The fascinating phenomenon of paying over the list price continued last month.
The practice is fairly unpredictable and doesn’t appear to be rooted in reason and logic, mostly due to the lack of uniformity in the presentations. If every property was tuned up nicely and priced attractively, there might be some trends to follow but they aren’t obvious currently.
There were more sales that closed for $100,000+ UNDER the list price, than over!
The scattered results will frustrate the binary folks who just want to know if prices are going up or down. The answer is YES!
The monthly sales might have peaked for the year though:
