Should You Be Surprised If Your Home Sells At Or Above List Price?
Scott P. Rogers
No. You should not be surprised if your home sells at or above the list price. As shown above, 53% of homes that have sold thus far in 2020 have sold at or over their list price.
It's a sign of the times, I suppose.
It's a sign of the times, I suppose.
There are LOTS of buyers fighting over very few homes for sale and this often leads to...
- multiple offers
- escalation clauses
- homes selling at or above their list price
Just to put this in context, let's see how things looked three short years ago...
Things were quite a bit different in 2017, it seems!
Way back in 2017 only about a third of homes sold at or above their list price!
As with many other recent market indicators, this is great news for sellers and rather unexciting news for buyers.
