Home Price vs. Home Value: What Buyers Should Really Be Looking At
Published: Monday, May 12, 2025
In the world of real estate, numbers matter — but not all numbers carry the same weight. Many buyers and sellers focus heavily on closed sales when trying to understand the market. But if you want to know what’s happening right now, you should be watching pending sales instead.
Pending homes — those under contract but not yet closed — are your best indicator of what today’s buyers are willing to pay. They reflect current market demand, buyer activity, and urgency. These homes show us where the action is, what features buyers are chasing, and what price points are generating offers.
Sold homes, on the other hand, are a snapshot of the past. That data could be 30 to 90 days old and may not reflect recent changes like interest rate hikes, inventory shifts, or new competition.
If you're shopping for a home this spring, looking at pending properties helps you stay competitive. If you're selling, it helps you price your home smartly — in line with buyer expectations today, not last season.
Want help analyzing the most up-to-date data in your neighborhood? I’ve got my eye on every pending sale in Oconee, Pickens, Anderson, and surrounding Upstate SC counties — and I can help you use it to your advantage.
???? 864-710-4518 | ???? gwen@gfowler.com
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