I see this question the boards a lot and IMO, its misguided. The poster is usually trying to get an idea of how much to bid under the list price etc, but is that an inflated list price, or the final list price? Since for the amateur that isn't easy to know, the best bet is to ask a realtor for comps, again, IMO.
For the month of April the SP/LP ratio was 95.8% and the average days on market for those homes was about 60 days.
For the month of March the SP/LP ratio was 94.5% and the average days on market for those homes was about 109 days.
I will let you know the statistics for May as soon as they are available.
Glenn Mason - Realtor Associate
Orange Key Realty
863 Georges Road
Monmouth Junction, NJ 08852