Retrospective: Pruneyard Sold Price Analysis 2012

19 April 2013: A look back in time is an effective means of looking ahead at a micro-market like Pruneyard Dry Creek at Campbell CA. Can you spot the irregularity between actual sales prices and current expectations? I can. Apparently, the zeal to get a FOR SALE  sign on the owner's front lawn is more important than representing sellers' best interests with sensible list prices. List prices must make sense to appraisers, lenders, and more importantly astute buyers.   What follows is objective data, subject to interpretation. I see a huge opportunity to sell a properly priced home in the neighborhood rather quickly, most likely for a premium when left to the market to decide the extent of the value proposition. In a sellers' market, buyers decide price, not listing agents and sellers.
It may seem counter-intuitive, but it's true- price right, let the market decide.
Works every time.

PRUNEYARD DRY CREEK  (0-120 days 2013).

Tabular Information Compiled from MLS Data