About that price…

During 2014, central Indiana homes sold (on average) for 93.3% of their original asking price.  The math looks like this…  a house that was brought on the market at $100,000 actually sold for $93,300.  In between, the price was probably lowered a time or two, and when the final buyer got ready to make an offer, the asking price had already been reduced to $95,988.

To be sure, the amount of discount varies from neighborhood to neighborhood and even from house to house (but on average) houses sell for about a 3% discount from their final asking price. 

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