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Trulia Seatt…, Other/Just Looking in Seattle, WA

What is the difference between list and sales prices?

Asked by Trulia Seattle, Seattle, WA Wed May 29, 2013

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"What is the difference between list and sales prices?" One is fantasy and the other is reality.
2 votes Thank Flag Link Wed May 29, 2013
The list price is part of the seller's marketing strategy. Priced high, hoping for a sucker or a lower but reasonable offer. Priced low, hoping the market writes multiple offers trying to push the price up. Priced in the middle hoping to settle close to this.
The sale price is what the buyer and seller finally settle on. It could be higher, lower or equal to the list price.
1 vote Thank Flag Link Wed May 29, 2013
Ray, LOL, but in this market which is which may be reversed!
0 votes Thank Flag Link Thu May 30, 2013
List Price - is your Initial Market Position.
Sale Price - is a successfully Sold property in today's Market

Hope it Helps
0 votes Thank Flag Link Thu May 30, 2013
The list price is the price the seller is asking for the property. The sales price is the price the property sold for.
0 votes Thank Flag Link Wed May 29, 2013
Jennifer nailed it. Realtors will use this information to give a buyer/seller a gauge for where the market is at. If, on average, homes are selling very close to the listing price you can likely infer that there is a strong demand, which is what we're seeing in many areas of Seattle.
0 votes Thank Flag Link Wed May 29, 2013
List price is what the seller's were asking. Sales price is what it actually sells for.
0 votes Thank Flag Link Wed May 29, 2013
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