Kali Real Estate

Property Management in Chula Vista

Offers Above The Asking Price

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offers-above-asking-price

How Often Were Homes Sold For More Than The Asking Price?

2005  About 38%

2006 About 12%

2007  About 11%

2008 About 10%

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2009 About 21%

2010 About 28%

2011 About 18%

2012 About 26%

2013 saw an all-time high of 50%! That’s the highest ever recorded.

Source: CAR 2013 Annual Housing Market Survey

How Did Home Sellers Handle Multiple Offers

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How-Did-Home-Sellers-Handle-Multiple-Offers

 

In 2013, 98% of sellers received multiple offers.

Average number of offers received from buyers:

  • In 2012: 3.1
  • In 2013: 5.9

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How Did Sellers respond?

  • 77% Took the highest offer.
  • 47% Took the best mortgage-qualified buyer.
  • 39% Took the offer without contingencies.
  • 23% took the all-cash offer.
  • 14% Took the offer because of the buyer’s ability to close the fastest.

Source: CAR 2013 Home Seller Survey

 

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