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Between 2019 and 2022, 83.4% of all home sales transactions took place on-MLS and sold for an average of 13.0% more than comparable homes sold off-MLS, amounting to an additional $45,741 to the seller for the typical home sold on the MLS over that period.
In 2021, on-MLS homes sold for an average of 14.8% more than off-MLS properties, a $55,779 premium.
As the market cools, the advantage of the open marketplace continues to increase with on-MLS properties selling for 19.7% more, on average, than off-MLS properties during the first quarter of 2022.
FULL TEXT: Bright’s 2022 On MLS Study — Bright MLS
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