24% of U.S. Homes Sold in 2017 Sold Above List Price

U.S. home prices rose 6.2 percent. the market in 2010. One in five homes (22.2%) that sold in April went under contract within two weeks of their debut. One in four (24.7%) homes sold above their.

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Homes Sold Faster than Ever in 2017 Shrinking inventory limits options for buyers this home shopping season, leading to more competition – It took 81 days to sell the typical U.S. home last year, including the time to close the sale. – The single fastest-selling month in 2017 was June, when the typical U.S. home sold in 73 days.

The San Francisco housing market is most competitive. Homes in San Francisco receive 2 offers on average and sell in around 15 days. The average sale price of a home in San Francisco was $1.43M last month, up 4.7% since last year. The average sale price per square foot in San Francisco is $1.07K, up 1.7% since last year.

Homes sold for the month of July, 2017: 168. Homes sold for the month of July, 2016: 141. Sales to listing ratio, July 2017: 92.27%. Sales to listing ratio, July 2016: 72.54%. It pays to know the average price of homes for sale in your neighbourhood, as well as that of homes that have sold, including both over-list and under-list sales.

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Zillow is a registered trademark of Zillow, Inc. [i] From 2012-2017, the November to December changes were as follows (in percentage points): +0.75%, -0.14%, +0.01%, +0.44%, -0.25% and -0.15%. [ii].

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The share of U.S. home sales that were above the listed price increased from 17.8 percent in 2012 to 24.1 percent in 2017. sold above asking. How much more did Philly homebuyers spend on their new.

Home sales in 2017 showed nearly one-quarter (24.1 percent) of buyers paid more than the asking price, netting sellers an additional $7,000 on average over their initial offering price. The share of homes selling above list price has grown considerably since the beginning of the housing recovery in 2012, when 17.8 percent of sales closed above.

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