A wide gap between asking and sold prices changes the strategy.
When the asking price sits well above the sold price, I want that to guide the strategy immediately. In Plant City, FL, last month the typical list price was $399,581 and the typical sold price was $337,990.
That difference tells me the first number has to be earned. I would not assume every asking price is ready for a fast yes. The market is still asking for judgment.
For a buyer, that means value checks matter before emotions take over. For a seller, it means the pricing decision deserves more care at the start. Plant City, FL is showing me that the spread still matters.
I would compare each home to closed pricing before reacting. I would also keep my attention on homes where the price and the condition work together. If you want help thinking it through, call me.
