asking price

noun

: the price at which something is offered for sale

Examples of asking price in a Sentence

The original asking price for the car was $20,000, but I was eventually able to buy it for $18,000.
Recent Examples on the Web In a buyer’s market, typically sellers will drop their asking prices to gain an advantage. Jackie Reed, Kansas City Star, 3 Apr. 2024 That has given renters more options and forced some landlords to lower asking prices and even offer move-in incentives to compete for tenants. Randy Tucker cincinnati Enquirer, The Enquirer, 23 Feb. 2024 This a 110-acre landmass with fresh water, an electric generator, and, most important, mobile service has an asking price of $160 million. Chris Morris, Fortune, 4 Apr. 2024 This may include offering at or above asking price, waiving inspections and offering flexible close dates for the sellers. Jackie Reed, Kansas City Star, 3 Apr. 2024 Among the priciest items — asking price between $20,000 and $30,000 — is a typed 1965 letter to Bennett from Martin Luther King Jr.; in it, King thanks Bennett for entertaining those in that year’s Selma to Montgomery civil rights march. David Browne, Rolling Stone, 27 Mar. 2024 Offered jointly by brokers Fraser and Edmiston, Olympus has an asking price of $28.5 million. Howard Walker, Robb Report, 18 Mar. 2024 The last asking price before a sale was strikingly closer, averaging a mere 3% gap, as buyers and sellers are on common ground. John Walkup, Forbes, 28 Mar. 2024 The national median asking price for homes reached $415,500 in February, according to Realtor.com, while the total value of U.S. homes grew 5.3% between December 2022 and December 2023, according to a Redfin estimate of 90 million properties. Khristopher J. Brooks, CBS News, 8 Mar. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'asking price.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1755, in the meaning defined above

Time Traveler
The first known use of asking price was in 1755

Dictionary Entries Near asking price

Cite this Entry

“Asking price.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/asking%20price. Accessed 24 Apr. 2024.

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