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Sample Report
442 28th St, West Palm Beach FL 33407
Offer Report
442 28th St, West Palm Beach FL 33407 · 4 bd · 3 ba · 2,610 sqft
Asking
$1,995,000
Recommended Offer
$1,780,000—$1,850,000
Negotiability
8.2 / 10
High — seller motivated
Days on Market
136
vs. 41-day median
Price Cuts
2
$155K total reduction
Zestimate Gap
$110K
Asking over estimate

What the Data Tells You

  1. 1
    Closed comps say $1.78M–$1.85M. Five nearby 4-bed sales in the last 6 months landed at $682–$720/sqft — this listing is priced at $764/sqft, roughly 9% above the comp band.
  2. 2
    Time is on your side. 136 days on market is more than 3× the 41-day neighborhood median. After two cuts totaling $155K, the seller has already signaled clear flexibility.
  3. 3
    The Zestimate agrees. Zillow pegs fair value at $1.885M — $110K below ask. A mid-$1.8s offer lands comfortably inside the algorithm’s confidence band.
  4. 4
    Negotiability score is 8.2/10. Long DOM, two price cuts, a Zestimate gap, and softening neighborhood demand all point to a seller who will engage on a sub-ask offer rather than wait for another buyer.

Negotiation Script

“Our offer is $1,820,000. Comparable 4-beds on 27th and 29th closed between $1.78M and $1.85M in the last quarter, and this home has been listed 136 days with two reductions. We’re ready to move quickly with proof of funds — we’d love to find a number that works for both sides.”

3 Questions to Ask the Listing Agent

  1. 1Why has the home sat for 136 days — any specific deal-killers in past offers?
  2. 2Is the seller willing to credit closing costs in lieu of further price reductions?
  3. 3What’s the seller’s timeline — do they have a contingent purchase in motion?

Recent Closed Comps

AddressBedsSqftSold$/SqftDOM
411 29th St42,540$1,820K$71742
518 27th St42,610$1,795K$68858
329 28th St42,720$1,855K$68271
624 26th St52,820$1,925K$68339
207 30th St42,480$1,785K$72033
$702
Comp avg $/sqft
$1.83M
Comp median sale
7.5%
Suggested under ask
41
Median days on market