How I would think about launch price before the first showing.
If you are preparing to list, the real question is how to set a price that fits what buyers just accepted. Last month in North Kingstown, RI, the typical sale price was $609,950 and the typical estimated value was $642,000, so I would pay close attention to where the home actually belongs.
I say that because a home can look strong on paper and still miss the market if the launch price ignores what buyers were willing to pay last month. North Kingstown, RI also showed a 101% sold-to-list result, which tells me the right homes can still move very efficiently. That is useful, but only if the pricing and presentation work together from day one. Set the price with the last month of closings in mind. Make sure the home is ready for a strong first impression. Do not give away momentum by starting in the wrong place.
About Hilary Marshall
Hilary Marshall is a licensed Real Estate Professional affiliated with REMAX, specializing in the North Kingstown market. With a focus on strategic marketing and deep local knowledge, Hilary Marshall provides clients with expert guidance in navigating complex real estate transactions. View full profile →
