Two Thirds

Here’s the latest on a stat that we like to watch…
The answer is “two thirds.”
The question is, how many homes in Northern Colorado sell for at least list price?
You read that correctly. 66% of all single family homes in the Northern Colorado market which sold in March had a final sales price of list price or higher.
How could that be?
High demand against low supply leads to competition. Competition leads to prices above list price.

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