The [Housing Market summary on Redfin](https://www.redfin.com/city/17151/CA/San-Francisco/housing-market) gives estimates of the number of homes sold above list price and below list price. The typical sale to list price is 107%. ![[Pasted image 20240531152713.png]] #Theory: This number is **not** an indication of whether we're in a buyer's market or a seller's market. Realtors are incentivized to get their commissions for the least work possible, which means pricing your home just below what they think you can fetch. A sale price 5-10% above listing prices is psychologically satisfying to the seller and makes the realtor look good.