A grounded look at the numbers behind the next move.
When I study Exeter, RI, I want to know what homes actually closed for, not just what they were asking. Last month, the median sold price was $675,000, and that is the number I would keep closest when I am making a decision.
The median sold price was $675,000 last month. That is the clearest signpost I have when I am thinking about whether a price makes sense or needs another look. I would also keep the $749,000 median list price in view. In Exeter, RI, that higher asking level tells me there was room between what sellers wanted and where buyers ultimately landed. Use the closed number first. Then compare the asking level to it. Finally, decide whether the property deserves a firmer stance or a more flexible one based on what has actually been accepted.
About Hilary Marshall
Hilary Marshall is a licensed Real Estate Professional affiliated with REMAX, specializing in the Exeter 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 →