How do I price my home correctly for sale (in a market like this)?

That seems to be the $1,000,000 question. Let me backtrack by telling you a few things that you may want to know ahead of time before we dive into this. Right now, in October of 2025, it seems to be a case of the haves and the have nots. The homes that are selling quickly are for the most part under $350,000- and single-family homes.

For the most part townhomes and condominiums are sitting unless it is a town home that is all living on one level. That is indicative I believe of the current market with the interest rates. Being at 6.25% on average for a 30-year fixed rate right now. Once you jump over $700,000 and then the houses are selling quickly again because a lot of people in that price range are not affected by the current interest rates.

Taking all this into account Those are important, but you also have to look at what’s currently active, what is pending to see if the listing price is less than the sold price over the last 180 days. It’s a combination of all of this that will help you determine where you start with a listing price on your home.

Absorption rate plays a key role in this right now. You have to consider that along with what has sold. That will help you get to the right list price. The other thing to consider is a lot of new construction right now In many cases is offering an amazing interest rate for 30-year fixed mortgage. They are hurting so badly for sales that they spent 10s of millions of dollars buying down these rates from lenders to get people into their homes.

All of this is just scratching the surface period if you’re truly serious and want more information to understand the current market and what you should do if you’re going to list your home comma please reach out to me, I’ll be more than happy to answer your questions.