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Ambassador
1,445,319
Susan Emo
Sotheby's International Realty Canada - Brokerage - Kingston, ON
Kingston and the 1000 Islands Area

In whose opinion?  I echo what Bob Crane said!

Jun 04, 2016 11:41 PM
Ambassador
6,348,373
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Good question no idea, when I'm buying they all seem overpriced, when I'm selling well that's a different story.

Jun 04, 2016 11:40 PM
Rainmaker
4,846,785
Richard Weeks
Dallas, TX
REALTOR®, Broker

100% of the ones that never sell.

Jun 04, 2016 11:52 PM
Rainmaker
986,452
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

I have no idea until I do the research - amd I'm not doing it on over 2500 listings LOL

Jun 05, 2016 10:59 PM
Rainmaker
5,583,167
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

I'd GUESS at 30%

Jun 05, 2016 02:35 AM
Rainmaker
2,219,617
Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

I would say 10%

Jun 05, 2016 01:14 AM
Rainmaker
1,683,762
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

About 100% of all FSBO's in our area are overpriced. (Just a guess).  I think that about 95% of Active Listings are initially overpriced for the first 30 days.

Jun 05, 2016 01:13 AM
Rainmaker
1,513,143
Raymond E. Camp
Ontario, NY

More than some agents would care to admit!

Jun 05, 2016 12:28 AM
Rainmaker
1,722,226
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

I guess if a home does not sell within the median days to closing it would be considered overpriced? There are still so many other factors besides price to consider, plus for us, the snowbirds have flown north.

Jun 05, 2016 12:01 AM
Rainmaker
7,783,544
Roy Kelley
Retired - Gaithersburg, MD

I have no idea. Why is our market important to you?

Jun 05, 2016 09:06 PM
Rainmaker
634,482
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

It varies but I'd guess an average of 25-30%.

Jun 05, 2016 06:31 PM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Tony and Suzanne Marriott, Associate Brokers - I do see inventory going up and homes staying on market for longer period now - I am not sure if I'll call it overpricing yet as DOM is still under 2 months for the offer.

Jun 05, 2016 03:21 PM
Rainmaker
3,986,196
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Maybe 10%

Jun 05, 2016 03:15 PM
Ambassador
5,030,483
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

I hazard a guess at 10 - 20%. In some cases it's clear, and perhaps more so at the high end. But some homes are selling at prices that surprise me relative to comps, and with prices rising...

Jun 05, 2016 02:04 PM
Rainmaker
2,349,398
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

probably 10%

Jun 05, 2016 11:59 AM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Less than 10% though some are priced in the upper part of the price range as the seller may insist to see what happens.

Jun 05, 2016 09:51 AM
Ambassador
3,338,299
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I see more price increases in my market these days than I do price reductions. Percentages ... don't know. 

Jun 05, 2016 09:36 AM
Rainmaker
4,894,521
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Boy not sure how to figure that.

Jun 05, 2016 07:28 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I really don't know.  This would depend on your definition of what you mean by overpriced.

Jun 05, 2016 06:10 AM
Rainmaker
1,157,785
FN LN
Toronto, ON

I don't track such metrics and I don't know if anyone else does.

Jun 05, 2016 05:51 AM
Rainmaker
823,379
Susan Laxson CRS
Palm Properties - La Quinta, CA
Realtor in San Diego, CA & Naples, FL

With prices as high as $59,900,000 and over 1,117 listings over $1M. I couldn't even begin to guess.

Jun 05, 2016 04:53 AM
Rainmaker
1,497,558
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Short of comping everything that comes out, I don't really know.

Jun 05, 2016 04:51 AM
Ambassador
2,678,449
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Probably half.  We are in a Buyer's Market, the Sellers just don't get it.

Jun 05, 2016 04:41 AM
Rainmaker
1,839,276
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

We used to have a report that told us that but I can't find it. It had the old list price to sales price.  I believe it was 4% last time I looked. So there are still plenty of price reductions going on.

Jun 05, 2016 03:17 AM
Ambassador
3,727,581
Patricia Kennedy
RLAH@Properties - Washington, DC
Home in the Capital

I'd say far fewer than the ones that are under-priced!  That's only because the ones I think are overpriced seem to be flying off the shelf!

Jun 05, 2016 01:49 AM
Rainmaker
1,231,822
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Love Bob Crane comment!

Jun 05, 2016 01:45 AM
Rainmaker
5,095,661
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I couldn't begin to guess... we see things selling all the time that we feel might be pricey, and yet they still sell quickly and appraise. Since our sell price to original list price on average is almost 96% year-to-date, with some areas at 98+%, I would say not many.

Jun 05, 2016 12:41 AM
Rainmaker
4,969,111
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

I'm seeing more now but not sure of the percentage.

Jun 05, 2016 12:32 AM
Rainmaker
921,404
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

In my opinion NONE!

The reason I say NONE is the intent of the owner is unknown.

The assumption real estate agents make regarding intent in their ability to determine value (i.e. Overpriced) is always questionable.

In my opinion.

 

Jun 05, 2016 12:05 AM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I do not know.

Jun 04, 2016 11:53 PM
Rainmaker
1,617,866
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

I would guess 4%

Jun 21, 2017 06:16 AM