Sales price

{
  "id": "MLC-T-ECS-001718",
  "term": "Sales price",
  "field": "Economic statistics",
  "term_source": "Sales Price",
  "definition": "The sales price is the price agreed upon between purchaser and seller (and reported by the latter) at the time the first sales contract is signed or deposit made. It includes the price of the improved lot. Generally, the sales price does not reflect subsequent price changes resulting from change orders or from any other factors affecting the price of the house. Furthermore, the sales price does not include the cost of any extras or options paid for in cash by the purchaser or otherwise not included in the original sales price reported.",
  "references": [
    "U.S. Census Bureau Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/sales-price/"
}