Comparable Home A: $1,008,000
Comparable Home B: $989,000
Tim and Sue’s Home: $985,000
Comparable Home C: $985,000
Comparable Home D: $973,000
Comparable Home E: $969,000
Tim and Sue appear to have priced their home competitively for the market. Over the next month, the market changes.
Comparable Home A: Expired
Tim and Sue’s Home: $985,000
Comparable Home B: $979,000 (Reduced Price)
Comparable Home C: $975,000 (Reduced Price)
Comparable Home D: Sold
Comparable Home E: Pending
Comparable Home F: $966,000 (New Listing)
Comparable Home G: $965,000 (New Listing)
Comparable Home H: $959,000 (New Listing)
Tim and Sue now have the highest priced home in the area, in their price range. When a buyer looks at the comparable home
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