Copy of Copy of PRICING ANALYSIS -71 ferncrest - MARCH 2016

Published on Nov 18, 2015

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PRESENTATION OUTLINE

Pricing Analysis

71 Ferncrest Ave - Cranston, RI

ABOUT NICK

  • Proud Husband & Father3rd Generation Realtor & Insurance Agent.
  • Full Time Realtor since 2007
  • 3rd Generation Realtor & Insurance Agent.RI Monthly Five Star Agent
  • Zillow All Star
  • 5x RI Monthly Five Star Agent

113 Closings Since 2012

Is now a good time to sell?

How's the market?
Source: CoreLogic 3/3/15

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Source: CoreLogic 3/3/15

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Source: Home Price Expectation Survey 2015 1Q

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Source: NAR 3/2015

Interest Rates

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Source: Freddie Mac

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Months of Inventory

Photo by oatsy40

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Months of Inventory

Pricing Stats

1/4 MI. RADIUS, +/- 350 SF, SIMILAR STYLES

71 FERNCREST AVE STATS

The Competition (7)

  • Avg SF - 1,370
  • Avg 3 Beds, 1.3 Bath
  • Avg Assessed Value of $155,371
  • Avg Asking Price - $181,371
  • Avg Days on Market - 71
Photo by AdamKR

Pending Sales (1)

  • Avg SF - 1,176
  • Avg 3 Beds, 1.5 Baths
  • Avg Garage Space - 1
  • Avg Assessed Value - $159,400
  • Avg List Price - $204,900
  • Days on Market - 112

SALES (17)

  • Avg Abv Grade Sq. Feet - 1,441
  • Avg Beds - 3
  • Avg Baths - 1.3
  • Avg Garage Spaces - 1
  • Avg Assessed Value - $167,694
  • Avg Asking Price - $202,135
  • Asking Price Range - $85k to $295k

Sales Price

ALL NUMBERS ROUNDED

Price/Assessed Value

Automated Valuation Models

Days On Market

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What will your final sales price be?

Photo by garryknight

Nick Slocum

Broker Associate - Slocum Realty