asking price

noun

Definition of asking price 

: 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

So many buyers are still offering more than asking prices, though not at the $100,000 premium Turner said is becoming more common in even more brutal markets like Portland and Seattle. John Sowell, idahostatesman, "Expect to pay more as Treasure Valley home prices rise again and choices stay scant," 14 June 2018 Since then, the gap between income and housing costs has widened, as buyers’ offers routinely exceeded asking prices, and investors offering cash increasingly outbid ordinary homebuyers. BostonGlobe.com, "Should Somerville adopt a real estate transfer fee?," 18 May 2018 The early days of the market will be important to watch for signs of where asking prices are sitting. David Murphy, Philly.com, "Sixers NBA free agency primer: Targets, budget, depth chart | David Murphy," 30 June 2018 Seattle's asking price has been too high to get a deal done. Clarence E. Hill Jr., star-telegram, "Does Pro Bowl safety Earl Thomas’ holdout in Seattle give a trade to Dallas new life?," 10 June 2018 According to Belson, Tepper and Fanatics owner Michael Rubin, who also reportedly backed out of the bidding process for Carolina recently, both decided the $2.5 billion asking price was too much. Khadrice Rollins, SI.com, "Report: Two Bidders Remain In Pursuit of Purchasing Panthers," 9 Apr. 2018 Sellers of expensive apartments, notably those listed for more than $10 million, have been sharply cutting asking prices to compete, brokers said. Josh Barbanel, WSJ, "Palatial Manhattan Penthouse Hits Auction Block as the Market Slumps," 4 Apr. 2018 That includes the Sixers, if the Spurs’ asking price drops into player-rental range. Marcus Hayes, Philly.com, "Sixers went all in to land LeBron James, and should do the same for Kawhi Leonard | Marcus Hayes," 1 July 2018 Agents say the furious pace of activity in the under-$300,000 price range has led to many houses with multiple offers, frequently with a higher-than-asking price. Paul Gores, Milwaukee Journal Sentinel, "Millennials, baby boomers are in the market for the same homes," 25 June 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'asking price.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of asking price

1755, in the meaning defined above

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Last Updated

21 Oct 2018

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Time Traveler for asking price

The first known use of asking price was in 1755

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More Definitions for asking price

asking price

noun

English Language Learners Definition of asking price

: the price that is asked for by a person who is selling something

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