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Answers (7)
- Connie Wildasinn, "Connie Wildasin"
- Contributions:1178
the standard golden rule applies, give value to the buyers, price right and you should be fine... many buyers perfere buying direct with a seller and if you have equity the better... they don't have to wait months for an answer from the Short Sale bank...
- Mary Beth Hurtado, "MaryBethHurtado"
- Contributions:314
As an update answer to your question in November 2010, we have started to see faster turnover on well priced, fine showing homes in the Philadelphia and Main Line Pennsylvania area. Matter of fact we have seen a sale within the first week of listing for more than the asking price and three offers.
Still, there is a curve and if a home is less attractive or overpriced compared to other homes for sale in a neighborhood, it is likely to take longer to sell. We also find that at the high end, for example over a million dollars, homes may take many months to sell.
Mary Beth & Alicia
Still, there is a curve and if a home is less attractive or overpriced compared to other homes for sale in a neighborhood, it is likely to take longer to sell. We also find that at the high end, for example over a million dollars, homes may take many months to sell.
Mary Beth & Alicia
- Randy Mabry, "Randy Mabry"
- Contributions:190
It depends on the location and the price. I have found that finding the rightprice does make a couple months in the process. We have had motivated sellers and using a motivated price, they usually sell in 30 days or less. If you have 3 months then the price can be higher.
- Vince Curtis, "SoCal Appraiser"
- Contributions:4699
As everyone has said, it depends on the area. In So Cal, its about 2-3 months. Here is some good data for Hermitage. But best to talk to local Realtors, or appraisers, for their advice.
- Benny Smith, "bennysmith1"
- Contributions:177
The answer is not hard if you have all the facts. Your realtor can do this for you and with accuracy in many cases. It comes down to price. I typically give prsopective listings a 30 day price, and a 90 day price. One tool I use is absorption rates. In its simplest form take the number of homes that are priced he same as yours (that match your attributes) that sold in the last six months. Look at how many are on the market now and you can get a good estimate of the time it will take to sell your home. National numbers mean nothing her. Only those homes in your area at your price range. It is homes in your neighborhood with the same attributes. Good luck
- Art Nanni, "Art Nanni"
- Contributions:26
Your time frame on selling your home, depends on your market in that particular neighborhood. It sounds like you have your home well positioned for showings. Renovations are one element that buyers are looking for in a home. The fact that your home is staged and with it's great curb appeal would be a realtors dream come true for a quick sale.
So my suggestion is to interview at least three realtors in your area and select one who will be aggressive for you. You along with the realtor working as a team, should price your home to sell at the best price according to your market value. This should expedite the sale of your home in no time. Good Luck.
So my suggestion is to interview at least three realtors in your area and select one who will be aggressive for you. You along with the realtor working as a team, should price your home to sell at the best price according to your market value. This should expedite the sale of your home in no time. Good Luck.
- Ryan Bergsma, "RyanBergsma"
- Contributions:73
It depends greatly on your area and the price segment you are in in that area. For example in our market in the 200k to 250k range, it is actually a seller's market as we have only about 3.4 months of inventory in that range, so a home in that range is likely to sell in the first 30 days when priced correctly. In a higher range like 500k to 600k however, we have about 16 months of inventory so the average days on market is up in the 140 days range. Try to find out what the months of inventory and absorbtion rate are for your market segment in your area, this should help you get a better idea of what your expected time frame might be.
General time frame to expect house to sell in today's market
So, what is typical length of time to sell a home that is staged great, priced okay, and had rennovations and great curb appeal?
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