The formula to calculate the Sale To List Ratio is:
STL=PPLP×100
Where:
The Sale To List Ratio is a measure of how closely the final purchase price of a property matches its original list price. It is expressed as a percentage and is used to gauge the competitiveness of the real estate market. A ratio above 100% indicates that properties are selling for more than their list price, while a ratio below 100% indicates that properties are selling for less than their list price.
Let's assume the following values:
Using the formula:
STL=250,000240,000×100≈104.17%
The Sale To List Ratio is approximately 104.17%.
Let's assume the following values:
Using the formula:
STL=300,000320,000×100≈93.75%
The Sale To List Ratio is approximately 93.75%.