The recent sale pattern gives you a better starting point.
When I am helping someone think through an offer, I want the starting point to be real, not emotional. In Cohoes, NY, last month's typical sale of $297,500 and 100.9% sold-to-list result give a strong baseline for that conversation.
Last month, the typical sale was $297,500 and homes sold at 100.9% of asking. That is the kind of combination that tells me the market still expects people to be prepared.
For Cohoes, NY, I would not assume a discount is automatic, but I also would not assume every home is out of reach. The recent sale level, the 54-day pace, and the 1.58 months of supply all help shape a smarter approach.
I would compare the home in front of you with the recent sale anchor, then decide how hard to push and where to stay flexible. I would also keep the active asking price in mind so the offer lines up with the market.
