Quote:
Originally Posted by mswlogo
Houses are selling for around 60% over town appraisal. My guess is it goes for around $3m.
2x town appraisal does happen, but unlikely in off season.
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When I bought my house 6 years ago the real estate agent said that property was selling right around town assessed value. Of course it was still a buyers market back then.
My assessed value has gone up 30% so 60% now sounds about right in this sellers market.