Tag Archives: sale price

What’s the List Price to Sale Price Ratio in the New River Valley

I was sifting through recently closed sales the other day and noticed a property that had sold for its list price.  While I certainly don’t have a problem paying full price for a good deal, when I looked a little more closely I noticed that the list price had been dropped to the sales price … on the same day that the closing took place.  Someone emailed me later that day and asked me what the typical home in the New River Valley sold for relative to it’s list price.  Well, if I used the example of the house mentioned above, 100%. Every property that goes on the market sells for every dollar of the list price … but you and I know that’s probably not the case. Read More