
A sensible offer starts with the home and your financial limits, not an automatic percentage of asking price. Let's keep both in view as you decide what to offer.
The latest market report includes Oxford single-family homes, condos, townhouses and apartments. Homes sold for an average of 99.9% of their asking prices. The typical sale price was $410,000. The number of homes sold in the latest market report was 33.
The average percentage of asking price that homes sold for cannot set your personal offer limit. It also does not establish how frequently homes sold above asking or whether a particular home attracted competing offers. I would weigh similar completed sales against the home's condition before discussing a reasonable offer range with you.
Write down the maximum price you are comfortable offering, separately from the amount a lender might approve. Review recent sales of similar homes with me and identify differences that could affect your proposed price. Discuss the financing and inspection requirements you need before changing any conditions in the offer.



