Your problem is very common in this market. You must create an answer as to why some one would pay more for your condo - location, improvements, size, garage, etc. In your comps concentrate on closing prices not listing prices..
$115k-125k may be unrealistic considering your neighbors listings. According to the Knoxville Area Association of Realtors there are 25 condos listed in Fountain City priced between $90-125 k; 30 have been sold this year
Avg Closing price $103,517 Days on the market ave 79 Ave listing price$105,237
Let your Realtor advise you. Good luck! DAVE - Mon Nov 24 2008, 06:40