Zillow Weekly Market Report: Nov. 7th

Market Report provided by ZIllow

A greater share of homes sold above their list price in September (22.4%) than in any month since at least January 2018, another byproduct of incredibly strong buyer demand. Nationwide, the typical home that sold above list price in September fetched a 4.9% premium. Interestingly, while the share of homes sold above list nationwide in September was far above last year’s levels, the amount those U.S. listings ultimately fetched beyond the initial list price (on a relative percentage basis) was slightly lower than a year ago — down 6.1%.