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Answers (8)
- Judy Golland, "RealtorJudyG"
- Contributions:27
It depends on the location of the house and how it compares to similar properties in the area. It could sell in a day if it's the nicest home in the price range or not at all if it can't compete. It's all about supply and demand and the ratio of buyers to sellers in any given market.
- Dennis Knight, "The NJ Realtor"
- Contributions:58
It really is a matter of comparable sales in your area. You need a recent CMA don't in order to estimate the average time.
The question is pointless. If you put a $225,000 price tag on a 100K home, the selling time will be 20 years... if you put a $225,000 price tag on a million dollar home, you will have multiple offers tomorrow.
- Isaac/Alan Miller, "IsaacMiller"
- Contributions:204
It all depends on location
KimJerue,
Shawn
This information can best be found by calling a local Realtor who can quickly do a market analysis and for free! Good luck!
Shawn
- Bonnie Carlsen, "Bonnie Carlsen"
- Contributions:21
What area? Agree with Jim. Depends on alot of factors. What are the houses selling in your area for? What's the condition? etc. Our area is 134-180.
- Jim Basquette CRS, CNE, "Jim Basquette"
- Contributions:1231
It depends on many factors, area, condition, agent selection and pricing. There are homes priced at $225,000 that are not worth it and they can be on the market for a very long time. I have had homes sell in 1 day both above and below that price. If a home is prepared for sale correctly, priced right and marketed correctly, I would say, within 30 days, it not, it could be years.
- Dennis Jowers, "Dennis Jowers"
- Contributions:1
140 - 160 days in my area.
what is the average selling time on a $225,000 house ?
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