Setting the Price
The price is the first thing buyers notice about your property. If you set your price too high, then the chance of alienating buyers is higher. You want your house to be taken seriously, and the asking price reflects how serious you are about selling your home.
Several factors will contribute to your final decision. First, you should compare your house to others that are in the market. If you use an agent, he/she will provide you with a CMA (Comparative Market Analysis). The CMA will reflect the following:
From the CMA, you will learn the difference between the asking price and selling price for all homes sold, the condition of the market, and other houses comparable to yours.
Also, try to find out what types of houses are selling and see if it applies to your area. Buyers follow trends, and these trends can help you set your price.
Always be realistic. Understand and set your price to reflect the current market situation.
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Medway has 5.17 months of inventory which is considered a Seller's Market.
Bellingham has 8.4 months of inventory which is considered a Buyer's Market.
Holliston has 4.73 months of inventory which is considered a Seller's Market.
Hopkinton has 5.92 months of inventory which is considered a Neutral Market.
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Eileen brings local insight, clear communication, and a client-first approach to every transaction. Whether you’re buying, selling, downsizing, or exploring a move into a higher price point, Eileen provides the guidance, strategy, and support needed to move forward with confidence. Her approach is personal, responsive, and focused on helping you make smart decisions at every stage of the process. From the first conversation to closing day, you can expect experienced representation and a steady hand throughout your real estate journey.
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