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Do people nowadays just like pricing their properties at crazy numbers.

So I’m currently looking at a house for me as a primary residence not as an investment. I’ve seen alot of things I really like but when I look at the numbers I’m just like what is this person thinking

I looked at 4 places in two communities and it’s almost like people don’t look at comps

In one subdivisions one place is listed at 440k, the other at 460k ( that one been on the market over a year) the last identical unit sold for 400k

In the other subdivision their asking 475k ( dropped from 500k) most recent one that layout in sane area sold for 445k and of last year

Are people today just making up numbers, or is it a my area problem. Like the one listed for 475k ( which o actually like and will make an offer on) has called my realtor a few times asking if her client is still interested so the market seems to be agreeing with me

submitted by /u/Thick_Cookie_7838
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/1u1a9gq/do_people_nowadays_just_like_pricing_their/
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