Real estate blog entries tagged with ratio by John Mosier - Prescott's Patriot REALTOR® (High Country Realty - Prescott

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Home : Blogs : John Mosier - Prescott's Patriot REALTOR® : Prescott's Patriot REALTOR® : Tag "ratio"

ratio: 3-Year Trend in the Ratio of Selling Price to Asking Price for the Prescott Area - 02/09/12 12:11 AM

The chart below shows the 3-Year Trend in the Ratio of Selling Price to Asking Price for the Prescott Area. The chart shows that the ratios run from a low of 91% in March of 2011 to highs to a range of 94% to 96% most of the time. As our inventory of homes dropped in the last few months of 2011, the ratios are near 95.5%.

This chart can be interpreted to mean that a Buyer can reasonably expect to pay between 90% and 100% of the asking price. A home that is priced to sell quickly can sometimes … (2 comments)

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John Mosier - Prescott's Patriot REALTOR®

Prescott, AZ

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Address: High Country Realty, 222 W Gurley Street, Ste 314, Prescott, AZ, 86301

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