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What Percentage Of The List Price Can You Expect Right Now?

Written by Matthias Alleckna | Sep 28, 2023 2:00:50 AM

What Percentage Of The List Price

Can You Expect Right Now?

97% is The Answer!

What is the above?

The average percent of the original price of a house, often referred to as the "average price-to-original-price ratio," is a key indicator in the real estate market. This ratio represents the difference between the initial listing price of a property and the final selling price.

It's a crucial metric for both buyers and sellers as it provides insights into market conditions.

In a strong seller's market, the ratio tends to be higher, indicating that homes are selling closer to or even above their original listing prices.

In contrast, a lower ratio may suggest a buyer's market, where properties are selling at a discount.​​

ROCKSOLD

Ocean Park

4 Bedrooms

Basement Suite Potential

Lot 7,529 sqft / 65' x 115' Flat Rectangular

Back Lane

Ocean Park, Surrey

ROCKSOLD

Cloverdale

2 Bedrooms

Lot 7,370 sqft / 56' Frontage

Cloverdale, Surrey

Ready To Find Your Next Home or Investment?

Rock Realty is here to help, call today!

Founder/CEO, Rocky Sharma 604-825-7743

or

Partner Realtor, Matthias Alleckna 604-343-5222

TOP 1% REALTOR

at Century21

"Your Professionals"

Rock Realty, 1267 Johnston Rd, White Rock, BC, Canada