What is a realistic price for a house in York County?

The latest York County housing stats

The latest York County housing stats

On Friday, I was looking over the most current York County housing stats and noticed a comment offered by Paula Musselman, vice president of the Realtors Association of York & Adams Counties.

“Of course every seller wishes that the home sale prices of six years ago still existed today, but the current market is clearly different,” she said. “If a property is realistically priced, it will sell.”

I get what Musselman is saying about housing prices. If you paid $250,000 for a house in 2007, that property might now be worth $200,000. Of course, location factors a lot into an asking price.

If you were selling your house, would the asking price be based on what you paid or what the current market can bear?

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