In 2017, Multiple Offers Scored Sellers Thousands

Did you buy a home last year? Did you make an above-asking bid?
Approximately 24 percent of for-sale homes in 2017 sold for higher than what they were listed for, according to an analysis recently released by Zillow. Five years ago, that figure was roughly 17 percent.
The average gain for sellers? $7,000.
“In the face of historically tight inventory, buyers have had to be more aggressive in their offers,” says Aaron Terrazas, senior economist at Zillow. “We don’t expect t