Should You Be Dejected If Your House Does Not Sell In One Week?


Should You Be Dejected If Your House Does Not Sell In One Week?
By Scott Rogers • April 17, 2018
Should You Be Dejected If Your House Does Not Sell In One Week? It depends. For example -- in the City of Harrisonburg, 26% of homes that have sold thus far in 2018 have been under contract within seven days of having been listed for sale!?! So -- if day 8 rolls around, should you worry, complain, cry, immediately drop the price, what??? Maybe none of those. Having your home under contract within one week depends on demand for your home being high -- your type of home (detached or not), size of home, price of home, location of home, etc. If all of those overlays leave large portions of the home buying public finding your home to be interesting - then you are likely to have a speedy sale. If the type, size, price or location of your home (or multiple of those factors) limit the number of buyers who will have interest in the house -- then you may have to wait longer for your to be under contract. We can predict this, somewhat, looking at sales of similar homes, current inventory levels of similar homes, etc. If you are getting ready to sell your home, read up on the process and philosophy at SellingAHomeInHarrisonburg.com. Receive Updates by Email Recent Articles: 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? One Out Of Four Homes Is Taking Longer Than A Month To Sell Consider The Cost Of Your Planned Renovations When Planning Your Offer
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 21, 2024 (unless otherwise noted).
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