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53811 : Real Estate Advice

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Mon Aug 15, 2011
Roger (Technology) Burton answered:
In the past two years there were only 4 Single Family homes, between $80k and $200k, sold in the town of Hazel Green.

List Sold Reduction $ Reduction %
$123,000 $113,000 $10,000 8.13%
$158,500 $158,000 $500 0.32%
$164,900 $163,900 $1,000 0.61%
$185,500 $177,000 $8,500 4.58%

Total $631,900 $611,900 $20,000 3.17%

Based on this limited number of sales you can expect the average seller to accept an offer 3.17% below their list price.
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