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Price Adjustments and the 2023 Market

Lamacchia Realty

2018 and 2019 depict the paths of what was a ‘typical’ market prior to the pandemic. If you don’t have any requests for showings and if an open house yields an underwhelming crowd, you should review your list price and lower it to attract more buyers. Real estate websites set up their property search tools with price brackets.

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Price Adjustments in this New Housing Market

Lamacchia Realty

2018 and 2019 depict the paths of what was a ‘typical’ market prior to the pandemic. The 2022 trend line is likely to mirror that of 2019, albeit at a lower scale, but with peaks in June and later in the fall. Lamacchia Realty has been selling homes since 2005 and tracking data to develop an effective model on pricing homes.