Pricing homes today is a giant puzzle that needs to be solved.

Realistic pricing does not come from comparing your neighbor’s list price.  They are “for sale” not actually sold.

Realtors® guide their clients through the puzzle by examining Days on the Market, Sold Prices, and the Number of Homes for sale,

Condition and marketability of your property and how fast homes are selling in your location.

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When you only look at 1 or 2 pieces of the puzzle you end up with lots of sellers dropping their prices during a 7 day period:

It is especially critical in this housing market to list at the “right price” when you hit the market.  Sitting for a while waiting for a buyer ultimately costs you money.

Look at closed sales in your area.  There is a correlation between sale price and days on the market. 

Make sure your listing price puts you in the “few days on the market” category!