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

Land is an important and valuable natural resource, serving both as a store of wealth and as an input in production. Previous attempts to measure the value of land of the United States have focused on indirect measures, inferring values based on the difference between the market value of real property and the replacement value of structures, and have not counted the entirety of the land area.

Homes sold for the month of July, 2017: 168. Homes sold for the month of July, 2016: 141. Sales to listing ratio, July 2017: 92.27%. Sales to listing ratio, July 2016: 72.54%. It pays to know the average price of homes for sale in your neighbourhood, as well as that of homes that have sold, including both over-list and under-list sales.

The analysis accounted for insights from Redfin real estate agents who specialize in neighborhoods across the 46 major U.S. metros. Median sale price: $1,350,000 Average sale-to-list Price ratio:.

Home sales in 2017 showed nearly one-quarter (24.1 percent) of buyers paid more than the asking price, netting sellers an additional $7,000 on average over their initial offering price. The share of homes selling above list price has grown considerably since the beginning of the housing recovery in 2012, when 17.8 percent of sales closed above asking price, according to a new Zillow analysis .

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Zillow helps you find the newest herndon real estate listings. By analyzing information on thousands of single family homes for sale in Herndon, Virginia and across the United States, we calculate home values (Zestimates) and the Zillow Home Value Price Index for Herndon proper, its neighborhoods and surrounding areas .

WASHINGTON (Reuters) – Sales of new U.S. single-family homes fell to a near two-year low in September. Nearly two-thirds of the houses sold last month were either under construction or yet to be.

Elsewhere inside is a wine bar/library, an "oversized, state-of-the-art" gourmet kitchen (pictured above) and a movie theater. Don’t Edit The property last sold in 2003 for $5.1 million. Property.

In Chicago, the share of sales above listing price in 2017 increased by five percentage points to 18 percent in 2017 compared to the 13 percent in 2012. Developing a 2.6 percent median for homes paid for over the listing price in 2017 at an average of $5,100.