Closed Sales – What is the percentage of listing price to sales price?

When buyers are looking at property, they often ask their Realtor what they think the seller will take for the home. They want to know how much the seller will come down from their listing price.  While it is true that some properties sell for full listing price, many do not.

But how big is the difference between asking price and selling price?  According to MLS statistics, not that much.  A quick look at the sales for the last six months in the Upper Florida Keys shows that it is an average of 91.75 percent.  Click on the chart below for a larger image with break-downs of the different property categories.

The properties in this report are located in the areas of Key Largo, Tavernier and Islamorada.

To find out more information about any of the recent sales, please contact me at 305-522-3812 or via email.