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in the last 6 months 115 residential properties sold in Crowley, Texas.
Of these the average selling price compared to listing price was 97%
The lowest was 80%, the highest 112% (actually above list).
The variations are due to a lot of factors and cannot be used to determine what a house would sell for. Typically, Realtors price houses slightly above the anticipated selling price to allow for negotiations. Homes that might be foreclosed are listed as "short sales" near or even below anticipated selling price.
Those that sell above list the buyer wanted additional things paid for by the seller and the value of the home supported the additional price.
Please note that your question was posted in Crowley, Lousiana, not Crowley, Texas.
Tue Jan 20 2009, 11:17