Back in 2000, homes sold at an average of 97.4% of the list price --- now, they sell for an average of 94.7% of the list price. That's not actually much of a shift --- only a decline of 2.7%. A few other observations....
- At the pace of the market improves, list to sale price ratios increase, likewise as the real estate market slows, the list to sales price ratio declines.
- It is wild that homes were selling **on average** at 99.1% of the list price in 2005, as this must mean that quite a few were selling above the list price.
- Somehow, 2009 was an exciting year with the list to sale price ratio shooting back up to 99.2% -- perhaps because 2009 included one of the expirations of the home buyer tax credit?
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