And with today's on line data, dozens of buyers are watching each new listing carefully. The homes that are priced "Old School", a little bit above their market value, may take 30-60 days or more to find a buyer and close. Can you afford to wait that long, to sell? The smart sellers are taking their agent's advise, hitting the market strong with a lean competitive price, & spending their next week-end, with several offers at market value, or higher, deciding which offer to accept.
My experience as an appraiser has been enormously helpful to clients, as we evaluate the market and its future trending. James Ebert email@example.com
Even the distressed sales are ending up close to true market value as the banks move to 2-3 valuations of each property.
Golly -gee ...... is that a hard question to answer. It really depends on the property and its reason for being
on the market to begin with. Is the seller moving because of job transfer and does not care if the sale price
is lower than the asking price since the corporation will by the home if he cannot sell it. Is the seller trying
to close on another property, and does not want to lose that property so he will discount it far more than
For example, in Hidden Valley, a home was discounted 70,000. from the asking price even when we
only had it on the market for 2 days because the seller was getting a $110,000 discount on the other
end and he thought it was worth discounting it by thousands.
Rule of thumb though Bobbie, don't go into purchasing a home by thinking your first offer is going to
be your last. Decide which price point you can feel comfortable opening a contract with, and stick
Please let me know if I can be of further service. We do give our customers 25% back at the close of any sale In Ventura County based on the buyers commission, We will also advise you if you are offering too much or too little when bidding on a home for sale. Check our our website for more information on our Company.
Happy house hunting
During the last 90 days the average asking vs sales price difference in Westlake Village has been at 97.6% for single family homes and 95.37% for attached homes. This puts all properties into one bundle and doesn't take into consideration location, condition, or whether or not the homes were short sales or bank-owned. I hope this helps. If you need assistance setting a price for the sale of your home or in making an offer and are not already working with a Realtor please call me. I am certain you already know this is not an easy process to navigate. I'll leave my site information for you. I am a certified Luxury Home professional who would love to work for you!
It really depends on the size, type, location (on the water?), and price point. For instance, using this criteria:
Property Type: Residential
Include Property Subtype: Single Family Dwell Area: Westlake Village VC
Status Sold (4/12/2010 or after)
Price: 500,000 to 1,000,000
... the results are as follows:
Quick Stats - Averages >>>
Residential (106) Listing price: $773,877, Ave. size: 2378sf, Average Listing price per sf: $336/sf, Days on Market 86/98, Selling Price: $747,339, Average Selling price per sf: $324/sf...
I hope this helps. I will be happy to send you more specific stats over a two or 3 year period, in the form of a customized report