What does Price Range mean?

Price Range - Price range refers to the range of prices at which a product or service is offered. In real estate, price range refers to the range of prices at which homes are being sold in a particular area. Understanding the price range of a specific area can be helpful for buyers and sellers as it gives them an idea of how much similar properties are selling for in the area.

Related Terms

Graduated-Payment Mortgage (GPM) Saltbox Style Closing costs Before-Tax Income Cpi and Market Rent Escalation (In a Lease) Change Order Community Reinvestment Act Ground Rent Non-Assumption Clause Prequalification Landscape Architect Equal Credit Opportunity Act. Variable Interest Rate Incurable Defect PMI Reverse Mortgage Commencement Date Inspection