The list price of a home is set by the seller at the time they list their home for sale. It is sometimes referred to as the “asking price.”

List price is an indication of what the seller believes is the value of the home. A list price can be changed over the history of a real estate listing, and looking at the sale-to-list ratio is an indication of whether buyers paid below list price, list price or above list price for a particular home.

Related Articles: