Profile picture for jayar

how long to sell


  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
December 20 2008 - Rumson
We think we've answered this question for you!
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.
 
 

Answers (7)

Those that answered "depends" are absolutely correct.
Depends on:
price to true market value
condition
location
price to true market value
location
did I mention price to true market value?

I calculate "Asorption Rate" or "Inventory Turn-over Rate" statistics for Hunterdon&Somerset Counties by Township and share this with the others offices of my broker.  For example: the first week of February in Hunterdon County, has a 19 month inventory level.  This is clculated by dividing the total available listings in the MLS and dividing that by the number of homes that went Under Contract within the last 30 days.  The week prior it was 25 months.  The improvement was due in fact to the Christmas-New Years timeframe that was within that calculation period.

Why so high you might ask? Economic uncertainity, rise in unemployment, concern over more downward trending, pricing to market value, location, pricing, and location. Homes are selling, slower than in the past but they are selling.  Real Estate is local (location).

My suggestion to you is to work with or ask an agent who studies the market.  One who will tell you the way it is and not what you want to hear.
www.housesofhunterdon.com
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
February 04 2009
Price it right. Stage it right. Promote it well. Price it right. Not long.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
January 28 2009

Carmelo -

Please avoid solicitation, this is spam. You may just address the question posted instead.

Thank you.

  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
December 21 2008
Profile picture for wetdawgs
It depends is the correct answer.   If you are in an active market and price it under cutting the competition, then you will sell in a reasonable time.   IN some communities it is 2 to 3 months on average, others it is 9 months or more.  What does your agent say for your community?
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
December 20 2008
Selling a home in todays market is challenging, but if working with an experienced full time realtor it takes all the guessing out of how long.  With a professional CMA, a realtor can market and list your home to attract a expansive buyer pool, these are people that are ready to purchase.  If priced and marketed properly, i have seen homes sell in under 30 days.  If you are interested in more advise please visit my site www.OurNJhouse.com to learn more
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
December 20 2008

If it is priced so that it represents a genuine, objective, "good deal" compared with other available homes in the area, and it is presented properly by a competent listing agent with state-of-the-art photography and pervasive Internet exposure on the many available home shopping sites, there's no reason you can't get an accepted offer in 60 days. Even in this market. I see homes hitting the market priced really well and offering good value and they are still getting multiple offers and/or selling quickly.

This assumes your home is not an oddball design. Or is located near commercial uses or along a busy road. Or is in tired condition.

If you offer what everyone else is offering with a run-of-the-mill agent, you will be on the market for an extended period of time. But if your list price is compelling and your property is dynamically presented, you will not have a problem getting it sold in a timely fashion.

-Marc

  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
December 20 2008
Simple answer:  It depends.
It depends on price, market, and motivation.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
December 20 2008
 
Related Questions
want to increase the exposure
Profile picture for Jessica Holtzman
Latest answer by Jessica Holtzman
April 13 2012 | 1 answers
Why is Zillow not using QR code?
Profile picture for Debra (Debbie) Rose
Latest answer by Debra (Debbie) Rose
June 04 2011 | 4 answers
how long to sell
Profile picture for Wayne F. Smith
Latest answer by Wayne F. Smith
February 04 2009 | 7 answers
Be A Good Neighbor

Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.

Homes for Sale
  1. 83 Avenue Of Two Rivers, Rumson, NJ Home For Sale
    83 Avenue Of Two Rivers, Rumson, NJ 07760

     For Sale: $679,000

    • Beds: 3
    • Sqft: 1607
    • Baths: 2.0
    • Lot: 7501
  2. 32 Grant Ave, Rumson, NJ Home For Sale
    32 Grant Ave, Rumson, NJ 07760

     For Sale: $695,000

    • Beds: 3
    • Sqft: 1300
    • Baths: 2.0
    • Lot: 6499
  3. 89 Avenue Of Two Rivers, Rumson, NJ Home For Sale
    89 Avenue Of Two Rivers, Rumson, NJ 07760

     For Sale: $589,900

    • Beds: 3
    • Sqft: 1500
    • Baths: 3.0
    • Lot: 7501