Which type of value is typically found on the MLS?

The answer is list price, as this value indicates the price at which a property is being offered for sale on the Multiple Listing Service (MLS). The list price reflects the seller's asking price and can serve as a benchmark for potential buyers to understand the property's current market position. It is crucial for real estate agents and buyers looking to gauge market dynamics, as it provides insight into the seller's expectations and the property's perceived value in the marketplace.

List price is not necessarily an indication of the property's true market value, which may be established through comparables or an appraisal, but it is the figure that is most prominently displayed on the MLS for buyers to consider when searching for properties. This makes it one of the most important values in real estate transactions, as it often dictates initial buyer interest and activity.