A Majority of Vendors Sell Below Their Original List Price

This week’s Property Pulse looks at property sales over the past 12 years and compares them to the original advertised price to see if they sell for more, less or the same as that price and whether these trends are changing.

Over the three months to October 2018, more than three quarters (75.4%) of properties that sold transacted for less than their original list price. By comparison, over the same period, 7.0% of properties sold for their originally listed price with the remaining 17.6%…