Sellers gain more by attracting action than by defending an ambitious number.
If you are deciding where to set your asking price in Troy, NY, I would rather help you create leverage than chase a number that feels good on paper. The market is still rewarding sellers, but it is rewarding the believable ones most.
The recent numbers make that clear. Active homes in Troy, NY carried a typical asking price of $299,900 over the previous 30 days, while recent closed sales finished at $275,000 last month. At the same time, offers averaged 98.7% of asking, which tells me buyers are participating seriously, just not blindly.
There is still low supply at 1.05 months, and that creates opportunity. I would use that advantage to create urgency, not to test the market past its comfort point. New listings entered at $284,400, so sellers are already stepping in below the active median in many cases. That is often the smarter posture when the goal is strong traffic and faster feedback.
Set the asking price where buyers can see the value quickly. Make sure your presentation supports that number the moment the listing goes live. Watch the first week carefully and protect momentum with fast, honest adjustments if needed.
