HomeBiddy
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
Why This Number
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.
Time is on your side. 136 days on market is more than 3× the neighborhood median. After two cuts, the seller has already signaled flexibility.
The Zestimate agrees. Zillow pegs fair value at $1.885M — $110K below ask. A mid-$1.8s offer lands inside the algorithm’s confidence band.
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
- 1Why has the home sat for 136 days — any specific deal-killers in past offers?
- 2Is the seller willing to credit closing costs in lieu of further price reductions?
- 3What’s the seller’s timeline — do they have a contingent purchase in motion?
Recent Closed Comps
| Address | Beds | Sqft | Sold | $/Sqft |
|---|---|---|---|---|
| 411 29th St | 4 | 2,540 | $1,820K | $717 |
| 518 27th St | 4 | 2,610 | $1,795K | $688 |
| 329 28th St | 4 | 2,720 | $1,855K | $682 |
| 624 26th St | 5 | 2,820 | $1,925K | $683 |
| 207 30th St | 4 | 2,480 | $1,785K | $720 |
$702
Comp avg $/sqft
$1.83M
Comp median sale
7.5%
Suggested under ask
41
Median days on market