Before you offer on a home, decide what you can comfortably pay and which protections you need. We can make those decisions deliberately rather than improvising during negotiations.
For Elizabeth's single-family homes and condos, townhouses and apartments, the report lists September 2026 months of inventory at 4.71. The sold-to-list price percentage for September was 98.7%. The median sold price that month was $639,000. These townwide measurements do not establish the terms a particular seller will accept.
The sold-to-list price percentage is context for discussion, not a formula for calculating your offer. I suggest grounding your proposed price in recent sales of similar homes and the property's condition. Financing and inspection requirements deserve separate attention because changing them can change the risks you accept.
Write down the maximum price you are comfortable offering, allowing room in your budget for anticipated expenses. Review recent sales of similar homes with me and identify property differences that warrant closer examination. Confirm financing details with your lender and review which financing and inspection protections you need before changing the offer conditions.
