This is the average percent difference plus or minus between asking price and selling price. This is an important number, especially in our current environment of “Low Ball” offers.
When homes are well priced, this is close to the percentage we are seeing sellers come off of their price.
Month |
Listing Discount |
January 2008 |
3.6% |
February 2008 |
3.1% |
March 2008 |
2.1% |
April 2008 |
2.5% |
May 2008 |
2.8% |
June 2008 |
2.9% |
July 2008 |
2.8% |
August 2008 |
3.4% |
September 2008 |
3.5% |
October 2008 |
3.7% |
This information provided by: Joe Boylan http://www.springshomes.com
"Based on information from the Pikes Peak REALTOR Services Corp. ("RSC"), for the period January, 2008 through October, 2008 . RSC does not guarantee or is in any way responsible for its accuracy. Data maintained by RSC may not reflect all real estate activity in the market.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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