How much can list prices be negotiated in the current housing market?

Most list prices start high and deals are closing well below the original list price. Buyers can and should be negotiating aggressively. I see about 50-100 price decreases per day in the greater Ottawa area.

For sellers, it is important to price your home in line with the most recent market comparables. Pricing above market value will limit the number of showings and is unlikely to lead to a competitive offer.

 

If you are looking to buy or sell in the Ottawa area, I am always happy to answer any questions you may have.

 

Kiril Peev

Tel: 613-263-7883

Email: kiril@sutton.com / www.kirilpeev.ca

Sales Representative / Sutton Group – Ottawa Realty / Brokerage, Independently Owned and Operated

Hintonburg – Orleans – Kanata

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Referrals are always welcome and greatly appreciated. Thank you!

 

Ottawa Real Estate Sold Prices:

For those interested in recent sold prices, Ottawa real estate sold prices are available via my site https://ottawarealestatesoldprices.ca. Please note, you will need to register and sign-in in order to access sold data.