Pricing strategy isn’t about what you want to net. Overprice at your own peril!
Here is recent data, from Los Angeles County: • 69% of homes sold without a price reduction •Those homes sold at 99% of their list price • Median time to go pending? 17 days Now compare that to homes that started too high: • Reduced 1–4% → sold at 97.4% of list price • Reduced 5%+ → sold at 96.1% of list price And they stayed on the market significantly longer! That difference may look small on paper. But at higher price points, a few percentage points can mean a meaningful shift in your net — and months of additional time on market.
You only get one moment when your home is new to the market.
Momentum matters. Pricing precision matters more.
If you’re considering a move and want to talk strategy, send me a message. The planning phase is where value is protected.
—Leah Guerra, your Brentwood, Los Angeles real estate agent bringing you the best of the Westside.