Comparables -- prices of similar, nearby homes that have been sold recently -- along with high and low ranges for a particular property. Your agent can tell you how long homes are staying on the market, and the percentage of the asking price sellers are getting. This information tells you how hot the market is where you are looking. Also find out how long the property has been on the market. If it's been languishing for months without an offer, it could be a slow market or it could be overpriced.
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