- Find a Real Estate Professional
- Realtors®
- Mortgage Lenders
- Home Improvement Pros
- Other Real Estate Services
- Review an Agent, Lender or Pro
- Marketing on Zillow
- Real Estate Agent Advertising
- Join the Professional Directory
- Popular
- Real Estate Market Reports
- More
Answers (3)
- Lonnie Keyser, "lonniek1"
- Contributions:50
Hello Damsel1,
It looks like in the Hot Springs area that 12 homes have sold since January 1st. Of that 6 have sold in less than 4 months. As it has been said before, it depends a lot on the price, condition, age, and location. If home doesn't sell quickly, one of these items are the issue. If you are not getting many showings, I believe it is usually related to price. Hope this helps.
It looks like in the Hot Springs area that 12 homes have sold since January 1st. Of that 6 have sold in less than 4 months. As it has been said before, it depends a lot on the price, condition, age, and location. If home doesn't sell quickly, one of these items are the issue. If you are not getting many showings, I believe it is usually related to price. Hope this helps.
- wetdawgs
- Contributions:26854
It depends on whether or not the house is priced competitively, the condition of the house and the location of the house.
- Matthew Allan, "Matthew Allan"
- Contributions:128
There is really no average. In this selling environment, though, if a house has been on the market for 3 or 4 weeks with no offers, it's time for a price reduction.
What is the average length of time a house is on the market until the price is reduced?
Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.
We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.