Your pricing lane should come from recent closings, not the most flattering number you can find.
If you are preparing to sell in Medina, WA, the key decision is not whether prices are high in general. It is where your home belongs inside the recent market range, and the last three months of closings ran from $2,350,000 to $7,360,000 with a typical closed price of $5,095,000.
Over the previous three months, Medina, WA recorded 5 closed sales with total closed volume of $25,405,000. The lowest closing was $2,350,000, the highest was $7,360,000, and the typical closing was $5,095,000. I would use that range as the pricing frame, not as background noise. A wide spread can tempt sellers to chase the top result without enough justification. I would do the opposite. I would ask where your home fits cleanly within the recent range based on what it can support, because a mismatched starting price can weaken your position before real momentum has a chance to build. Decide whether your home belongs near the lower, middle, or upper part of the recent range. Tie that choice to your home's actual features. Use the recent total closed volume of $25,405,000 as confirmation that buyers were active, but keep your price grounded in fit.
About Mike Rudnev
Mike Rudnev is a licensed Real Estate Professional affiliated with eXp Realty, specializing in the Medina market. With a focus on strategic marketing and deep local knowledge, Mike Rudnev provides clients with expert guidance in navigating complex real estate transactions. View full profile →