CO 80022

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$515,000 - Pending

10481 Olathe Way, Commerce City, CO 80022 (Status: Closed, Listing ID: 7216798) Close Price: $510,000 County: Adams List Price: $429,900 Property Type: Residential Original List Price: $429,900 Property Subtype: Single Family Residence Levels: One Basement: Yes Structure Type: House Year Built: 2003 Subdivision Name: Reunion Listing Contract Date: 11/12/2021 Purchase Contract Date: 11/16/2021 Contingency: None Known Close Date (DIM): 12/10/2021 Days In MLS: 4 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $438.00 Tax Annual Amt: $5,243 Tax Year: 2020 Tax Legal Desc: SUB:REUNION FILING NO 2 LOT:150 Interior Area & SqFt Building Area Total (SqFt Total): 2,772 Living Area (SqFt Finished): 1,572 Above Grade Finished Area: 1,572 Below Grade Total Area: 1,200 Below Grade Finished Area: 0 Below Grade Unfinished Area: 1,200 PSF Total: $184 PSF Finished: $324 PSF Above Grade: $324 Basement: Full, Sump Pump, Unfinished Bsmnt Ceiling Ht: Foundation: Structural Fireplace: Heating: Forced Air Cooling: Central Air, Other HVAC Description: Interior Features: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Five Piece Bath, High Ceilings, Kitchen Island, Primary Suite, Pantry, Quartz Counters, Smoke Free, Walk-In Closet(s) Appliances: Dishwasher, Disposal, Microwave, Oven Flooring: Carpet, Tile, Wood Exclusions: Sellers personal property and any staging furniture Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 2 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $109.50 Quarterly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Maintenance Grounds, Snow Removal Assoc Amenities: Clubhouse, Fitness Center, Playground, Pool, Trail(s) Senior Community: No Restriction Covenants: Other Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.12 Acres / 5,075 SqFt Waterfront Feat: Elementary School: Turnberry / School District 27-J Bldg/Complex Name: Middle/Junior Sch: Otho Stuart / School District 27-J High School: Prairie View / School District 27-J Building & Water Information Architectural Style: Traditional Entry Level/Loc: Common Walls: No Common Walls Direction Faces: East View: Construction Materials: Frame, Stone, Wood Siding Roof: Composition Exterior Features: Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Beautiful and newly updated home in Reunion! Come check out this great property tucked away on a quiet street near parks, trails and plenty of amenities. As you enter through the lovely foyer area you'll notice the high, soaring ceilings, freshly stained wood floors, and new carpet throughout this bright and open floor plan. The kitchen and living room space has plenty of room for entertaining ...

Confidential Information Private Remarks: ***Multiple offers received. Please send highest and best by 6pm Monday (11/15) with at least 24 hours for acceptance. All information deemed reliable but not guaranteed. Buyer and buyer's broke to verify all information including HOA. Corporate sellers are an out of state company and have never occupied the property. Sellers are providing sellers disclosure addendum (in supplements) in lieu of Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.5%

List Agent: Alex Swanson List Office: West and Main Homes Inc Email:

alex@westandmainhomes.com

Buyer Agent: Steven Cerese Buyer Office: Five Four Real Estate, LLC Email:

steve@cohomeorinvest.com

Concessions: No Buyer Financing: Conventional

List Agent Phone: 720-833-1903 Mobile: 720-833-1903 Buyer Agent Phone: 303-590-8537 Mobile: 303-590-8537 Close Information

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 06/02/2022 4:04:29 PM

10481 Olathe Way, Commerce City, CO 80022

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$510,000 - Closed

10490 Kittredge Street, Commerce City, CO 80022 (Status: Closed, Listing ID: 5086432) Close Price: $470,000 County: Adams List Price: $474,900 Property Type: Residential Original List Price: $474,900 Property Subtype: Single Family Residence Levels: One Basement: No Structure Type: House Year Built: 2006 Subdivision Name: Buffalo Mesa Sub Filing 1 Listing Contract Date: 11/19/2021 Purchase Contract Date: 12/09/2021 Contingency: None Known Close Date (DIM): 12/28/2021 Days In MLS: 6 Association: Y Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $480.00 Tax Annual Amt: $3,998 Tax Year: 2020 Tax Legal Desc: SUB:BUFFALO MESA SUBD FILING NO 1 BLK:18 LOT:5 Interior Area & SqFt 1,643 Living Area (SqFt Finished): 1,643 Above Grade Finished Area: 1,643 $286 PSF Finished: $286 PSF Above Grade: $286 Fireplace: 1/Living Room

Building Area Total (SqFt Total): PSF Total: Foundation: Heating: Forced Air Cooling: Central Air HVAC Description: Appliances: Dishwasher, Microwave, Range Flooring: Carpet, Tile Furnished: Unfurnished Exclusions: Electronic deadbolt lock, smart home equipment attached to the Real Property (e.g., cellular hub or sensors) Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 2 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $40.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Assoc Amenities: Senior Community: No Restriction Covenants: Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.19 Acres / 8,122 SqFt Waterfront Feat: Elementary School: Turnberry / School District 27-J Bldg/Complex Name: Middle/Junior Sch: Otho Stuart / School District 27-J High School: Prairie View / School District 27-J Building & Water Information Construction Materials: Frame Roof: Composition Exterior Features: Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Build memories in this stunning 3 bedroom, 2 bathroom home located in beautiful Commerce City! Upon entering, you will immediately notice the thoughtful floor plan that guides you back to the shared spaces. The spacious living room features large windows to allow natural light to cascade in and a cozy fireplace to escape those chilly nights. Delight your inner chef by preparing a meal in this eat-...

Confidential Information Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.5%

List Agent: Austin Edwards List Office: Zillow Homes, LLC Email:

offers-den@zillow.com

Buyer Agent: Matt Comneck Buyer Office: LoKation Real Estate Email:

mattcomneck@kcorealty.com

Concessions: Cash, $3,500 Buyer Financing: Conventional

List Agent Phone: 720-213-3559 Mobile: 720-213-3559 Buyer Agent Phone: 979-997-9969 Mobile: 979-997-9969 Close Information

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 06/02/2022 4:04:29 PM

10490 Kittredge Street, Commerce City, CO 80022

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$470,000 - Closed

Map of Property Locations

16707 E 102nd Place, Commerce City, CO 80022 Listing Id: 8021840 Status: Pending 05/30/22 Price: $560,000 1 Subtype: SFR Ttl SqFt: 2,845 Bd/Bth: 3/2 Show #: 888-808-0331 15867 E 107th Way, Commerce City, CO 80022 Listing Id: 9069096 Status: Closed 12/13/21 Price: $535,000 3 Subtype: SFR Ttl SqFt: 2,238 Bd/Bth: 3/2 Show #: 800-746-9464 10481 Olathe Way, Commerce City, CO 80022 Listing Id: 7216798 Status: Closed 12/10/21 Price: $510,000 5 Subtype: SFR Ttl SqFt: 2,772 Bd/Bth: 3/2 Show #: 3035737469

10982 Memphis Street, Commerce Listing Id: Status: Price: Subtype: 2 Ttl SqFt: Bd/Bth: Show #:

City, CO 80022 1955486 Closed 02/04/22 $547,000 SFR 3,811 3/2 303-900-3550

16209 E 105th Way, Commerce City, CO 80022 Listing Id: 6391065 Status: Pending 05/31/22 Price: $515,000 Subtype: SFR 4 Ttl SqFt: 1,682 Bd/Bth: 2/2 Show #: 10490 Kittredge Street, Commerce City, CO 80022 Listing Id: 5086432 Status: Closed 12/28/21 Price: $470,000 Subtype: SFR 6 Ttl SqFt: 1,643 Bd/Bth: 3/2 Show #:

This search was narrowed to a specific set of Properties. Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 06/02/2022 to 12/04/2021 Levels is 'One' Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' Latitude, Longitude is within 0.59 mi of 16093 E 105th Ct, Commerce City, CO 80022, USA

Residential Pending Properties Listing ID Address

City

6391065 16209 E 105th WAY

Commerce City Commerce City Count: 2

8021840 16707 E 102nd PL

Bds

Bths

Abv

Ttl

Fin

Pending

PSF Abv

PSF Ttl

2

2

1,682

1,682

1,682

05/31/22

$306

$306

$306

5

515,000

$515,000

3

2

1,816

2,845

1,816

05/30/22

$308

$197

$308

11

560,000

$560,000

Averages:

1,749

2,264

1,749

$307

$252

$307

8

$537,500

$537,500

High $560,000

List Price:

Low $515,000

PSF Fin DIM Orig Price

List Price

Median $537,500

Closed Properties Listing ID Address

City

5086432 10490 Kittredge ST

Commerce City Commerce City Commerce City Commerce City Count: 4

7216798 10481 Olathe WAY 9069096 15867 E 107th WAY 1955486 10982 Memphis ST

Bds

Bths

Abv

Ttl

Fin

Close

PSF Abv

PSF Ttl

List Price Close Price

CP/OLP

3

2

1,643

1,643

1,643

12/28/21

$286

$286

$286

6

474,900

$474,900 $470,000

99%

3

2

1,572

2,772

1,572

12/10/21

$324

$184

$324

4

429,900

$429,900 $510,000

119%

3

2

1,629

2,238

1,629

12/13/21

$328

$239

$328

2

495,000

$495,000 $535,000

108%

3

2

1,977

3,811

1,977

02/04/22

$277

$144

$277

63

620,600

$575,000 $547,000

88%

Averages:

1,705

2,616

1,705

$304

$213

$304

19

$505,100

$493,700 $515,500

103%

Orig Price $515,900

List Price Close Price $508,300 $515,500

CP/OLP 103 %

Closed Price:

Report Totals

Presented By: Mitch Helfer Generated on: 06/02/2022

Count : 6

Averages:

High $547,000

SqFt Abv 1,720

SqFt Ttl 2,499

Low $470,000 Sqft Fin 1,720

PSF Abv $ 305

PSF Fin DIM Orig Price

Median $522,500 PSF Ttl

$226

All data deemed reliable but not guaranteed.

Copyright REcolorado © 2022. All rights reserved.

REcolorado.com

PSF Fin $305

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 first two weeks of marketing are crucial.

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)

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.

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