Steve,  in San Diego, CA

what percentage of the listing price is the seller accepting on average in san diego ca.?

Asked by Steve, San Diego, CA Tue Nov 27, 2007

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Excellent Question!

It depends on many factors. If the home was overpriced it most likely sold for less. If the home was under priced it probably sold for more. If it was priced according to the market it most likely closed at or close to marketed price. That being said many areas of San Diego are trending down and prices are dropping so many of the asking prices are reduced by the time the home closes escrow. In many cases much less than previously sold homes!!!

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Mike Lewis eHomeConnect Agent
0 votes Thank Flag Link Wed Nov 28, 2007
Steve- It is really subjective- to property, type, price, location. Remember, in San Diego we really have a number of "microclimates" and what happens in neighborhood A can very vastly from neighborhood B. How long has the property been on the market- is it a "re-listing" for less money.... how motivated is the seller.... On top of all of that you have to take into consideration we now have numerous short sales, and what the banks are willing to do is very different than what individual sellers may be able to do, and yet, those figures all get thrown into the same pot.

I'm not sure if this helps!

Patti Phillips
2007 President, N. San Diego Women's Council of Realtor's
0 votes Thank Flag Link Wed Nov 28, 2007
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