Start with a price you can support and protections you understand, rather than copying a townwide percentage. I can help you consider those decisions together without treating them as interchangeable bargaining tools.
For Carver single-family homes, condos, townhomes and apartments, homes sold for an average of 98% of their asking prices in the latest market report. Housing supply, measured in months, was 4.8. The number of homes sold in the latest market report was 9. These townwide figures do not identify the financing or inspection requirements attached to individual purchases.
The average percentage of asking price that homes sold for is not a formula for your offer. I would weigh the home's condition and recent sales of similar homes before discussing a reasonable offer range. Price and protections deserve separate decisions because a comfortable purchase requires more than an acceptable offer price.
Write down the maximum price you are comfortable offering before negotiating, leaving room in your budget for ownership expenses. Review which financing and inspection protections you need before changing the offer conditions. Confirm financing details with your lender, then review the proposed terms with me before submitting.
