There is a reason short sales, foreclosure and standard (regular) sales listings are priced differently. The simple reason – condition.
Standard listings are more likely to be move in ready.
Based on my experience standard listings are more likely to have less major systems issues (roof, AC, electrical, structural). This explains the reason for the differences in sales prices.
The September 2012 chart of lender mediated closed sales in Brevard County, Florida shows a decrease in short sale and foreclosure selling price but an increase in traditional sales selling price.
No surprise here…In Brevard County, Florida “Move In Ready” Homes Cost More thans "distressed" sales.