What’s the difference between list price and sale price?

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.