Plan an offer around the home, your finances and the protections you need. A townwide sale figure is useful context, but it cannot decide your price or the conditions you should accept.
For Pontiac single-family homes and condos, townhouses and apartments, homes sold for an average of 98.7% of their asking prices in the latest market report. The typical sale price was $151,050 in the latest market report. The number of homes sold in the latest market report was 46. Housing supply, measured in months, was 2.78 in the latest market report.
The average percentage of asking price that homes sold for cannot set your personal offer limit or predict a response to your offer. A strong offer is one you can afford and understand, including its price, timing and conditions. Changing financing or inspection protections deserves careful consideration, not an automatic decision based on a townwide statistic.
Compare the home with recent sales of similar homes, then identify the maximum price you are comfortable offering. Review which financing and inspection protections you need before changing the offer conditions. Confirm the closing timeline with the people handling the transaction before proposing a date you may not be able to meet.
