re: Are houses appraising in accordance with the inflated sales price?

The house across the street appraised at 20k less than the asking price. The buyers paid the extra 20k.

One two houses down sold for 15k over asking. I don't know what it appraised at, but the asking price was the same as the one across the street, and I seriously doubt it appraised for more. If that's the case, then the buyers would have come up with 35k extra in cash.