From Frenzy to Normal
About half of homes today are selling below asking. While that may sound discouraging, it’s actually a return to normal. During 2018–2019, roughly 50–55% of homes sold under asking. The past two years were the exception, not the rule.
Why This Matters If You’re Selling
Overpricing your home no longer works. Buyers now have more choices, tighter budgets, and less urgency. Your first two weeks on the market are critical. If your home is overpriced in that window, it risks going stale, forcing price cuts later.
The Ideal Formula for Success
The good news: 50% of homes still sell at or above asking — if priced right from the start. To get there, focus on three things:
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Prep your home — make repairs and present it well.
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Price strategically — lean on sold data, not just asking prices.
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Stay flexible — negotiation isn’t just about price; consider repairs or closing costs.
Bottom Line
Homes that are well-prepared, priced smartly, and marketed correctly still sell for top dollar today. Partnering with a knowledgeable local agent is the best way to position your home for success.
Want to know what your house would sell for?
To connect with me directly, contact me at 917-254-2103.
For your FREE Home evaluation, your Homeowner Resource Guide, or your Home Buying/Down Payment Assistance Guide, use this link: https://bit.ly/45URvuV or text HomeswithJustin to 85377.