According to the Journal Of Housing Research, their studies have determined that the best strategy for pricing a home is the "just under strategy".  This allows you to set the asking price just below a round number, for instance, $199,900 versus $200,000.  The study reveals that by using the "just under method" sellers can price their homes slightly higher without driving away buyers and as a result end up selling their home for more money. For information on what is the appropriate price to list your home please give me a call.