purchase price

noun

: the amount of money someone pays for something (such as a house)

Examples of purchase price in a Sentence

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The typical homebuyer down payment was equal to about 16.3% of the purchase price in December, when the median home-sale price was $428,000, per Redfin data. Ana Teresa Solá, CNBC, 4 Mar. 2025 That fee in turn gets deducted from the purchase price should the customer elect to buy it instead of returning the item. Vicki M. Young, Sourcing Journal, 3 Mar. 2025 Here Are All The Companies Cutting DEI Programs Depending on the type of loan (e.g., FHA or conventional), Arne says new investors typically need between 3.5 percent and 20 percent of the property’s purchase price for a down payment. Amanda Lauren, Forbes, 27 Feb. 2025 What to Know According to Redfin, the typical buyer's down payment in the U.S. is now 16.3 percent of the home's purchase price, up from 15 percent a year ago. Ross Rosenfeld, Newsweek, 26 Feb. 2025 See All Example Sentences for purchase price

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“Purchase price.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/purchase%20price. Accessed 13 Mar. 2025.

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