Your asking price should start with recent sales of similar homes, not the highest listing you can find. I'll help you separate useful comparisons from numbers that don't describe your property.
The latest market report covers Rochester single-family homes, condos, townhouses and apartments. The typical sale price was $525,000, reflecting completed sales rather than the prices still being requested. The typical asking price among homes listed for sale was $900,000. Homes sold for an average of 99% of their asking prices, which does not establish a discount between those groups.
I would treat the townwide figures as context, then focus your pricing discussion on homes that genuinely resemble yours. Listed homes and completed sales serve different purposes: one helps assess competition, while the other documents transaction results. Starting with an ambitious asking price deserves careful consideration because you still need a credible explanation for the amount.
Gather details about your home's size, condition and improvements so we can review recent sales of similar homes. Examine competing listings separately, noting differences in features rather than assuming their asking prices establish your home's value. Decide which asking price you can support with those comparisons before planning photographs and the listing description.
