Digging Deeper: Seller Concession
The DMAR Market Trends Committee examined how many sellers paid a concession in January of 2020. The average concession amount hasn’t significantly changed from previous years. What has changed is that more home sellers are agreeing to pay seller concessions.
Key Stats
- 1,519 or 46.2 percent of homes closed in January of 2020 had a seller-paid concession.
- 1,177 or 39.6 percent of homes closed in January of 2019 had a seller-paid concession.
- 1,019 or 32.9 percent of homes closed in January of 2018 had a seller-paid concession.
