Property Valuation
The 'sales price to list price ratio' (SP/LP ratio) in Pennsylvania market analysis indicates:
AThe broker's commission rate
BHow closely final sale prices track listing prices, indicating market strength✓ Correct
CThe property tax assessment accuracy
DThe ratio of buyer's agent to listing agent commission
Explanation
The SP/LP ratio compares final sale prices to original list prices. A ratio near 100% or above indicates a strong seller's market (properties selling at or above asking).
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