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Nancy Sammons
Colorado Dream Properties
12900 Stroh Ranch Place, Suite 125
Parker, CO 80134
Phone: (303)956-5292
Email: nsammons5292@gmail.com
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Timbers Market

May 2019

Timbers Stats for the last 30 days:

The Timbers is reporting a buyers market.

  • There are 20 active homes for sale ranging from $1,675,000 to $750,000 
  • There are 6 Under Contract homes
  • 7 home sold in the last 30 days
  • Home price sold in the last 30 days- $1,500 000-$725,000
  • Sold Average Days on Market - 42
  • Average Active Days on Market - 88
  • Current Months of Inventory is 8.57 months

It still is a buyers market in the Timbers with almost 9 months of inventory. Things are still selling at a quick rate as average days are 42 for sold listings. The hot market we had experienced seems to be settling into a strong sustainable market with prices only going up at a steady pace. 

´╗┐Based on information from REcolorado, Inc. for the period 01/10/2019-4/12/2019

Not all properties were listed and/or sold by Colorado Dream Properties. This representation is based in whole or in part on content supplied by REcolorado, Inc. does not guarantee nor is it in anyway responsible for tis accuracy. Content may not reflect all real estate market activity 

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For Sale By Owner - A Good Idea?

FSBO (pronounced fizz-bo), or For Sale By Owner, is a way of selling your home without the use of a professional real estate agent or broker. The idea behind FSBO is that by selling your home yourself, you save the approximate 6% that would be the agents’ commission.

6% may not sound like a lot, but it can add up, especially on more expensive homes. But before you run off and decide to sell your home FSBO, you must remember that to get a savings like that, there must be a cost. So what’s the catch? Selling FSBO is hard. A lot harder.

Only about 10% of sellers that decide to do FSBO are successful at it. And not all of them end up saving themselves money. FSBO sellers often end up accepting a lower price for their home than they would with an agent.

There are of course other issues as well. Can you afford to make selling your home your full-time job? Because for a lot of FSBO sellers, that’s exactly what it is. Do you have the time and capital to spend on the marketing, advertising, inspections, paperwork, phone calls, showings, and problems that come up when any home is sold?

Selling with a professional agent also has other advantages. An agent can get your home listed on the MLS (Multiple Listing Service) and other popular websites where not only homebuyers but also other agents can easily find it. Professional real estate agents also have an extensive network that allows them to more easily find a buyer.

So before you decide to sell your home yourself, thoughtfully consider just how much time and effort you can spare for selling your home, as well as how important it is that your home sell sooner rather than later.

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