Every house is unique. Some sell within hours of listing on the market, some take months to sell, and some never sell at all. I believe there are three primary reasons why a home does not sell.
- It is in poor condition.
- The house is priced too high.
- There exists a poor housing market.
If your property isn’t sold within 30 days, a price adjustment should be made!
| Sold within: |
Percentage of Homes
|
|---|---|
| 1 Month | 40% |
| 2 Months | 7% |
| 3 Months | 7% |
| 4 Months | 20% |
| 5 Months | 10% |
| 6 Months | 7% |
| 7 Months | 9% |
Statistics are based on National average of homes sold.
