Have you ever driven by a house with a ‘SOLD’ sign and wondered what it sold for?
I get calls with that question, but I usually can’t answer it while the ‘SOLD’ sign is still up. The negotiated sale price is confidential until a property closes and the sale is final.
I also get calls when the ‘SOLD’ rider is taken off the ‘For Sale’ sign. People wonder if the property is back on the market. While that is a possibility, it usually means that the property is either ready to close or has just closed. Realtors usually take down our own ‘SOLD’ riders right before closing, but the big sign and post are removed by a sign company after closing so there is a short period of time right around closing where the sign is still up but the ‘SOLD’ sign is gone.
After closing the sale price becomes public information. It will be recorded in the tax records, but may take several months for it to appear there.
You can find it quicker in the MLS ‘SOLDS’ search on my website. On the left side of my home page at www.HomesMSP.com, under the header ‘Twin Cities Market’, is a bullet link labeled Search the MLS for sold properties. Click ‘Additional Search Criteria’ on the left side of the search page to enter a property address. It will pull up not only the most recent sale but previous sales as well.
Of course, you can also contact me and I will be happy to help answer any of your real estate questions, including the sale price of closed properties.
