Okay, for those of you who love numbers... you'll like this! I'm sure you've seen on the news or hear from friends how the home market is around here right now (it's on fire). Biddings wars, days on market is often hours on market, homes going under contract before they actually go active, and more. That being said, not all homes fall into that category. The demand is real. The low inventory is real, but here's a snapshot that shows not everything is selling over list price. A lot of info that floats around is often generic in nature, but here are some specifics on how the last 250 homes have closed in relation to their original list prices. I've gone one step further and broken it down according to home price brackets, because I know we all wonder where each of our properties may fit into the mix. You'll be able to quickly see how homes sold for: the original listing price, below the original listing price, or above the original listing price. There are many more ways this data can be analyzed, but this will give you an idea on how properties are closing. Check it out - it's great info!
