I keep this simple so the next decision is easier to make.
If you are buying in Fontana, CA, you do not need more noise. You need a clean read on asking prices, and last month the median list price was $675,000, which is the number I would start with.
Last month, the median list price was $675,000, and that is the starting point I would use before touring anything. It matters because it tells me where the market is asking buyers to begin the conversation.
For a buyer, I would compare each home against that figure and then decide whether the condition or location justifies the price. For a seller in Fontana, CA, I would use the same benchmark to make sure the home enters the market with a number that can hold up under scrutiny.
Use the asking price as a checkpoint. Then compare it to the closed side. After that, decide whether the home is worth a fast move.
