Dave & Ann Renner are delighted to present this Market Analysis for Claire and Jim Skinner 6625 George Washington Way-Georgetown May 5, 2023 Active Pending Sold (list $) Sold (sold $) Total # of Listings 4 1 5 5 Low Price $8,785,000 $8,295,000 $8,750,000 $8,750,000 High Price $15,900,000 $8,295,000 $16,500,000 $15,900,000 Avg. Price $10,650,500 $8,295,000 $10,390,000 $10,270,400 % Reduction off list 99% Days on Market 111 47 Average Price/SqFt. $1,946 $1,640 $1,754 $1,734 Skinner home - 6,051 SF under air $11,775,246 $9,923,640 $10,613,454 $10,492,434 Adjusted Averages $14,874,000 $11,435,000 $12,845,600 $12,726,000 Weighted Average (adj) $12,776,320 Suggested List and Sales Price List: $11,900,000-$12,775,000 Sale:$11,000,000-$12,500,000
Selling Net Out for Claire and Jim Skinner
6625
Price affects volume
Time affects sales price
May 5, 2023 Sales Price $ 11,000,000 $ 12,000,000 $ 12,500,000 Sales Commission-2.0% Listing Side $ 220,000 $ 240,000 $ 250,000 Sales Commission-2.0% Selling Side $ 220,000 $ 240,000 $ 250,000 State Documentary Stamp On Deed $ 77,000 $ 84,000 $ 87,500 ($.70 per $100) Closing Agent Fees/Document Prep $ 2,500 $ 2,500 $ 2,500 Owner's Title Insurance $ 28,325 $ 30,325 $ 31,325 Overnight Delivery Fees $ 100 $ 100 $ 100 Credit to Buyer in Lieu of Title Abstract $ - $ - $Estoppel Letters From HOA $ 100 $ 100 $ 100 Balance Due Seller $ 10,451,975 $ 11,402,975 $ 11,878,475
Other
Payoff of
and
Mortgages Homeowner Association Dues
County
George Washington Way
Less
Expenses Including:
1st
2nd
Prorated
Taxes Prorated
Notes for The Skinners: