I did a quick Hot Sheet search in the MLS looking back three months to the first of April. From what I see that has actually sold, of the 38 homes closed since then, only fifteen were below asking price, and only one of those was significant. It was a foreclosure and was closed at $50,000 below asking price.
What this says to me is this: homes that are priced correctly, in good condition and show well are getting their asking prices. It's the pricing correctly that is key.
Right now there are 109 active listings in the MLS system in the Robertsdale area. When there are this many in such a small area, it is so important to make sure that your house shows better, is in better condition and has the best asking price of all your competitors.
Please contact me privately for a more in depth discussion if you would like.
The median sold price was 98.47% of the list price. **Median means that of the 58 listings, half sold above the median, and half sold below the median. The median sold price was $102,000.
I hope this helps, but real estate is very specific. If I can help further please call me at 251-406-2859.
You may use any tool you feel necessary in your negotiations, just keep in mind that foreclosure and short sale properties are considered distressed and are usually priced accordingly.
If the property is priced right, and you love it and can see making your home there, then negotiate the best you can, but don't allow your emotional attachment to it to drive your price up beyond what you are willing to pay.,
Best wishes to you in your endeavors and as I said before, if you would like to speak privately, just dash me off an email!
It seems as there were/are a number of houses for sell in this little area.
I was hoping to use that as a 'negotiating' point.
I am trying to be as informed as possible before jumping in to the fire!
Thank you for your answers.
I am looking for as much house as is possible for my money- in the current market.