What Your Asking Price Actually Costs You
The real economics behind your listing price—including what waiting actually costs you.
The estimate starts from what homes in your neighborhood actually closed for over the last 12 months, then adjusts for the things the closed-sale record shows buyers pay for: size, finished basement space, lot, location and condition. Asking prices play no part in it.
Views, golf or lake frontage, a busy road, a notable architect: none of these are in the model. If you know your home sits above or below its neighbors for a reason like that, move this slider.
Median days on market for closed sales in your neighborhood over the trailing window. Auto-loaded from quarterly MLS data.
Closed sales within 25% of your square footage, annualized. Fewer comparable sales widen the ranges.
Median close price divided by final list price for your neighborhood.
Auto-derived from estimated property tax for your jurisdiction, insurance, maintenance, and grounds. Edit the line items in the breakdown panel above the asking-price input.
Time on market reduces achievable price. Default 1% for thin markets like Biltmore Forest where DOM is structural; thicker markets typically run 2–3%.
10-year trailing average is ~10%. Lower this if your alternative use of proceeds is more conservative (bonds, cash, replacement home).
Annual home value growth. Pull from your MLS 5-year trend.
Economic position vs. selling at market today. Cells colored by outcome.
Oby is fully devoted to helping you locate your dream home and providing support for all your selling needs, ensuring a smooth and satisfying real estate process from start to finish.