Choosing an asking price starts with homes genuinely similar to yours, not simply a townwide number. I'll help you separate useful comparisons from figures that need more context.
For Ferndale single-family homes, condos, townhouses and apartments, the latest market report puts the typical sale price at $263,500. The typical asking price among homes listed for sale was $267,000. The estimated value of a typical home was $265,630. That estimate comes from a valuation model and is not a formal appraisal.
Asking prices and completed sale prices describe listed versus sold homes, so their difference does not establish a discount. For your pricing decision, I would give recent sales of similar homes more weight than a townwide estimate. Starting with an ambitious asking price needs a clear rationale based on your home's condition, size and features.
Gather details about improvements and unresolved repairs so we can review differences between your home and similar completed sales. Consider competing homes listed for sale separately, focusing on what a prospective buyer would compare with your listing. Choose an asking price you can explain through those comparisons, and decide what feedback would justify reviewing it.
