asking price


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Related to asking price: offer price

asking price

Commerce the price suggested by a seller but usually considered to be subject to bargaining
References in periodicals archive ?
Property website Zoopla says homes are achieving 96.3% of their asking price on average across the country.
Close behind was Abertillery, where homes achieved 91.7% of the asking price typically, while homes in Bishop Auckland in the North East of England was third, generating 91.8% of the initial listing price on average.
Zoopla said homes are achieving 96.3 per cent of their asking price on average.
Four northern regions reported their highest-ever asking prices in June, pushing property prices nationally up 0.3 per cent to PS91 below June 2018's record PS309,439.
Zoopla found the biggest discounts were in London, with homes changing hands for [pounds sterling]27,525 less than the asking price on average, or 5.7% off.
The online property firm said that this is substantially higher in London, where the selling price was on average 5.7% below the original asking price.
Average asking prices in the West Midlands are now PS232,247 - three per cent higher than a year ago.
The website, whose records go back more than a decade, said Wales, the Midlands and the North West of England are "bucking any Brexit blues" with average asking prices in these areas having reached new all-time highs.
This takes the current average asking price up to PS166,616, compared with PS164,233 this time last year.
In London the fall has been particularly sharp, with more than PS18,000 having been shaved off average asking prices in the space of a month.
The study found that in Birmingham 27 per cent of homes have had their asking prices reduced by an average of PS13,917.
Rightmove's figures, which cover England and Wales, show UK sellers are now demanding PS289,452 on average - PS19,975 higher than the typical asking price last December.