A straightforward look at how active homes are being priced.
When new homes hit the market, the first question is whether pricing is landing where buyers will respond. In Mason, MI, the answer starts with last month's 10 new listings and the fact that the median list price reached $346,950.
Last month, Mason, MI had 10 new listings with a median list price of $346,950. That tells me new inventory is being introduced at a level that deserves attention, especially when recent sales closed at a typical $317,000.
For a seller, this is a reminder that your competition is not abstract. It is the homes entering the market right now, and the homes that are already proving what buyers will pay.
Compare each new price carefully. Stay realistic on launch. I would look hard at how a home stacks up against the recent sale level before I decide it is truly well positioned. I would also pay attention to the 97.1% sold-to-list result, because that gives a useful benchmark for how close asking and closing have been.
