Choosing your asking price starts with recent sales of similar homes, not simply matching another listing. I'll help you weigh those comparisons against your home's features and the priorities behind your sale.
For Romeo's single-family homes, condos, townhouses and apartments, the latest market report lists a typical sale price of $368,250. The typical asking price among homes listed for sale was $502,450. Reported housing supply, measured in months, was 2.4 months. Asking prices describe listed homes, while sale prices describe completed sales; their difference does not establish a negotiated discount.
I would use the completed sales to discuss a supportable asking price and examine competing listings separately. Starting with an ambitious asking price deserves a clear explanation grounded in your home's size, condition and features. Townwide figures alone cannot tell us whether that approach fits your property.
Gather details about improvements and unresolved repairs so we can review meaningful differences from similar homes. Compare competing listings separately to understand how your proposed asking price would present your home alongside other choices. Decide what feedback would prompt a pricing review before putting your home on the market.
