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Old 07-08-2024, 10:15 AM   #32176
PeanutButter
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Quote:
Originally Posted by Eff-1 View Post
Ours is a 920 sqft 2bd 2ba newer unit listed at $1,029,900. We've been on market now for 20 days. Today will be our 4th open house. We've had just one lowball offer of $950k (he came back later at $972k before we told him to buzz off).

Also, if we listed 12-18 months ago, we'd be listing at $100k higher.

And on top of that, there are 2 other comparable units in our building for sale at the same time that we're directly competing against.

When they say inventory is the highest its been since 2019, they are right!

This market has definitely cooled and now might be a good time to consider buying if you weren't sure. (Hey maybe Ch28 is still trying to time the market haha).
I wouldn't think $950k is a low ball offer. Even at $972k, isn't that a pretty good offer? I guess it comes down to the comparibles in your area and your optimism in the market.
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