What the current numbers tell me before you write an offer
If I were buying in Apache Junction, AZ, I would not start with the asking price alone. Last month, the sold-to-list figure was 98.5% and the typical sold price was $465,000, so I would focus on value and room to negotiate rather than assuming every list price is the end of the story.
The sold-to-list figure was 98.5% last month, and that tells me the market is still asking for disciplined offers in Apache Junction, AZ.
The typical sold price was $465,000, which gives me a solid point of reference when I am trying to judge whether a listing is truly positioned well. I would use that benchmark before I move.
Compare each home to the recent sold level. Keep your offer grounded. Walk away when the numbers stop making sense.
