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If Your Home Hasn’t Sold Yet… Check the Price!
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If Your Home Hasn’t Sold Yet… Check the Price!

The residential housing market has been hot. Home sales have bounced back solidly and are now at their second highest pace since February 2007. Demand has remained strong throughout the winter as many real estate professionals are reporting bidding wars with many homes selling above listing price. What about your house?

If your house hasn’t sold, it is probably because of the price.

If your home is on the market and you are not receiving any offers, look at your price. Pricing your home just 10% above market value dramatically cuts the number of prospective buyers that will even see your house. See chart below.

 

If Your Home Hasn’t Sold Yet… Check the Price! | Simplifying The Market

Bottom Line

The housing market is hot. If you are not seeing the results you want, sit down with your agent and revisit the pricing conversation.

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Listings
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FOR SALE

310.69Acres

RIDGE Road,
Castle Rock, CO 80104

$35,000,000

Listed ByBerkshire Hathaway Preferred Real Estate

MLS® #1163276 MLS® # 1163276 (Active)
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FOR SALE

7 Bed

10.0 Bath

11,869SqFt

705 and 380 Whiskey Ridge,
Edwards, CO 81632

$33,000,000

Listed ByDouglas Elliman Real Estate

MLS® #1590640 MLS® # 1590640 (Active)
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FOR SALE

3 Bed

2.0 Bath

1,632SqFt

1667 County Rd 22,
Fairplay, CO 80440

$24,450,000

Listed ByLIVE WATER PROPERTIES

MLS® #4013790 MLS® # 4013790 (Active)
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FOR SALE

5 Bed

9.0 Bath

15,450SqFt

7484 North 49th Street,
Longmont, CO 80503

$22,200,000

Listed ByLIV Sotheby's International Realty

MLS® #7505227 MLS® # 7505227 (Active)
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FOR SALE

6 Bed

13.0 Bath

32,254SqFt

8 Cherry Hills Park Drive,
Englewood, CO 80113

$22,000,000

Listed ByTHE KENTWOOD COMPANY

MLS® #9641647 MLS® # 9641647 (Active)

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