Change in Median Sold to List Price Percent Year-over-Year in May 2023
- June 12, 2023
- PropMix Data Analytics Team
- 0
Chicago metro area, ranked among the top 15 metros with a stable Median Sold to List Price percentage during the specified period in May 2023, with no observable variation from the same period in the previous year. This shows that the ratio of the final selling price to the listed price for properties in Chicago remained consistent at 0%.
However, Seattle metro area experienced the most significant drop among the top 15 metro regions in terms of the Median Sold to List Price percentage. In May 2023, there was a substantial recorded decline of 5.7% compared to the same period in the previous year. This decline underscores a notable shift in the correlation between the listed price and the final selling price of properties within the Seattle metro area.
Learn more about the metrics in PropMix Market Insights.