How to factor short sale comparable values into offer price?Is it reasonable to expect/ submit an offer to purchase a NON-shortsale property for the average sq. foot price of recent comparable sales that were shortsales? Background: My Realtor provided 4 recent properties that have sold near the house I am interested in. 3 of the 4 were short sales. 3 of the 4 (not all short sales) were at least 600 square feet larger, with the 4th about 150 sq ft larger. The three short sale properties final sale price worked out to $75, $93, and $96/ sq foot. The non-short sale sold at $130/ sq foot. The property I am intersted in has been listed since mid-July and they are asking $177,900 (with one $2,000 price drop a week ago). At 1408 sq ft, it works out to $126/ sq foot. If I consider all of the comparable sales for a straight sq foot comparison- I think the property would need to come down considerably.October 06 2012 - Active Bethel00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.