Avoid This Costly Mistake When Selling in North Park

What’s the most costly mistake you should avoid when selling a home in North Park?

Overpricing your home is the most expensive mistake. It leads to longer time on market, fewer offers, and ultimately, lower sale prices.

Why Overpricing Hurts You

  • Buyers compare your price to similar homes nearby. If you’re too high, they skip your home.
  • Homes that sit on the market for too long raise red flags. Buyers assume something’s wrong.
  • Price drops signal desperation. It weakens your negotiating power.

What the North Park Market Tells Us

  • In North Park, homes priced right often go under contract in less than 10 days.
  • Overpriced listings can sit 30–60 days longer, even in a strong market.
  • The McT Real Estate Group tracks local stats weekly. We’ve seen firsthand how pricing affects outcomes.

How to Price Right From the Start

Number of Price Reductions Increasing
Number of Price Reductions Increasing
  • Get a comparative market analysis (CMA) from a local expert, like the McT Real Estate Group.
  • Look at recently sold prices, not just active listings.
  • Consider your home’s condition, upgrades, and lot size—not just square footage.

The Role of Online Pricing Tools

  • Zillow estimates can be misleading. They don’t account for walkability, curb appeal, or recent updates.
  • Online tools are a starting point, not a pricing strategy.
  • Lean on agents who walk the neighborhood daily and talk to buyers weekly.

Avoid Emotional Pricing

a 50 year old couple sitting at the table with a female real estate agent that is brunette with long hair. They are taling about pricing their home for sale.
  • You love your home, but buyers don’t share your memories.
  • Pricing based on what you need to make doesn’t match market value.
  • Let data—not feelings—guide your price.

How McT Real Estate Group Helps You Avoid This Mistake

  • We live and work in North Park. We know what homes actually sell for.
  • We provide custom pricing strategies backed by market data and buyer behavior.
  • Our listings get noticed early—because they’re priced right and marketed smart.

Next Steps for Sellers in North Park

  • Schedule a free pricing consultation with McT Real Estate Group.
  • Get your home evaluated in the context of the current North Park market.
  • Start smart. Avoid the overpriced trap.

Ready to price your home correctly and sell with confidence? Contact the McT Real Estate Group today to get started.

 

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