Why are we seeing lower comps for our house compared to higher comps,smaller hse same st?

How do we get correct comps?
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January 03 2009 - Geneva
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Answers (1)

I won't consider useing comps (Solds) more than 60 days old I look at active listings for an idea of trends.  But remember most actives are over priced and will never sell.   I also price the house at about 90% of the very last sales.  The longer you sit on the market the less your house is worth so you need to be very aggressive on the price or it won't sell.
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January 03 2009
 
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