There are 18 active homes for sale ranging from $1,695,000 to $760,000
There are 11 Under Contract homes
3 home sold in the last 30 days
Average Home price sold in the last 30 days- $900,000
Average Days on Market - 125
Current Months of Inventory is 18 months
The Timbers is in a Buyers market as the last 30 days we have 18 months of inventory. Days on market is 125 up from 71 last quarter. The average price of homes has dropped from $1,053,510 to $947,500.
Based on information from REcolorado, Inc. for the period 12/10/2018-3/12/2019
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
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
It is impossible to find the perfect seller. But it is possible to find out which sellers are legit and which ones aren’t.