#home-pricing
#home-pricing

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The Hidden Dangers of Overpricing Your Home

Overpricing a home reduces buyer interest, prolongs market time, risks appraisal failures, and often yields a lower final sale price.

Pittsburgh housing median list price $265,000; strong buyer demand with 33% above-asking closings; 97.7% of list price realized; 28% had price drops.

Consider listing your home 1%-3% above appraisal if in-demand neighborhood.

Pricing above appraisal requires careful thinking, especially for buyers using loans.

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