Re: Asking price of homes
I had been tracking prices for over a year before I bought. I went back and looked at asking price and then checked what they actually sold for. The figure you got of 96% to 97% is exactly right. A few go for less. Saw one at 91% and a few at 94%. But others went for 100%. I did an average of 126 homes and it was 97.2% of the asking price. Now what I can't tell is what else was done in the contract. Points, golf cart, closing dates, and potential other items the seller or buyer may have got. But pure data gave a 97.2% of asking price. Actual with extras is probably just slightly less.
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Life is to short to drink cheap wine.
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