Confirm the denominator and benchmark
Ask which completed sales are included, which geography and property types apply, and whether the benchmark is original or final list price. A 15% share means 15 of every 100 included sales exceeded that benchmark, not that prices averaged 15% above it.
Do not convert frequency into an offer premium
The share says how often an outcome occurred, not how far above or below list each sale closed. It also does not show concessions, repairs, financing or the condition of the sold homes.
Build the offer from relevant evidence
Start with comparable closed sales, then inspect current alternatives and the property’s facts. Set separate ceilings for price, cash and ongoing cost. Use the county measure only to challenge unsupported assumptions about automatic escalation.
Check whether the listing changed
Because the benchmark is original list price, a property may have been reduced before sale. Review listing history where reliable and keep original ask, current ask and sale price distinct.
Refresh before signing
The supporting dataset ends in May 2026. Recheck current competition and have the professionals handling financing and the agreement explain the consequences of each term.
Sources & further reading
- Redfin Data Center methodology checked 2026-09-29
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