Just did a quick search to give you an idea of what is trackable! In Allegheny County in the past 6 months, the median sale price to list price percentage for residential properties is 96%. I can send you some information if it will help. Just let me know.
This information really does vary by area. If there is a specific area you are wondering about, I will pull those statistics for you.
Dan Kite, ABR, CRS, e-PRO
Northwood Realty Services
412-367-3200 Ext. 5100
Yes, list to sale price information is available for most areas. This is important information that sellers should consider when evaluating their options for selling.
A local real estate professional should be able to access this information and more for you upon request.
Yes, but not something you can rely on. Each owner, along with the advice of their agent decides their own "list price strategy." List prices can be high, hoping someone will make an offer, low hoping to get multiple offers and push the price up or about right.
The best strategy as a buyer is to have a great agent show you the homes in the price point that makes sense for you and when you find one you really like, have them prepare a market analysis of similar sold homes. Your offer should reflect the market value plus your motivation to own the home. If you love the home and it's priced low, you may want to make sure your offer is good enough to win a multiple offer scenario. If you like a home, and it's priced high, a lower offer would make sense.