The reality is, there are a lot of all cash buyers at that price range. It always depends on the particular home. Every house is different. But in general most properties in that price range are getting multiple, offers and going at or near (or even above)asking price. Also, in general, banks will not look at offers more than 3-5% below asking price. If the property remains unsold, they may lower the asking price. There are many exceptions for heavily damaged properties. Please contact me if you would like to discuss this further, or look at properties.
Keller Williams Real Estate