The trend of paying over the list price is increasing.

NSDCC Detached-Home Sales Closed Over List Price

January: 38%

February: 43%

March: 51% (of the first 75 closed sales of the month)

Most sellers and agents are happy just to get 1% to 5% over list which will cover some or all of the commission. There were only four that went double-digit over:

Most % Over List Price

List Price
Sales Price
Percentage Over List Price
$1,900,000
$2,255,551
19%
$1,200,000
$1,350,000
13%
$1,750,000
$1,953,800
12%
$1,095,000
$1,205,000
10%

NSDCC Sales, March 1st-10th: 75

Average List Price: $2,072,379

Average Sales Price: $2,049,937 (99%)

Median List Price: $1,750,000

Median Sales Price: $1,800,000 (103%)

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Jim the Realtor
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!

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