Recent close-to-ask numbers can help you judge how hard to press and where to stay firm.
If you are trying to decide how much room there is between asking and closing, I would start with the recent closing pattern and work outward from there. In Mineola, NY, recent sales closed at about 94.96% of asking, so I would negotiate with discipline rather than assume the list price is fixed.
This is one of the clearest signals in the file. Last month, Mineola, NY recorded a typical sold price of $845,000, with offers closing at 94.96% of asking and a typical sale taking 52 days. There were 8 closed sales during that period. That does not mean every home deserves a discount. It means you have evidence that asking price and final price are not the same thing in the recent market. I would be most careful when a listing is already sitting above the recent typical sold level or when it has remained active longer than the recent 19-day active pace. Recent closings at about 95% of asking give you a negotiating reference that is grounded in Mineola, NY, not in guesswork. Ask for a price strategy before you write, not after. Compare the home's asking price to the recent $845,000 typical sale level. Be ready to move quickly on a strong fit, but do not let urgency erase your ceiling.
About Anthony Robinson
Anthony Robinson is a licensed Real Estate Professional affiliated with RE/MAX Team, specializing in the Mineola market. With a focus on strategic marketing and deep local knowledge, Anthony Robinson provides clients with expert guidance in navigating complex real estate transactions. View full profile →
