Living Urban in Denver: Real Estate Blog

Paying over list price to nab your next home can be hard to stomach for many buyers. Often, appropriately priced homes in the Denver metro region sell quickly and receive multiple offers. In fact, last month, 48% homes in Denver’s urban neighborhoods went under contract in 7 days or less and sold for 102% of their original list price. 

The seller and the listing agent determine the list price based on the current market and by comparing recent sales of similar homes. If priced well, the home will fall within an identifiable range based on those sales. Understanding that there is a range - not a magic number - is one way to overcome this mental hurdle. 

To ensure the home is priced appropriately, ask your Realtor to look at sold and under contract

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