What percentage of U.S. homebuyers purchase at asking price?
56% of today's U.S. homebuyers are paying full asking price or more according to newly released research by the National Association of REALTORS® (NAR).
This significant market trend highlights the importance of informed pricing strategies in today’s real estate market.
The final sale price of a home can be influenced by many factors, including local and national market conditions, buyer demographics, inventory availability, and other considerations.
In today’s low inventory market, an informed bidding strategy has never been more important. If you’re looking to buy a home, please contact me to learn what’s going on in your local market and develop a pricing strategy that will help you win your dream home.
**NAR methodology: In July 2024, NAR mailed out a 127-question survey using a random sample weighted to be representative of sales on a geographic basis to 167,750 recent home buyers. Due to rounding and omissions for space, percentage distributions may not add to 100 percent.
