The phrases "buyer's market" and "seller's market" can lead to poor assumptions. In Atherton, most houses sell under the asking price (list price). This simply reflects that buyers and sellers expect the price to be negotiated downward. It does not reflect a "buyer's...
Buyer’s Market vs. Seller’s Market In Atherton
The phrases "buyer's market" and "seller's market" can lead to poor assumptions. In Atherton, most houses sell under the asking price (list price). This simply reflects that buyers and sellers expect the price to be negotiated downward. It does not reflect a "buyer's...
Atherton Real Estate Trends
The plot of both average and median quarterly Atherton house prices will generally alert you to unusually high or low prices by the separation between the average and median prices changing.
Changes in the Atherton real estate market typically create significant changes in the sales price to list price. The list price is set by looking at recent sales prices. The comparison shows how well sales prices follow expectations.
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