Another week went by with the average sales price coming in just under the average list price, with 5 of the week's 8 closed sales going for less than their original list price. That's two times in the last previous 3 weeks. These 8 homes also sat on the market for an average of over a month, providing some insight as to why these sellers eventually decided to accept an offer under their list price. We're definitely looking at a market in 2019 that requires some patience, and in certain situation, some compromise on the part of sellers. Something we haven't really seen much of for the past 5-6 years.
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