Tag

sales price as percentage of list

Why Home Prices Are Rising Faster Than You Think

Stealth Factor:  ‘% of Original List Price Received’ “Sellers received an average of 95% of their list price, up 3.6% from July, 2011 and well above the 88.3% seen in early 2011.” –“The Skinny“; August 10, 2012 While everyone focuses on “headline” gauges of home prices — indices compiled by Case-Shiller, MAAR, etc. — they’re...
Read More

“Sales Price as a % of List”

Defining the Denominator One of the more useful (ballpark) benchmarks for determining a home’s likely selling price these days is what Realtors call “sales price as a percentage of list (or asking) price.”   Depending on what part of the Twin Cities you’re talking about (and what price point), the number that’s out there at the moment is...
Read More

Archives