Lesson # 1: The Only Real Price is a Sold Price

Housing Starts SA vs NSA

As you evaluate where to price your home, you’re going to spend a fair amount of time looking at prices of homes comparable to your own.  Basically, you will be evaluating the following:

  • Past Sales – Studying the prices of comparable homes that have sold in your area;

  • Active Listings – The prices that others with comparable homes are asking for their homes;

  • Expired and Withdrawn Listings – The prices of homes that have not sold.

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