A “For Sale” sign in front of a California home, symbolizing seller strategy in a competitive market

Overpricing Will Cost You in This Market — Sell Smart, Not Fast

July 04, 20251 min read

Let’s be real — overpriced homes are sitting longer this summer. And in July 2025, that delay could cost you more than just time.

📈 Across Los Angeles, Orange County, Riverside, and San Bernardino, inventory is rising. In many zip codes, listings have jumped 10–17% since May — giving buyers more choice and sellers less wiggle room.

🔍 Homes priced right — within 2% of real market value — are going pending in 3 weeks or less.
Overpriced homes? Many are still sitting, eventually needing price drops and buyer credits to move.


👇 Real Scenario:

A seller in Downey listed their 3-bed home at $699K — about $30K above nearby comps. Crickets for 20 days.
They adjusted to $669K and offered a 2% credit. It finally went into escrow — netting them $22K less than if they’d priced it correctly upfront.


⚠️ Sellers: This Market Rewards Strategy, Not Hope

In 2023–2024, listing high worked. In 2025? Not so much.

Buyers today — especially FHA, VA, and conventional — are:

  • Payment-focused

  • Asking for closing cost credits

  • Comparing your home to every one within a 10-mile radius

If you don’t catch attention Day 1, your listing will likely be skipped.


🧠 Want to Sell Smart?

✅ Get a true net sheet showing your proceeds after fees
✅ Learn which homes are getting offers — and why
✅ Build a custom pricing plan and a smart digital listing strategy


🔗 Learn More: https://tmirebroker.com

Serving all cities across Southern California — from Los Angeles to Riverside, Anaheim to Rancho Cucamonga. Let’s price it right — and sell it fast, without leaving money on the table.

Troy P. Mire is a distinguished Real Estate Broker (DRE: 01199870) and Mortgage Broker (NMLS: 1795353) known for his expertise in the real estate industry. With a focus on providing comprehensive services, Troy specializes in FHA, Conventional, VA, USDA, and DCSR loans. Operating in various Southern California counties, including LA, Orange, Riverside, San Diego, San Fernando, and San Bernardino, Troy's commitment to personalized and professional real estate services has earned him a notable reputation in the field. For inquiries or assistance, Troy can be reached at tmire@tmirebroker.com or 562-244-7963.

Troy Mire

Troy P. Mire is a distinguished Real Estate Broker (DRE: 01199870) and Mortgage Broker (NMLS: 1795353) known for his expertise in the real estate industry. With a focus on providing comprehensive services, Troy specializes in FHA, Conventional, VA, USDA, and DCSR loans. Operating in various Southern California counties, including LA, Orange, Riverside, San Diego, San Fernando, and San Bernardino, Troy's commitment to personalized and professional real estate services has earned him a notable reputation in the field. For inquiries or assistance, Troy can be reached at [email protected] or 562-244-7963.

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