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What is the average selling price of a property in the US

The average selling price of a property in the US varies depending on the source of the information. According to one source, the average sales price of houses sold in the US was $387,000 as of the fourth quarter of 2023. However, another source states that home prices nationwide were up 52% year-over-year in January, with the number of homes sold rising 25% and the number of homes for sale falling 34%. Additionally, the median sale price for an existing home was 44% higher in December 2023 than in December 2022. Therefore, it is difficult to provide an exact average selling price of a property in the US as it can vary based on different factors such as location, type of property, and market conditions.

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