Stat of the Day – April 5, 2022

The end of last year saw a brief reprieve for would-be home buyers, but thus far, 2022 has pushed us deeper into the seller’s market. Nationally, the average ratio of home sale price to list increased to 101.3% in February according to Redfin real estate data. Of course, much of this is dependent on location. In some U.S. metros, the ratio is much lower, but in cities like LA and Seattle, you’d be quite lucky to purchase a home at list price. 

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