An offer should match the home, your finances, and the protections you need. I'll help you weigh those pieces without turning a market statistic into a bidding rule.
In the latest market report, Littleton homes sold for an average of 98.6% of their asking prices. The typical sale price was $629,000. These measurements cover single-family homes, condos, townhouses, and apartments. The average percentage of asking price that homes sold for does not identify how any particular negotiation unfolded.
Applying a standard discount to an asking price skips the more important question of how that home compares. I would consider condition, relevant completed sales, and your financing before discussing a reasonable offer range. Price also needs to work alongside inspection and financing requirements, rather than pushing those protections aside.
Review recent sales of similar homes with me and identify differences that matter to your purchase. Decide the maximum price you are comfortable offering before responding to a request to increase it. Discuss conditions in the offer, such as financing or inspection requirements, and understand the risks before changing them.
