The opening price still matters, especially when the market is selective.
When a listing goes live in Shelby Township, MI, I want the opening price to make sense immediately. Last month, the typical list price was $549,900, and that is high enough to demand a serious comparison against the closing level.
Last month, the typical list price was $549,900, while the typical sale was $416,450. I treat that gap as a signal to look closely at positioning, because the opening number has to work hard to earn attention.
For a seller, I would make sure the price is tied to the home's real lane in the market, not to a hopeful ceiling. For a buyer, I would use that same gap to judge whether the home is priced with room to negotiate or simply priced too aggressively.
Check the opening price first. In Shelby Township, MI, I would not let a glossy listing style distract me from the one number that sets the whole conversation.
