Understanding home sales prices is invaluable whether you’re a buyer, seller, or just curious about your local real estate market. Knowing recent home sales prices can also help you make informed decisions, assess market trends, and negotiate more effectively.
So whether you’re considering a home in Miami or Houston, having access to accurate sales price information will give you a competitive edge. In this Redfin real estate article, we explore the best ways to research the sale price of your home and use it to your advantage.
online real estate website
One of the easiest and most accessible ways to find out the sales price of a home is through popular online real estate platforms. Real estate websites like Redfin display vast amounts of real estate data, including past transaction information.
How to use: Simply enter the full address of the property you’re interested in into the search bar. These sites often display a property’s sales history, including previous sales prices and dates. Accuracy Tip: These sites are a great starting point, but it’s wise to cross-reference information across multiple platforms to ensure accuracy. Keep in mind that some data may not include seller concessions or may incorporate closing costs, which can slightly skew the perceived sales price.
official document
For the most accurate and reliable information, rely on public records. Real estate transactions are typically public records in most states, although some “private states” have laws that limit public access to sales prices.
County Tax Assessor’s Office: The county tax assessor’s office maintains records that include assessed values, property taxes, and often final sales prices. Many counties offer online databases that can be searched by address or owner’s name. If online access is not available, you may be required to visit the office in person. County Recorder’s Office or County Clerk’s Office: These offices keep records of real estate transactions, including deeds and “title summaries” that summarize a property’s ownership history and sale price. These records can often be found online or in person. Title Company: Because title companies are involved in real estate transactions, they also maintain records of past sales. You can request a property’s ownership history, including past sales information.
real estate agent
If you’re looking for the most accurate and up-to-date information, especially in private states, talking to a local real estate agent is a great option.
MLS Access: Real estate agents have exclusive access to the Multiple Listing Service (MLS), a comprehensive database used by real estate professionals. The MLS includes detailed transaction history and the most accurate current sales prices, but these are not always publicly available. Comparative Market Analysis (CMA): Your agent can provide you with a Comparative Market Analysis (CMA), which is a detailed report that compares your property to similar homes that have recently sold in the area. This analysis takes into account various factors such as location, size, condition, and features to give you a clear understanding of market value. Many agents offer free CMAs with no obligation.
Why is it important to know the selling price?
Understanding why you need this information is just as important as knowing how to find it. Whether you’re looking to sell your home and want to price it competitively, or you’re a buyer looking to make an informed offer, having access to past sales prices gives you more power in the real estate market. These resources can give you valuable insight into real estate values and help you make more confident real estate decisions.
FAQ
Are online real estate websites always accurate?
While it’s a great starting point, it’s wise to cross-reference information across multiple platforms. Some data may not include seller concessions or may incorporate closing costs, which can slightly skew the perceived sales price.
What is “non-public status”?
Private states have laws that limit public access to sales prices, making this information more difficult to find in public records.
Can I use Google search to find out how much my house sold for?
Yes, a quick Google search using the property’s full address can reveal recent sales prices from real estate websites and news articles. It is important to double-check your data using reliable sources.
