The phrase “priced to sell” means that a home is priced competitively for what it offers. It signals to buyers that the listing price is somehow attractive or that the home isn’t overpriced. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that when a seller uses the phrase “priced to sell” in their listing, it’s usually because they’re motivated to move their home quickly. The asking price will likely be lower than similarly sized homes on the market in an effort to make the property a strong competitor. Sometimes a seller’s circumstances are pretty unique. If someone needs to be at a job in two weeks or 30 days, that’s going to affect their pricing strategy compared to a seller who’s just thinking of moving to be closer to the grandkids at some point. Someone may list their home as priced to sell for a number of reasons, but it mostly comes down to two drivers: how fast the seller needs to move and what kind of shape the house is in. Check out below to see what sold in Crosswinds West in October 2021:
22339 Peachtree, Novi: 2 bedrooms, 1.1 bathrooms, 1,100 sq. feet, 1 car garage, Sold Price: $183,000
Crosswinds West Home Sold
October 2021
Condition or motivation are probably the two biggest factors that determine how and where a seller should price their properties. For more information on Crosswinds West, or similar Northville or Novi neighborhoods such as Lakewoode Parkhomes, Highland Lakes and Country Place, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.