An offer should fit the home and your finances, not simply follow the asking price. Let's separate what supports the property's value from what you are comfortable paying before you commit.
The latest market report for Woodbury covers single-family homes, condos, townhouses and apartments. The typical sale price was $1,711,000, providing townwide context rather than a price for any particular home. Homes sold for an average of 97.35% of their asking prices. The number of homes sold in the latest market report was 5, a limited group for drawing conclusions about individual properties.
I would use recent sales of similar homes to discuss a reasonable offer range, rather than apply a townwide percentage. Condition, size and features deserve attention because a home you consider may differ substantially from those completed sales. The average percentage of asking price that homes sold for cannot set your personal offer limit.
Review recent sales with me and identify the differences that matter most for the home you want. Confirm the money needed at closing with your lender before deciding the maximum price you are comfortable offering. Keep financing and inspection requirements clear so the proposed price does not overshadow protections you need.
