Monday, August 24, 2009

List Price - vs - Sold Price Analysis

The Grove Team has recently done an analysis comparing sales price to list price. The information was compiled using the Hurst, Euless, Bedford (HEB)& North Richland Hills (NRH)markets.

Of 36 HUD properties - 19 or 53% sold at 100% of list price or above
10 or 28% sold between 90% and 99% of list price
5 or 14% sold between 80% and 89% of list price
2 or 5% sold between 70% and 79% of list price

Of 192 foreclosures - 187 or 97% sold between 80% and 100%+ of list price
5 or 3% sold between 70% and 79% of list price
1 or less than 1% sold at 71% of list

Of 1046 properties sold in HEB and NRH since January -
1 or .000956 sold at 62% of list price

The Grove Team
Keller Williams
454 E. Keller Parkway
Keller, Texas 76248
www.groveteam.com

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