Home Buying in San Francisco>Question Details

Lorriehastru…, Home Buyer in San Francisco, CA

What is the difference between list and sales prices?

Asked by Lorriehastruck, San Francisco, CA Thu May 23, 2013

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7
Ricardo Archila’s answer
The list price is the asking price. The sold price is what the property sells for. The sale price may be higher or lower than the actual listing price.

Ricardo Archila, Realtor
Access Real Estate
650 438 1562
0 votes Thank Flag Link Wed Oct 30, 2013
List is what they are asking, and sales prices are what the house actually sold for. If you need help with a mortgage, call or email for a free pre-approval in less than 10 minutes. We lend our own money.

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Brad Neumann
Sr. Loan Officer
Crosscountry Mortgage Inc.
Toll Free: (855) 415-5626 ext. 5734
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0 votes Thank Flag Link Sun Oct 27, 2013
List price is the price the seller is asking for.

Sales price is the price the home ACTUALLY SOLD for!

Think of the list price for a home the same as the sticker price on a car. Most homes these days sale for full sticker price, but in some cases the sales price and be less or even MORE than the sticker price.

Best Regards,

Kawain Payne, Realtor
Prudential California Reaty
0 votes Thank Flag Link Tue May 28, 2013
There is sometimes a very big difference between list and sales prices....For example, the 3 different listings that got 76 offers, 59 offers, and 56 offers, etc,...obviously had a lower list price and a higher sales price. (a much higher sales price, for that matter).

On the other hand, there have been and still are some very high list prices (higher than the current market value) that are being a little stagnant on the market and still not selling.

The bottom line is that list prices are just the first thing that buyers see; when it sells, the price is most likely either going to be higher or lower.

It's not rocket science that lower list prices tend to attract more buyers and higher list prices tend to do the opposite.

So, many are listing lower and rejecting the lower offers and taking the last and highest standing offer.
0 votes Thank Flag Link Thu May 23, 2013
List Price is what the Seller is willing to sell the property for in a given period of time.
Sales price is the actual price the property is sold for. It is the xxx amount or consideration the buyer and the seller has mutually agreed upon in exchange for the property to be conveyed at closing.

I hope this helps.
0 votes Thank Flag Link Thu May 23, 2013
"List" is the asking price. "Listing" is what agents call For-Sale homes. The MLS is the Multiple Listing Service.

Obviously a sales price is what it sold for.
0 votes Thank Flag Link Thu May 23, 2013
List is that the home is offered at on the MLS. Sales price may be higher or lower - but it is the actual priced the home sells for upon close of escrow.
0 votes Thank Flag Link Thu May 23, 2013
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