What recent closed pricing means for your next step.
When you're weighing a move, the real question is how much pricing room you actually have. Last month in Chatsworth, CA, the median sold price was $1,062,500 and the median list price was $1,194,450, which tells me pricing still matters more than guesswork.
Last month, the median sold price was $1,062,500. I use that as a reality check because it tells me where buyers actually closed, not where listings hoped to land.
The median list price was $1,194,450 last month, so I treat asking price as a starting point that still needs to be justified. In Chatsworth, CA, that is the kind of spread that rewards careful comparison instead of fast assumptions.
Check the gap first. Price against the closings. Stay disciplined on the first number you trust.
