We all know that homes are selling for well over asking price...but how much over and what tools do we have to communicate that to our buyers and sellers? Well, we crunch the data for you. We took multiple price points, calculated the list price to sale price ratio for the month of May and translated that to a dollar amount. The result is the sharable graphic in this week’s email to help you illustrate the average amount over asking price homes are selling for at different price points. Additionally, if you want even more detail we publish the list to sold price ratio for every school district in the area in our quarterly market summary. Finally, if you are targeting a specific area and price point send me an email and I will show you how to pull that information. Keep elevating the industry!
Download: How Much Over Asking Price Graph
Watch the video: https://youtu.be/Uc14JZYnPsc
David Veldkamp - (616) 460-6123 | Daveveldkamp@remax.net
Owner, RE/MAX GR