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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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Market Report 
The Timbers @ The Pinery

January 2018

Timbers Stats for the last 30 days:

Well, the market is sure in a flux. The Timbers is reporting a strong Buyer's Market of 45 months. Yes, that is correct 45 months. I feel this is a seasonal slow down that will soon turn around.

  • There are 14 active homes for sale ranging from $1,695,000 to $725,000
  • There are 2 Under Contract homes from - $999,000 - $939,000
  • 1 home sold in the last 30 days from - $854,000
  • Days on Market are 123
  • Days on Market for Listings 107
  • Absorption rate is .33 total sales of homes/month
  • Current Months of Inventory is 45 months

All in all, things are definitely different in the hood.  

Contact me if you have any questions

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Finding the Right Seller

The best seller is one who is highly motivated. A highly motivated seller is more likely to sell at a price that is less than his or her house is actually worth. And it matters that you find out why. Learning the reason why can help you get the price you want and help the seller get what they want: a timely sale.

When given the opportunity to meet with sellers, ask them why they are selling. The reason could be anything, such as a job change to a new location or financial problems. If you can solve their problem, whether it is cash related or time related, do so. For example, if the sellers are highly motivated because they need to move quickly, give them a fast sale - and a lower price. If you can make an offer, even a low one, that gives them cash in a short time, they are more likely to accept.

There are also some sellers that you should avoid. Not every seller is as genuinely motivated as they make themselves to be. Some possible hints:

  • they stall on having the home appraised or inspected
  • they are unable to clear up liens against their property
  • they do not own 100% of their property
  • they push back the move-out date
  • they do not have a replacement property or back up plan
  • etc.

It is impossible to find the perfect seller. But it is possible to find out which sellers are legit and which ones aren’t.

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