What do you think a house is worth today that sold in mid 2006 for 240,000?

JusticeB

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I'm looking at a house that is listed out of my price range, by $40,000. I see it was last sold in Sept of 2006 for $240,000 and today they are asking $230,000 which seems kind of high to me. What year did home prices top out?
 
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