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There is some interesting data for sellers to considerwhen listing their home for sell in this blog post from the Seattle PI. Here is an excerpt:
"…in the Ballard/Green Lake area there have been 288 single family homes (not including condos) that have sold in the last 90 days. Of those an astounding 122 homes have sold within a week at an average of 12% above asking price and none of those sellers had to reduce their price to get an offer. 71 homes sold in more than 7 days but less than a month at an average of 98% of asking price and 21% of those sellers had to reduce their list price before someone made an offer on their home."
This definitely emphasizes the importance of pricing your home correctly from the beginning if you want to get top dollar from your sale!
