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If you’re selling a home, it’s helpful to know how much other homes in your area have recently sold for. This information can help you determine an asking price for your house and give you a sense of whether it’s overpriced or underpriced. You can also use this data when negotiating offers and counteroffers with prospective buyers. Understanding house sale prices is important for both buyers and sellers. The housing market tends to be a leading indicator of the overall economy, so slowing economic conditions can impact how quickly people can buy or sell
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