Real Estate Math

A NH property had a listing price of $289,000. It sold for $275,500. What is the sale-to-list ratio?

A95.3%
B94.7%✓ Correct
C96.1%
D93.4%

Explanation

Sale-to-list ratio = Sale Price / List Price = $275,500 / $289,000 = 0.9533 = 95.3%.95328 ≈ 95.3%. The3%).

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