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Real Estate
Reply to "Are sellers cutting prices in your area?"
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[quote=Anonymous][quote=Anonymous][quote]I talked to a realtor friend about this recently. Her comment was that [b]overpriced houses will sit and/or drop their prices, but those that are priced accordingly are under contract within days and often over the list price. [/b] this is in Rockville.[/quote] Does "accordingly" mean that the price is lower than it would have been for a similar house in last year's market? And if so, how much less?[/quote] Different Poster here, but with my house I just sold this past month, yes. I lived in a small neighborhood in G-burg. My model of house went for 750K in 2023, 765K in 2024. We decided to list for 750K and got full price offer within 4 days. DH wanted to list at 765K but I said no as I wanted it to sell fast, 15K is pennies to our gains having lived there 25+ years, and people will tend to set price limits in 50K increments.[/quote]
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