In today’s Denver Metropolitan Market most homes that are priced accurately and are in good condition will be under contract within the first 2 weeks they are listed.
The Denver area is currently high in demand and this has caused market values to rise and become unpredictable, which can make pricing difficult.
A comparative market analysis is an important tool for pricing a home. The final sale price is dependent on seller and buyer motivation, market conditions and timing of the offer. The key is to watch the market and be flexible to make adjustments as needed to be competitive.
– Paula DeCrescentis, REMAX of Cherry Creek