Home Prices in Cranbury
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PostPosted: Sat, Apr 25 2009, 6:36 pm EDT    Post subject: Re: Home Prices in Cranbury Reply with quote

Guest wrote:
Gee. That $1.8 million listing on Petty Road sure makes the other listings on Petty seem like bargains.

Seems like your theories start to break down in situations where there is such a short list of comparable inventory.

Your comments remind me of an agent I interviewed. Had I listened to her, I would have listed my house for 20 percent less than I sold it for.


Not a theory. Backed by substantial data, economists and market history.

There is always a comp. I can't think of a single house in Cranbury that can't be comped. I live in a tiny neighborhood with no says in 3 years and I could still approximately comp it. But even if there was such a house, you can still go work down from the assessent value.

When did you sell?
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