I've posted a page (link here) analyzing some sold statistics of bank-owned properties to help buyers understand what kind of offers are being accepted in the $50,000 + price range (Mansfield is in one of the lowest priced real estate markets in the country FYI to anyone reading this from elsewhere. Median price of homes selling here today is around $94,ooo, down from about $100,000 a year ago).
In lower price ranges the percentage spread between sold price and listed price broadens considerably, but in the 50,000+ range the average sold price is hitting about 95% or more of asking price, with very very few exceptions. Adding to the rarity of low sold-to-listed ratios is the fact that some of the lowest ratio transactions are a result of factors that aren't revealed in the sold statistics, like major defects discovered during inspections, rather than the result of low-ball negotiation strategies.
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