You’ve all heard how “hot” the Front Range market is right now, and has been for the past few years. One interesting statistic to review is the sale to list price ratio of homes in Boulder County.
The Sale-to-List Ratio is the ratio of the final sale price of a home to its list, or asking, price. The ratio is an indication of whether homes are selling above, at or below list prices.
A home with a sale-to-list ratio of greater than 100% means that a buyer paid more than list price, while a sale-to-list ratio less than 100% means that a home sold for less than list price. Usually a sale-to-list ratio is calculated off the final list price.
This is a quick chart so you can see how many Boulder County homes are now selling over list price as compared with several years ago. Yes, you are reading that right. Over 55% of single family homes and over 75% of attached dwellings.
See more charts and details here from the Boulder Area Realtor Association. These numbers speak volumes about our market!
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