Home buyers are purchasing new homes closer to the asking price in 2020. Sales prices as a percent of list prices have been tightening slightly since the beginning of the year. The 12-month moving average of the December sales-to-list price ratio for new homes statewide was 98.523 percent of the asking price versus 97.938 percent in January 2020.
Home buyers are purchasing new homes closer to the asking price in 2020. Sales prices as a percent of list prices have been tightening slightly since the beginning of the year. The 12-month moving average of the December sales-to-list price ratio for new homes statewide was 98.523 percent of the asking price versus 97.938 percent in January 2020.