Recent closed prices give a clean benchmark to work from.
If your main question is whether the market gives you a fair pricing guide, I would say it does in La Puente, CA. Last month, the median sold price was $780,000, and that is the number I would treat as the first benchmark.
Last month, the median sold price was $780,000, and the median list price was $768,000. That relationship tells me buyers and sellers were operating in a fairly narrow range, which is exactly the kind of market where pricing discipline matters.
That matters because a home that starts too far from the recent sold number can lose momentum before it has a chance to be judged fairly. In La Puente, CA, I would use the recent closed range to decide how bold or conservative the list price should be.
Set the price with intention. Keep the first impression clean. Then adjust only when the response tells you it is necessary.
