Correctly pricing your Charlottesville home for sale may be the most important decision that you will make in the process of selling your home.
Realistically priced homes are the ones that are getting shown in the Charlottesville Virginia real estate market. Of course it follows that if your home does not get shown it will not get sold.
We know that over 84% of homebuyers are beginning their search for a home on line. How are those buyers searching? By price of course. It is only after they pull up homes by price that they will click through and examine the features offered by particular homes.
In the past when you interviewed an agent about listing your home, they prepared a cma looking at comparable sold properties from the past six months. However the market has been changing so quickly, that if you look at the Charlottesville Virginia home sales for the past six months the figures will not be valid for pricing a home today. Even looking at the prices that homes sold for from the past three months may be misleading.
Instead in this market it may be more important to consider the homes that are pending and contingent. You will not be able to determine what price is on the contract, but you will be able to look for homes that are comparable to your property that are under contract and see how they are priced. This will be a good measure for how to price your Charlottesville home for sale.
Now you know what price range for your particular type of Charlottesville home is drawing offers. Pending and contingent contracts may offer the best insight for how to price your home realistically.
Realistic pricing brings showings and showings bring offers!
Contact Pam Dent, e-PRO, SRES, NHD, REALTOR®, Real Estate III, Charlottesville, Virginia at 434 960-0161 to buy a property in the following areas in Central Virginia: Charlottesville, Albemarle County, Keswick, Glenmore, Ivy, Crozet, Earlysville, Free Union, Cismont, Scottsville, Fluvanna County, Troy, Palmyra, Lake Monticello, Louisa County, Louisa, Mineral, Spring Creek, Orange County, Gordonsville, Orange, Barboursville, Greene County, Ruckersville.
View all of the Charlottesville Virginia homes for sale.
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Copyright © 2009 by Pam Dent, all rights reserved, "Pricing Your Charlottesville Home For Sale".
First published on Charlottesville Real Estate Talk.
