Cities with the most unrealistic/realistic prices: List price vs. sales price.

SmartMoney crunched the numbers to find the metro areas where the gap between listing prices and the actual purchase prices are the largest and the areas where they’re the smallest:

Three most unrealistic

Atlanta

  • Median list price: $150,000
  • Median sales price: $90,600
  • Difference: -40%

Jacksonville, FL

  • Median listing price: $184,775
  • Median sales price: $121,600
  • Difference: -34%

Washington D.C.

  • Median listing price: $359,900
  • Median sales price: $313,300
  • Difference: -13%

Three most realistic:

Las Vegas

  • Median listing price: $120,000
  • Median sales price: $121,800
  • Difference: +1.5%

Boston

  • Median listing price: $319,000
  • Median sales price: $325,000
  • % difference: +2%

Tampa, FL

  • Median listing price: $139,900
  • Median sales price: $135,500
  • Discount: -3%

I am inspecting a home this morning in Eustis, FL:

3129sf, block construction, hip roof, split AC, built in 2008, on golf course, selling for $129,900. sold in 08 for $389k. there are at least 8 more just like it in this neighborhood. what is realistic?