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

The san francisco housing market is most competitive. Homes in San Francisco receive 2 offers on average and sell in around 19 days. The average sale price of a home in San Francisco was $1.43M last month, up 3.4% since last year. The average sale price per square foot in San Francisco is $1.02K, down 1.8% since last year.

Meanwhile, the number of homes sold decreased 11 percent.” “In santa clara county last month, 25 percent of homes sold for less than their asking price, up from 19 percent in August 2017, according to MLSListings. Meanwhile, 68 percent of Santa Clara County homes sold above their asking price last month, down from 75 percent in August 2017.

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Note again that you pay the capital gains tax only when you have sold your investment or real estate and have realized a profit. Having a lower tax rate.

Jan 11, 2018. SEATTLE, Jan. 11, 2018 /PRNewswire/ — Buyers paid more than the asking price in nearly one quarter (24 percent) of U.S. home sales in 2017, netting sellers an additional $7,000 each. Five years ago, 17.8 percent of final sale prices were higher than the asking price, according to a new Zillow analysisi.

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Home Australian Housing Can’t loose with property? 24% of Sydney Sellers Disagree. Residex research shows 24% of Sydneysiders who have brought and sold property in the past five years have lost. The average shortfall has been more than $54,000 or in many cases, the value of two years rent.

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The typical home seller in 2017 was 55 years of age, had a median household income of $98,800, and lived in their home for 9 years. 91% of sellers were assisted by a real estate agent when selling their home. Recent sellers typically sold their homes for 99% of the listing price, and 23% reported reducing the asking price at least once.

A quarter of homes in US sold above list price in 2017. In Atlanta, the share of sales above listing price in 2017 slightly increased from 19.3 percent in 2012 to 19.6 percent in 2017. Developing a 2.4 percent median for amount paid over listing price in 2017 at an average of $5,000. A combination of factors is contributing to sellers’ windfalls,

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