Your asking price should begin with recent sales of similar homes, not a townwide figure alone. I want that choice to reflect your home's features and your priorities.
The latest market report covers Lithia single-family homes, condos, townhouses and apartments. The typical sale price was $535,000 across that residential scope. The typical asking price among homes listed for sale was $533,000. Asking prices describe listed homes, while sale prices describe completed sales; their difference does not establish a negotiated discount.
I would use those townwide figures as context, then narrow the discussion to homes genuinely similar to yours. Differences in size, condition and features deserve attention before choosing where your home fits. Starting with an ambitious asking price requires weighing your preferred price against your willingness to revisit it.
Prepare a list of improvements and known repair needs so we can discuss condition without overlooking important details. Review recent sales of similar homes with me, and consider competing listings separately. Decide what feedback would justify revisiting your asking price before making the home available for showings.
