The most recent closed sales can help you set expectations before you choose a list price.
If you are wondering how aggressive you can be before putting a home on the market in Normandy Park, WA, I would anchor that decision to recent closed pricing, not optimism. Over the previous 30 days, a typical closed price was $1,279,750, and that is the kind of number I would use to frame a serious pricing conversation.
Recent closings also show a typical sale at $530 per square foot when I look at the closed activity over the last 3 months, with 10 properties recorded and total volume of $14,225,745. That gives me a broader local reference than one isolated sale and helps set a more disciplined price position.
There is also a wide spread in the last 3 months, from $175,000 at the low end to $4,500,000 at the high end. My advice is to avoid borrowing confidence from the top sale unless your home truly matches that level of size, condition, and positioning.
Price from the middle of the recent evidence, not the headline sale. Check your home against the recent typical price per square foot and recent closed range before you settle on a number. Then decide whether your home needs a stronger value case to justify a premium.
