Homes Selling for Over/Under List Price

Looking back at the last 5 weeks of house and condo sales: 2 in every 5 sales sold for 10% or more over list price; 1 in every 6 sold for 20% or more over list price; the largest group of sales—almost 1 in 3 – closed between 1% to 10% above asking; 1 in 5 sold at asking or within 1% of list price; and about 1 in 9 sold below asking price by at least 1%.