Last sold price is one of the factors I consider while making an offer on a property. How trustworthy these figures are in your opinion. I am asking this because a potential buy I am looking into is for sale for much less than the last sold price. The owner is willing to negotiate further down and apparently will sell approx. $100K less than he bought it for. Which is quite astonishing for me. It is unbelievable he paid that much for the property, is there a chance the last sold price may be rigged?