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

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Contractors raise framed walls in San Jose, Calif. No doubt you’ve seen or heard reports about a housing shortage in the U.S. While this can make it difficult to buy a home, it can make you plenty of.

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A quarter of homes in US sold above list price in 2017. by Chase Conner January 12, 2018. 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 portion of for-sale homes teachers can afford to buy has fallen the most in Charleston, where the typical home sold for $268,000 in March, up 19.1 percent from five years ago. "Housing affordability in the Charleston market has been an issue for the last few years, largely because wages are not consistent with rising home prices," said.

Competition and speed of sales in the U.S. housing. 74.1% of homes sold above asking, with 70.9% in Oakland, 70.1% in San Francisco, 64.1% in Seattle, and 51.8% in Tacoma, Washington. Seattle also.

What’s the average house price in Headley Down? The average price for property in Headley Down stood at 536,981 in August 2018. This is a rise of 0.52% in the last three months (since May 2018) and fall of 1.24% since 12 months ago. In terms of property types, flats in Headley Down sold for an average of 142,897 and terraced houses for .

The typical home seller in 2017 was 55 years of age, had a median household income of $98,800, and lived in their home for 9 years. 91% of sellers were assisted by a real estate agent when selling their home. Recent sellers typically sold their homes for 99% of the listing price, and 23% reported reducing the asking price at least once.

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The median new house price increased 8.8% from a year ago to $342,200 in April, the highest level since December 2017. New home sales had in recent months. About two-thirds of the houses sold last.

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Plus, housing costs are still below the national averages of $1,486 for median monthly rent and $289,900 for median home list price." The company said more than a quarter of the city’s residents -.