The ‘list price’ is what the home is actually listed for. Buyers are able to offer more or less than this amount. Sometimes there is a negotiation between the buyer and seller, but ultimately, when they agree on a price and the home is sold, that amount is the ‘sold price.’ Depending on the market conditions, the list price and sales price may be quite different. In a competitive market, many buyers are offering more than the list price in order to stand out.
