Industry NewsMarkets & Economy

Homes selling for closer to list price

Zillow: Buyers paid 3.3% below list price in July
Published on Sep 10, 2009

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by CareyBot

U.S. homebuyers paid 3.3 percent less than listing price, on average, during July -- a smaller discount than the 3.5 percent average in June and 4.6 percent in January, listing and valuation site Zillow.com said.

At the market level, Zillow's July Real Estate Market Reports shows buyers paid the asking price or more in some California markets where sales are heating up.

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