More options, but the details still matter.
If you are sorting through Tiverton, RI homes, I would not make the mistake of judging the market by one impressive list price. Last month, the median list price was $730,000, but the typical sold price was $521,000, and that spread tells me selection still needs a careful eye.
The gap between asking and sold price was still wide last month. That matters because it forces a decision about value, not just availability. I would expect buyers to compare condition, location, and pricing side by side instead of reacting to the first property that looks polished.
For sellers, the message is simple. A strong asking position still has to line up with what recent closings support. For buyers, I would treat the gap as a reason to stay disciplined and not overpay just because a listing feels rare.
Compare, pause, then act. Keep your attention on the recent sold price. And make sure every offer or price change reflects the same reality.
