This Home Is Priced To Sell...


This Home Is Priced To Sell...
By Scott Rogers • March 30, 2011
I often chuckle when I see "Priced To Sell" in the description of a property in the MLS. This is funny to me because in theory you should be able to adjust the price until your house sells --- but oftentimes in the current market, pricing alone won't sell a house. If a house should be priced at $330k, it could be listed or six months at $300k without finding a buyer, and then another six months at $270k without finding a buyer. Again, great pricing does not create a buyer that isn't there to be begin with! All that said, listings that are "priced to sell" (per the listing agent's opinion) do perform better than most.... The average "days on market" for the 24 listings currently advertised as "priced to sell" is 143 days, which is much lower than the average "days on market" of 239 days for all active listings. The average "days on market" of 151 days for the 23 listings sold in the last year that were "priced to sell" is much lower than the average of 198 "days on market" for all properties sold in the past year. Here are 24 "priced to sell" homes in Harrisonburg and Rockingham County. Do bear in mind --- simply adding "priced to sell" onto your current listing won't necessarily make it sell faster --- it probably actually does need to be priced to sell! Receive Updates by Email Recent Articles: The Increasingly Difficult Challenge Of Purchasing A Detached City Home Is There A Price You WOULD Pay For This House? There Are Plenty Of Types Of Houses That Exist That Just Are Not Available To Purchase Home Sales By Price Range In The City Of Harrisonburg Are You Compromising On Aspects Of Your Next Home That You Can Or Cannot Change Later? How Much Slower Are The Winter Months In Our Local Housing Market? Rockingham County and New Home Sales Drive Surge in Area Housing Market Find The Balance Between Optimistic And Realistic Home Pricing Room Size Is Difficult To Understand Solely From Real Estate Photos How Much Would You Value Not Having To Prepare Your Home For Showings?
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Nov 25, 2024 (unless otherwise noted).
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