at Keller Williams Integrity
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Arvada, CO
This week the median list price for Arvada, CO is $750,000 with the market action index hovering around 88. This is an increase over last month's market action index of 84. Inventory has increased to 65.
Real-Time Market Profile Median List Price
$750,000
Market Action Index
Median Price of New Listings
$650,000
This answers “How’s the Market?” by comparing rate of sales versus
Per Square Foot
$293
Average Days on Market
69
Median Days on Market
7
Price Decreased
25%
Price Increased
3%
Relisted
17%
Inventory
65
Median Rent
$1,901
Market Action
88
inventory. 50
40
Buyer's Market
60
Seller's Market
70
100
10 0
on
88
90
M
ay Tod th
Las t
80
20
30
Strong Seller's Market Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
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
$1,364,415
2,454
1 - 2.5 acres
3
2.5
63
3
3
168
$880,000
2,901
0.25 - 0.5 acre
4
2.5
60
5
6
10
$678,500
2,688
6,500 - 8,000 sqft
3
3
51
9
9
0
$600,000
2,125
6,500 - 8,000 sqft
4
3
58
12
15
0
Sun Mar 27 2022
2 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Arvada, CO
Median List Price
The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend. $1.2M
$1.0M
$800K
$600K
$400K Mar 2019
Aug 2019
Dec 2019
Apr 2020
Aug 2020
7-Day Average
Dec 2020
Apr 2021
Aug 2021
Dec 2021
90-Day Average
Segments
Prices in most of the market have stabilized recently. Only Quartile 4 shows any price increases in the last few weeks. Often this condition happens in markets where demand has fallen (for example, due to micro-location variables) but supply is still relatively short. Buyers are focusing on the lowest price homes in the area. $2.5M
$2.0M
$1.5M
$1.0M
$500K
$0 Mar 2019
Aug 2019
Dec 2019
Top 90-Day
Apr 2020
Aug 2020
Upper 90-Day
Dec 2020
Lower 90-Day
Sun Mar 27 2022
Apr 2021
Aug 2021
Dec 2021
Bottom 90-Day
3 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Arvada, CO
Price Per Square Foot
The value placed on homes continues to increase, despite the fact that prices in general have been basically flat recently. These conditions can arise when inventory is light and more, smaller homes have more influence on overall prices. $400
$350
$300
$250
$200
$150 Mar 2019
Aug 2019
Dec 2019
Apr 2020
Aug 2020
7-Day Average
Dec 2020
Apr 2021
Aug 2021
Dec 2021
90-Day Average
Inventory
Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply. 300
250
200
150
100
50
0 Mar 2019
Aug 2019
Dec 2019
Apr 2020
Aug 2020
7-Day Average
Dec 2020
Apr 2021
Aug 2021
Dec 2021
90-Day Average
Sun Mar 27 2022
4 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Arvada, CO
Market Action Index
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues. 120
100
80
60
40
20 Mar 2019
Aug 2019
Dec 2019
Apr 2020
Aug 2020
7-Day Average
Dec 2020
Apr 2021
Aug 2021
Dec 2021
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
20 Mar 2019
Aug 2019
Dec 2019
Top 90-Day
Apr 2020
Aug 2020
Upper 90-Day
Dec 2020
Lower 90-Day
Sun Mar 27 2022
Apr 2021
Aug 2021
Dec 2021
Bottom 90-Day
5 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Arvada, CO
Median Days on Market (DOM)
The properties have been on the market for an average of 97 days. Half of the listings have come newly on the market in the past 43 or so days. Watch the 90-day DOM trend for signals of a changing market. 125
100
75
50
25
0 Mar 2019
Aug 2019
Dec 2019
Apr 2020
Aug 2020
7-Day Average
Dec 2020
Apr 2021
Aug 2021
Dec 2021
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. 400
300
200
100
0 Mar 2019
Aug 2019
Dec 2019
Top 90-Day
Apr 2020
Aug 2020
Upper 90-Day
Dec 2020
Lower 90-Day
Sun Mar 27 2022
Apr 2021
Aug 2021
Dec 2021
Bottom 90-Day
6 of 6
21205 E 59th Pl, Aurora, CO 80019-2244, Adams County APN: R0196118
CLIP: 1016993598
Beds N/A
Baths N/A
Sale Price $433,110
Sale Date 07/27/2021
Bldg Sq Ft N/A
Lot Sq Ft 2,720
Yr Built N/A
Type RES-NEC
OWNER INFORMATION
Owner Name
Attar Mayssaa
Mailing ZIP 4
2911
Mailing Address
57 Shadowbrook
Mailing Carrier Route
C033
Mailing City & State
Irvine, CA
Owner Occupied
No
Mailing Zip
92604
LOCATION INFORMATION
Property Zip
80019
High School
Vista Peak
Property Zip4
2244
Subdivision
Painted Prairie
Property Carrier Route
R093
Census Tract
83.53
School District
Adams-Arapahoe 28j
Neighborhood Code
Aurora East-620
Elementary School
Vista Peak
Block
20
Middle School
Vista Peak
Lot
29
PIN
R0196118
Schedule Number
R0196118
Alternate PIN
1821-11-4-04-004
Tax District
674
Legal Description
PAINTED PRAIRIE SUBD FLG NO 1 BLK 20 LOT 29
TAX INFORMATION
ASSESSMENT & TAX
Assessment Year
2021 - Preliminary
2020
2019
2018
Market Value - Land
$63,685
$34,466
$8,616
$32
Market Value - Total
$63,685
$34,466
$8,616
$32
Assessed Value - Land
$18,470
$10,000
$2,500
$10
Assessed Value - Total
$18,470
$10,000
$2,500
$10
YOY Assessed Change (%)
84.7%
300%
24,900%
YOY Assessed Change ($)
$8,470
$7,500
$2,490
Tax Year
Total Tax
2019
$483
2020
$1,935
Change ($)
Change (%)
$1,452
300.44%
CHARACTERISTICS
Lot Acres
0.0624
Land Use - County
Vacant Resid
Lot Sq Ft
2,720
Land Use - CoreLogic
Residential (NEC)
Rating
Low
Value As Of
2022-03-20 04:33:00
Sell Score
466
SELL SCORE
LAST MARKET SALE & SALES HISTORY
Sale Date
07/27/2021
Deed Type
Special Warranty Deed
Sale Price
$433,110
Owner Name
Attar Mayssaa
Document Number
91170
Seller
Kb Home Colorado Inc
Sale Date
07/27/2021
Sale Price
$433,110
Buyer
Attar Mayssaa
Seller
Kb Home Colorado Inc
Document Number
91170
Document Type
Special Warranty Deed
Title Company
First American Title Insurance
Property Details
Courtesy of Leolani Kaan, 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: 03/27/22 Page 1/2
PROPERTY MAP
*Lot Dimensions are Estimated
Property Details
Courtesy of Leolani Kaan, 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: 03/27/22 Page 2/2
Map of Property Locations
6028 N Nepal Street, Aurora, CO 80019 Listing Id: 5359720 Status: Pending 10/25/21 Price: $589,365 1 Subtype: SFR Ttl SqFt: 1,736 Bd/Bth: 2/3 Show #: 3037983742 21344 E 59th Drive, Aurora, CO 80019 Listing Id: 8110898 Status: Pending 12/27/21 Price: $614,000 3 Subtype: SFR Ttl SqFt: 2,759 Bd/Bth: 3/3 Show #:
6045 N Nepal Street, Aurora, CO 80019 Listing Id: 7181110 Status: Pending 11/16/21 Price: $609,000 Subtype: SFR 2 Ttl SqFt: 2,759 Bd/Bth: 3/3 Show #: 21364 E 59th Drive, Aurora, CO 80019 Listing Id: 3363720 Status: Pending 11/16/21 Price: $623,500 Subtype: SFR 4 Ttl SqFt: 3,048 Bd/Bth: 3/3 Show #:
6043 N Nepal Street, Aurora, CO 80019 Listing Id: 4245592 Status: Pending 10/12/21 Price: $630,500 5 Subtype: SFR Ttl SqFt: 3,378 Bd/Bth: 3/3 Show #: 21291 E 60th Avenue, Aurora, CO Listing Id: Status: Price: 7 Subtype: Ttl SqFt: Bd/Bth: Show #:
80019 8860028 Closed 11/24/21 $545,000 MLF 2,433 3/3 303-323-1198
21371 E 60th Avenue, Aurora, CO Listing Id: Status: Price: Subtype: 6 Ttl SqFt: Bd/Bth: Show #:
80019 6816237 Closed 03/17/22 $510,000 SFR 1,494 2/3 303-573-7469
6055 N Nepal Street, Aurora, CO 80019 Listing Id: 6330018 Status: Closed 12/10/21 Price: $614,686 Subtype: SFR 8 Ttl SqFt: 2,759 Bd/Bth: 3/3 Show #:
Broker 1 Page 6028 N Nepal Street, Aurora, CO 80019 (Status: Pending, Listing ID: 5359720) County: Adams List Price: $589,365 Property Type: Residential Original List Price: $577,695 Property Subtype: Single Family Residence Levels: Two Basement: No Structure Type: House Year Built: 2021 Subdivision Name: Painted Prairie Listing Contract Date: 06/08/2021 Purchase Contract Date: 10/25/2021 Contingency: None Known Days In MLS: 6 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $1,020.00 Tax Annual Amt: $7,000 Tax Year: 2021 Tax Legal Desc: Painted Prairie Subdivision Filing no. 01 Lot 020 Block 07 Interior Area & SqFt Building Area Total (SqFt Total): 1,736 Living Area (SqFt Finished): 1,736 Above Grade Finished Area: 1,736 PSF Total: $340 PSF Finished: $340 PSF Above Grade: $340 Basement: Crawl Space, Sump Pump Bsmnt Ceiling Ht: Foundation: Slab Fireplace: 1/Living Room Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Eat-in Kitchen, Granite Counters, Kitchen Island, Primary Suite, Open Floorplan, Pantry, Quartz Counters, Smart Lights, Smart Thermostat, Smoke Free, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Data Appliances: Cooktop, Dishwasher, Disposal, Microwave, Oven, Self Cleaning Oven, Sump Pump, Tankless Water Heater Flooring: Carpet, Laminate, Tile Exclusions: None Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 3 Baths Full: 1 Baths Three Quarter: 1 Baths Half: 0 Baths One Quarter: 1 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $85.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Maintenance Grounds, Recycling, Snow Removal, Trash Assoc Amenities: Garden Area, Park, Playground, Trail(s) Senior Community: No Restriction Covenants: Commercial Pets Allowed: Cats OK, Dogs OK Rentals Allowed: Long Term Vehicle Restrictions Site & Location Information Lot Size: 0.08 Acres / 3,440 SqFt Waterfront Feat: Lot Features: Greenbelt, Irrigated, Landscaped, Master Planned, Near Public Transit, Sprinklers In Front Horse: No Ski Features: Elementary School: Vista Peak / Adams-Arapahoe 28J Bldg/Complex Name: Middle/Junior Sch: Vista Peak / Adams-Arapahoe 28J High School: Vista Peak / Adams-Arapahoe 28J Building & Water Information Architectural Style: Contemporary, Mid-Century Modern Entry Level/Loc: Common Walls: No Common Walls Unit Count: Construction Materials: Frame Roof: Unknown Exterior Features: Balcony, Lighting, Private Yard, Rain Gutters, Smart Irrigation Water Included: No Water Source: Public Sewer: Public Sewer Public Remarks Walk in and experience the angled ARCHITECTURE with an open concept floor plan that boasts 10' ceilings on main level and 9' ceilings on upper level and 8' doors standard throughout! Full wall of WINDOWS from floor to ceiling! SPACIOUS living room that opens to the kitchen! Gorgeously appointed kitchen with STUNNING Bosch gourmet appliances. Relax in the exquisite MASTER SUITE and enjoy a glass of... Confidential Information Private Remarks: 3% co-op on base price. Builder's contract. **This home is UNDER CONSTRUCTION with a ballpark completion date of MARCH/ APRIL 2022** Buyer Agency Comp: 3% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 3% Contract Earnest Check To: Epic Homes Possession: Closing/DOD Contract Min Earnest: $10,000 Listing Terms: Cash, Conventional, FHA, Other, VA Loan Title Company: Heritage Title Ownership: Builder Showing Information Showing Contact Phone: Showing Instructions:
3037983742 Show Email: brichardson@liveepichomes.com No Showings Until: Our online sales agent, Brittney Richardson, will set up showings for this property. Please email or call to set up a showing. You can contact Brittney at (303) 798-3742 or by email at brichardson@liveepichomes.com
List Agent: Christina D Presley List Office: Epic Homes Email:
List Agent Phone: 303-798-3742 Mobile: 303-798-3742
cpresley@liveepichomes.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 03/27/2022 9:23:54 AM
Full Property View
6028 N Nepal Street, Aurora, CO 80019
----
$589,365 - Pending
6045 N Nepal Street, Aurora, CO 80019 (Status: Pending, Listing ID: 7181110) County: Adams Base Price: $609,000 Property Type: Residential Original List Price: $594,000 Property Subtype: Single Family Residence Levels: Two Basement: Yes Structure Type: House Year Built: 2021 Subdivision Name: Painted Prairie Listing Contract Date: 06/14/2021 Purchase Contract Date: 11/16/2021 Contingency: None Known Days In MLS: 97 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $948.00 Tax Annual Amt: $484 Tax Year: 2020 Tax Legal Desc: PAINTED PRAIRIE SUBD FLG NO 1 BLK 6 LOT 14 Interior Area & SqFt Building Area Total (SqFt Total): 2,759 Living Area (SqFt Finished): 2,759 Above Grade Finished Area: 2,132 Below Grade Total Area: 627 Below Grade Finished Area: 627 Below Grade Unfinished Area: 0 PSF Total: $221 PSF Finished: $221 PSF Above Grade: $286 Basement: Bath/Stubbed, Partial, Sump Pump, Bsmnt Ceiling Ht: Unfinished Foundation: Concrete Perimeter, Slab Fireplace: Heating: Forced Air, Solar Cooling: Central Air HVAC Description: Interior Features: Five Piece Bath, Kitchen Island, Primary Suite, Open Floorplan, Pantry, Quartz Counters, Radon Mitigation System, Smart Thermostat, Smoke Free Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Range Hood, Sump Pump, Tankless Water Heater Flooring: Carpet, Tile, Vinyl Exclusions: Washer, Dryer, and Window Coverings Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 3 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $79.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Capital Reserves, Recycling, Trash Assoc Amenities: Senior Community: No Restriction Covenants: Other Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.08 Acres / 3,400 SqFt Waterfront Feat: Elementary School: Vista Peak / Adams-Arapahoe 28J Bldg/Complex Name: Middle/Junior Sch: Vista Peak / Adams-Arapahoe 28J High School: Vista Peak / Adams-Arapahoe 28J Building & Water Information Construction Materials: Frame Roof: Composition Exterior Features: Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Brand New home by McStain Neighborhoods! Beautiful home with 3 bedrooms, optional loft, study/flex space, mudroom, dining room, living room. Large Kitchen has center island, quartz countertops, pantry, stainless steel appliances including gas range, microwave, dishwasher and disposal. Designer finishes include Luxury Vinyl Plank flooring throughout the main floor, flat panel Tharp Cabinetry with s... Confidential Information Private Remarks: 2.8% commission is on base price of the home. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8% Contract Earnest Check To: Land Title Possession: Closing/DOD Contract Min Earnest: $10,000 Listing Terms: Cash, Conventional, FHA, VA Loan Title Company: Land Title Ownership: Builder Showing Information Showing Instructions:
Under construction. Ready for move-in March 2022. See the sales office at 21511 E 60th to see this home. 2.8% is off the base price of home. List Agent List Agent: Danielle Davis Phone: 303-815-8633 List Office: First Summit Realty Mobile: 303-815-8633 Email:
Danielle@FirstSummitRealty.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 03/27/2022 9:23:55 AM
Full Property View
6045 N Nepal Street, Aurora, CO 80019
----
$609,000 - Pending
21344 E 59th Drive, Aurora, CO 80019 (Status: Pending, Listing ID: 8110898) County: Adams Base Price: $614,000 Property Type: Residential Original List Price: $620,500 Property Subtype: Single Family Residence Levels: Two Basement: Yes Structure Type: House Year Built: 2021 Subdivision Name: Painted Prairie Listing Contract Date: 09/13/2021 Purchase Contract Date: 12/27/2021 Contingency: None Known Days In MLS: 105 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $948.00 Tax Annual Amt: $1,935 Tax Year: 2020 Tax Legal Desc: PAINTED PRAIRIE SUBD FLG NO 1 BLK 20 LOT 5 Interior Area & SqFt Building Area Total (SqFt Total): 2,759 Living Area (SqFt Finished): 2,132 Above Grade Finished Area: 2,132 Below Grade Total Area: 627 Below Grade Finished Area: 0 Below Grade Unfinished Area: 627 PSF Total: $223 PSF Finished: $288 PSF Above Grade: $288 Basement: Bath/Stubbed, Partial, Sump Pump, Bsmnt Ceiling Ht: Unfinished Foundation: Concrete Perimeter, Slab Fireplace: Heating: Forced Air, Solar Cooling: Central Air HVAC Description: Interior Features: Five Piece Bath, High Ceilings, Kitchen Island, Primary Suite, Open Floorplan, Pantry, Quartz Counters, Radon Mitigation System, Smart Thermostat, Smoke Free, Walk-In Closet(s) Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator Flooring: Carpet, Tile, Vinyl Exclusions: Washer, Dryer, and Window Coverings Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 3 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $79.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Capital Reserves, Irrigation Water, Recycling, Trash Assoc Amenities: Park, Playground Senior Community: No Restriction Covenants: Other Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.09 Acres / 3,774 SqFt Waterfront Feat: Elementary School: Vista Peak / Adams-Arapahoe 28J Bldg/Complex Name: Middle/Junior Sch: Vista Peak / Adams-Arapahoe 28J High School: Vista Peak / Adams-Arapahoe 28J Building & Water Information Direction Faces: Northeast View: Construction Materials: Frame Roof: Composition Exterior Features: Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Brand New home by McStain Neighborhoods! Beautiful home with 3 bedrooms, loft, study/flex space, mudroom, dining room, living room. Large Kitchen has center island, quartz countertops, pantry, stainless steel appliances including gas range, microwave, dishwasher and disposal. Designer finishes include Luxury Vinyl Plank flooring throughout the main floor, flat panel cabinetry with soft-close doors... Confidential Information Private Remarks: Under construction. Ready for move-in Spring 2022. See the sales office at 21511 E 60th to see this home. 2.8% is off the base price of home. Pricing is for the base price and does not reflect any options already added to the home. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8% Contract Earnest Check To: Land Title Possession: Closing/DOD Contract Min Earnest: $10,000 Listing Terms: Cash, Conventional, FHA, VA Loan Title Company: Land Title Ownership: Builder Showing Information Showing Instructions:
2.8% is off base price of home. New build. Under construction. Ready for move-in Spring 2022. Call the sales team to see this home. 303-665-8200. Pricing is for the base price and does not reflect any options already added to the home. List Agent List Agent: Danielle Davis Phone: 303-815-8633 List Office: First Summit Realty Mobile: 303-815-8633 Email:
Danielle@FirstSummitRealty.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 03/27/2022 9:23:55 AM
Full Property View
21344 E 59th Drive, Aurora, CO 80019
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$614,000 - Pending
21364 E 59th Drive, Aurora, CO 80019 (Status: Pending, Listing ID: 3363720) County: Adams Base Price: $623,500 Property Type: Residential Original List Price: $623,500 Property Subtype: Single Family Residence Levels: Two Basement: Yes Structure Type: House Year Built: 2021 Subdivision Name: Painted Prairie Listing Contract Date: 09/10/2021 Purchase Contract Date: 11/16/2021 Contingency: None Known Days In MLS: 67 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $948.00 Tax Annual Amt: $1,935 Tax Year: 2020 Tax Legal Desc: PAINTED PRAIRIE SUBD FLG NO 1 BLK 20 LOT 4 Interior Area & SqFt Building Area Total (SqFt Total): 3,048 Living Area (SqFt Finished): 2,187 Above Grade Finished Area: 2,187 Below Grade Total Area: 861 Below Grade Finished Area: 0 Below Grade Unfinished Area: 861 PSF Total: $205 PSF Finished: $285 PSF Above Grade: $285 Basement: Bath/Stubbed, Partial, Sump Pump, Bsmnt Ceiling Ht: Unfinished Foundation: Concrete Perimeter, Slab Fireplace: Heating: Forced Air, Solar Cooling: Central Air HVAC Description: Interior Features: Five Piece Bath, High Ceilings, Kitchen Island, Primary Suite, Open Floorplan, Pantry, Quartz Counters, Radon Mitigation System, Smart Thermostat, Smoke Free, Walk-In Closet(s) Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Range Hood, Sump Pump Flooring: Carpet, Tile, Vinyl Exclusions: Washer, Dryer, and Window Coverings Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 3 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $79.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Capital Reserves, Irrigation Water, Recycling, Sewer, Trash Assoc Amenities: Park, Playground Senior Community: No Restriction Covenants: Other Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.08 Acres / 3,570 SqFt Waterfront Feat: Elementary School: Vista Peak / Adams-Arapahoe 28J Bldg/Complex Name: Middle/Junior Sch: Vista Peak / Adams-Arapahoe 28J High School: Vista Peak / Adams-Arapahoe 28J Building & Water Information Direction Faces: Northeast View: Construction Materials: Frame Roof: Composition Exterior Features: Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Brand New home by McStain Neighborhoods! Beautiful home with 3 bedrooms, loft, study/flex space, mudroom, dining room, living room. Large Kitchen has center island, quartz countertops, pantry, stainless steel appliances including gas range, microwave, dishwasher and disposal. Designer finishes include Luxury Vinyl Plank flooring throughout the main floor, flat panel Tharp Cabinetry with soft-close... Confidential Information Private Remarks: 2.8% commission is off base price of home. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8% Contract Earnest Check To: Land Title Possession: Closing/DOD Contract Min Earnest: $10,000 Listing Terms: Cash, Conventional, FHA, VA Loan Title Company: Land Title Ownership: Builder Showing Information Showing Instructions:
New build. Under construction. Will be ready for move in March 2022. Call the sales team to see this home. 303665-8200 List Agent List Agent: Danielle Davis Phone: 303-815-8633 List Office: First Summit Realty Mobile: 303-815-8633 Email:
Danielle@FirstSummitRealty.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 03/27/2022 9:23:55 AM
Full Property View
21364 E 59th Drive, Aurora, CO 80019
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$623,500 - Pending
6043 N Nepal Street, Aurora, CO 80019 (Status: Pending, Listing ID: 4245592) County: Adams Base Price: $630,500 Property Type: Residential Original List Price: $630,500 Property Subtype: Single Family Residence Levels: Two Basement: Yes Structure Type: House Year Built: 2021 Subdivision Name: Painted Prairie Listing Contract Date: 09/13/2021 Purchase Contract Date: 10/12/2021 Contingency: None Known Days In MLS: 29 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $948.00 Tax Annual Amt: $484 Tax Year: 2020 Tax Legal Desc: PAINTED PRAIRIE SUBD FLG NO 1 BLK 6 LOT 15 Interior Area & SqFt Building Area Total (SqFt Total): 3,378 Living Area (SqFt Finished): 2,499 Above Grade Finished Area: 2,499 Below Grade Total Area: 879 Below Grade Finished Area: 0 Below Grade Unfinished Area: 879 PSF Total: $187 PSF Finished: $252 PSF Above Grade: $252 Basement: Bath/Stubbed, Partial, Sump Pump, Bsmnt Ceiling Ht: Unfinished Foundation: Concrete Perimeter, Slab Fireplace: Heating: Forced Air, Solar Cooling: Central Air HVAC Description: Interior Features: Five Piece Bath, High Ceilings, Kitchen Island, Primary Suite, Open Floorplan, Pantry, Quartz Counters, Radon Mitigation System, Smart Thermostat, Smoke Free, Walk-In Closet(s) Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator Flooring: Carpet, Tile, Vinyl Exclusions: Washer, Dryer, Window Coverings. Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 3 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $79.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Capital Reserves, Irrigation Water, Recycling, Trash Assoc Amenities: Park, Playground Senior Community: No Restriction Covenants: Other Pets Allowed: Yes Rentals Allowed: Site & Location Information Lot Size: 0.08 Acres / 3,400 SqFt Waterfront Feat: Elementary School: Vista Peak / Adams-Arapahoe 28J Bldg/Complex Name: Middle/Junior Sch: Vista Peak / Adams-Arapahoe 28J High School: Vista Peak / Adams-Arapahoe 28J Building & Water Information Architectural Style: Mid-Century Modern Direction Faces: East View: Construction Materials: Frame Roof: Composition Exterior Features: Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Brand New home by McStain Neighborhoods! Beautiful home with 3 bedrooms, loft, study/flex space, mudroom, dining room, living room. Large Kitchen has center island, quartz countertops, pantry, stainless steel appliances including gas range, microwave, dishwasher and disposal. Designer finishes include Luxury Vinyl Plank flooring throughout the main floor, flat panel cabinetry with soft-close doors... Confidential Information Private Remarks: Under construction. Ready for move-in March 2022. See the sales office at 21511 E 60th to see this home. 2.8% is off the base price of home. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8% Contract Earnest Check To: Land Title Possession: Closing/DOD Contract Min Earnest: $10,000 Listing Terms: Cash, Conventional, FHA, VA Loan Title Company: Land Title Ownership: Builder Showing Information Showing Instructions:
2.8% is off base price of home. New build. Under construction. Ready for move-in March 2022. Call the sales team to see this home. 303-665-8200 List Agent List Agent: Danielle Davis Phone: 303-815-8633 List Office: First Summit Realty Mobile: 303-815-8633 Email:
Danielle@FirstSummitRealty.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 03/27/2022 9:23:55 AM
Full Property View
6043 N Nepal Street, Aurora, CO 80019
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$630,500 - Pending
21371 E 60th Avenue, Aurora, CO 80019 (Status: Closed, Listing ID: 6816237) Close Price: $510,000 County: Adams List Price: $475,000 Property Type: Residential Original List Price: $499,000 Property Subtype: Single Family Residence Levels: Two Basement: No Structure Type: House Year Built: 2020 Subdivision Name: Painted Prairie Listing Contract Date: 02/03/2022 Purchase Contract Date: 02/15/2022 Contingency: None Known Close Date (DIM): 03/17/2022 Days In MLS: 12 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $1,260.00 Tax Annual Amt: $1,935 Tax Year: 2020 Tax Legal Desc: PAINTED PRAIRIE SUBD FLG NO 1 BLK 9 LOT 78 Interior Area & SqFt Building Area Total (SqFt Total): 1,494 Living Area (SqFt Finished): 1,494 Above Grade Finished Area: 1,494 PSF Total: $341 PSF Finished: $341 PSF Above Grade: $341 Basement: Crawl Space, Sump Pump Bsmnt Ceiling Ht: Foundation: Concrete Perimeter Fireplace: 0 Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Corian Counters, Eat-in Kitchen, Kitchen Island, Primary Suite, Open Floorplan, Smart Thermostat, Walk-In Closet(s) Appliances: Cooktop, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Refrigerator, Sump Pump Flooring: Carpet, Vinyl Exclusions: Personal property and 2 hanging TV's, TV Stand in upstairs loft, washer and dryer Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 3 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $105.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Maintenance Grounds, Recycling, Road Maintenance, Snow Removal, Trash Assoc Amenities: Trail(s) Senior Community: No Restriction Covenants: Other Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.07 Acres / 3,200 SqFt Waterfront Feat: Lot Features: Corner Lot, Greenbelt, Landscaped, Sprinklers In Front Elementary School: Vista Peak / Adams-Arapahoe 28J Bldg/Complex Name: Middle/Junior Sch: Vista Peak / Adams-Arapahoe 28J High School: Vista Peak / Adams-Arapahoe 28J Building & Water Information Architectural Style: Rustic Contemporary Entry Level/Loc: Common Walls: 1 Common Wall Unit Count: Construction Materials: Cement Siding, Frame, Stone Roof: Composition Exterior Features: Private Yard, Rain Gutters Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks This beautiful 2 bedroom, 3 bathroom town home in the highly sought after neighborhood of Painted Prairie will take your breath away. Everything has been chosen with thought and care, from the pristine landscaping to the fine details inside. As you enter the home you are drawn to the bright and open floor-plan. Entertain family and friends in your amazing kitchen featuring stainless steel applianc... Confidential Information Private Remarks: >>Please see BROKER REMARKS attachment in SUPPLEMENTAL DOCS for information on offers, FAQs, and agent contact information. << Information is not guaranteed, Buyer to verify all information including SQF, Schools, & HOA. Please contact the agent SOYAN AMIN at 720-390-1936 for any questions regarding the listing. Send all offers to SOYAN@Thebarticgroup.com. Call Showingtime at 303-573-7469 to sched Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8%
List Agent: The Bartic Group List Office: Keller Williams Integrity Real Estate LLC Email:
Info@thebarticgroup.com
Buyer Agent: Kim Kouba Buyer Office: Compass - Denver Email:
kim.kouba@compass.com
Concessions: No Buyer Financing: Conventional
List Agent Phone: 720-208-7200 Mobile: 720-208-7200 Buyer Agent Phone: 303-204-8215 Mobile: 303-204-8215 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 03/27/2022 9:23:55 AM
Full Property View
21371 E 60th Avenue, Aurora, CO 80019
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$510,000 - Closed
21291 E 60th Avenue Lot 26, Aurora, CO 80019 (Status: Closed, Listing ID: 8860028) Close Price: $545,000 County: Adams List Price: $545,000 Property Type: Residential Original List Price: $545,000 Property Subtype: Multi-Family Levels: Two Basement: Yes Structure Type: Duplex Year Built: 2021 Subdivision Name: Painted Prairie Listing Contract Date: 08/19/2021 Purchase Contract Date: 09/14/2021 Contingency: None Known Close Date (DIM): 11/24/2021 Days In MLS: 26 Association: Y Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $1,116.00 Tax Annual Amt: $6,085 Tax Year: 2020 Tax Legal Desc: PAINTED PRAIRIE SUBD FLG NO 1 BLK 8 LOT 26 Interior Area & SqFt Building Area Total (SqFt Total): 2,433 Living Area (SqFt Finished): 1,754 Above Grade Finished Area: 1,754 Below Grade Total Area: 679 Below Grade Finished Area: 0 Below Grade Unfinished Area: 679 PSF Total: $224 PSF Finished: $311 PSF Above Grade: $311 Basement: Sump Pump, Unfinished Bsmnt Ceiling Ht: 9' Foundation: Concrete Perimeter Fireplace: Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Granite Counters, Kitchen Island, Primary Suite, Open Floorplan, Smart Thermostat, Walk-In Closet(s) Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Sump Pump Flooring: Carpet, Vinyl Exclusions: None Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 3 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $93.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Maintenance Grounds, Snow Removal, Trash Assoc Amenities: Garden Area, Park, Playground, Trail(s) Senior Community: No Restriction Covenants: Pets Allowed: Cats OK, Dogs OK Rentals Allowed: Site & Location Information Lot Features: Corner Lot, Greenbelt, Landscaped, Sprinklers In Front Elementary School: Vista Peak / Adams-Arapahoe 28J Bldg/Complex Name: Middle/Junior Sch: Vista Peak / Adams-Arapahoe 28J High School: Vista Peak / Adams-Arapahoe 28J Building & Water Information Architectural Style: Rustic Contemporary Entry Level/Loc: Common Walls: End Unit, 1 Common Unit Count: 2 Wall Direction Faces: Southwest View: Mountain(s) Construction Materials: Cement Siding Roof: Composition Exterior Features: Private Yard Water Included: Water Source: Public Sewer: Public Sewer Public Remarks Fantastic 3 bedroom paired home with all the upgrades Open floor plan, over sized island for your entertaining needs; Sunday Football anyone? As you walk into this home, you are greeted with the spacious 9' ceilings with tons of natural light that makes it feel like home. The kitchen island with upgraded counter tops is the main focal point as you walk through the home. Loft, and 3 bedrooms on th... Confidential Information Private Remarks: This home is currently under construction, complete around Nov. All options have been selected and there are no changes. Earnest money ($1500) requires an additional $3500 if you own a home. KB Home pays 2% commission of final sales price of home. If this home has any incentive reflected in the price or available on the purchase it will be tied to the builder’s lender partner KBHS. Buyer and buyer Buyer Agency Comp: 2.00% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.00% List Agent Phone: 303-668-7007 Mobile: 303-668-7007
List Agent: Team Lassen List Office: MB TEAM LASSEN Email:
info@teamlassen.com
Buyer Agent: Carol Layng Buyer Office: Lorac Real Estate Inc. Email:
coloradohometeam@comcast.net
Concessions: No Buyer Financing: Conventional
Buyer Agent Phone: 720-299-1198 Mobile: 720-299-1198 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 03/27/2022 9:23:55 AM
Full Property View
21291 E 60th Avenue, Aurora, CO 80019
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$545,000 - Closed
6055 N Nepal Street, Aurora, CO 80019 (Status: Closed, Listing ID: 6330018) Close Price: $614,686 County: Adams Base Price: $594,000 Property Type: Residential Original List Price: $578,800 Property Subtype: Single Family Residence Levels: Two Basement: Yes Structure Type: House Year Built: 2021 Subdivision Name: Painted Prairie Listing Contract Date: 05/27/2021 Purchase Contract Date: 06/01/2021 Contingency: None Known Close Date (DIM): 12/10/2021 Days In MLS: 5 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $948.00 Tax Annual Amt: $484 Tax Year: 2020 Tax Legal Desc: PAINTED PRAIRIE SUBD FLG NO 1 BLK 6 LOT 12 Interior Area & SqFt Building Area Total (SqFt Total): 2,759 Living Area (SqFt Finished): 2,759 Above Grade Finished Area: 2,132 Below Grade Total Area: 627 Below Grade Finished Area: 627 Below Grade Unfinished Area: 0 PSF Total: $223 PSF Finished: $223 PSF Above Grade: $288 Basement: Bath/Stubbed, Partial, Sump Pump, Bsmnt Ceiling Ht: Unfinished Foundation: Concrete Perimeter, Slab Fireplace: Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Five Piece Bath, High Ceilings, Kitchen Island, Primary Suite, Open Floorplan, Pantry, Quartz Counters, Radon Mitigation System, Smart Thermostat, Smoke Free, Walk-In Closet(s), Wired for Data Appliances: Dishwasher, Disposal, Microwave, Range Hood, Self Cleaning Oven, Sump Pump, Tankless Water Heater Flooring: Carpet, Tile, Vinyl Exclusions: Washer, Dryer, and Window Coverings Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 3 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $79.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Capital Reserves, Irrigation Water, Recycling, Trash Assoc Amenities: Senior Community: No Restriction Covenants: Other Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.08 Acres / 3,400 SqFt Waterfront Feat: Elementary School: Vista Peak / Adams-Arapahoe 28J Bldg/Complex Name: Middle/Junior Sch: Vista Peak / Adams-Arapahoe 28J High School: Vista Peak / Adams-Arapahoe 28J Building & Water Information Architectural Style: Mid-Century Modern Entry Level/Loc: Common Walls: No Common Walls Unit Count: Construction Materials: Frame Roof: Composition Exterior Features: Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Brand New home by McStain Neighborhoods! Beautiful home with 3 bedrooms, loft, study/flex space, mudroom, dining room, living room. Large Kitchen has center white cabinet island, quartz countertops, pantry, stainless steel appliances including gas range, microwave, dishwasher and disposal. Designer finishes include Luxury Vinyl Plank flooring throughout the main floor, shaker-style, silver maple w... Confidential Information Private Remarks: 2.8% commission is from the base price of home. $2,500 closing cost incentive for using our preferred lenders. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8%
List Agent: Danielle Davis List Office: First Summit Realty Email:
Danielle@FirstSummitRealty.com
Buyer Agent: Megan Coffey Buyer Office: Milehimodern Email:
mcoffey@milehimodern.com
Concessions: Buyer Closing Costs/Seller Points Paid, $500 Buyer Financing: Conventional
List Agent Phone: 303-815-8633 Mobile: 303-815-8633 Buyer Agent Phone: 720-384-6074 Mobile: 720-384-6074 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 03/27/2022 9:23:56 AM
Full Property View
6055 N Nepal Street, Aurora, CO 80019
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$614,686 - Closed
Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 03/27/2022 to 09/28/2021 Originating System Name is one of
'REcolorado', 'ROCC', 'SSBR', 'IRES*' Comparable Listing YN is no Latitude, Longitude is within 0.18 mi of 21205 E 59th Pl, Aurora, CO 80019, USA 9 Properties have been discarded.
Residential Pending Properties Bds
Bths
Abv
Ttl
Fin
Pending
PSF Abv
PSF Ttl
Aurora
2
3
1,736
1,736
1,736
10/25/21
$340
$340
$340
7181110 6045 N Nepal ST
Aurora
3
3
2,132
2,759
2,759
11/16/21
$286
$221
8110898 21344 E 59th DR
Aurora
3
3
2,132
2,759
2,132
12/27/21
$288
3363720 21364 E 59th DR
Aurora
3
3
2,187
3,048
2,187
11/16/21
$285
4245592 6043 N Nepal ST
Aurora
3
3
2,499
3,378
2,499
10/12/21
Averages:
2,137
2,736
2,263
Listing ID Address
City
5359720 6028 N Nepal ST
Count: 5
High $630,500
List Price:
PSF Fin DIM Orig Price
List Price
6
577,695
$589,365
$221
97
594,000
$609,000
$223
$288
105
620,500
$614,000
$205
$285
67
623,500
$623,500
$252
$187
$252
$630,500
$290
$235
$277
29 61
630,500 $609,239
$613,273
Low $589,365
Median $614,000
Closed Properties Listing ID Address
City
Bds
Bths
Abv
Ttl
Fin
Close
PSF Abv
PSF Ttl
6816237 21371 E 60th AVE
Aurora
2
3
1,494
1,494
1,494
03/17/22
$341
$341
8860028 21291 E 60th AVE
Aurora
3
3
1,754
2,433
1,754
11/24/21
$311
6330018 6055 N Nepal ST
Aurora
3
3
2,132
2,759
2,759
12/10/21
$288
Averages:
1,793
2,229
2,002
$313
Count: 3
Closed Price:
Report Totals
Presented By: Leolani Kaan Generated on: 03/27/2022
Count : 8
Averages:
High $614,686
SqFt Abv 2,008
SqFt Ttl 2,546
$341
$224
$311
$223
$223
$263
$292
Low $510,000 Sqft Fin 2,165
PSF Abv $ 299
PSF Fin DIM Orig Price
List Price Close Price
CP/OLP
12
499,000
$475,000 $510,000
102%
26
545,000
$545,000 $545,000
100%
5 14
578,800
$594,000 $614,686
106%
$540,933
$538,000 $556,562
103%
Orig Price $583,624
List Price Close Price $585,046 $556,562
CP/OLP 103 %
Median $545,000 PSF Ttl
$245
All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com
PSF Fin $283
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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