Typical Home Now Sells for Above the Listing Price

Worried man holding small house
Photo by Luis Molinero / Shutterstock.com

Housing prices are soaring, and today’s homebuyers now find themselves in a very unhappy place: potentially paying more for a home than the listing price. For the first time on record, the average sale-to-list price ratio has climbed to 100.1% nationwide, according to real estate company Redfin. That means a typical home now sells for slightly above its list price. It's not the usual blah, blah…

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