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List To Sales Price Ratios Have Dropped – Tom’s Take 287

List to sales price ratios have dropped below 100% for the first time since last March.
Which means what they’re asking for the home and what they actually sell the home for.
In our marketplace, Chester, Delaware, Montgomery counties, that number has maintained above 100% and around the 96-97% range through the month of July in the city of Philadelphia.
The Redfin report says that the housing slowdown is absolutely happening.
These reports and headlines can be clickbait.
Tune into episode 287 of Tom’s Take for some specific stats and details regarding the report, inventory levels, and what it means for buyers and sellers looking to make a move.

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