Is It Time To Adjust The List Price Of Your Home?


Is It Time To Adjust The List Price Of Your Home?
By Scott Rogers • September 4, 2020
We should have another solid 60 days (maybe 75) of strong buying activity (contracts being signed) during September and October before things start to slow down in November - and then really slow down in December and January. If you are intent on selling your home before the end of the year, you may want to consider a price reduction now, rather than later. If you reduce your list price next Monday -- on September 7th -- you likely have a good 60 - 75 days of exposure to a larger pool of buyers before contract activity slows down. If you wait, and reduce your price on November 15, you have already had a large number of buyers pass your house by - and we'll be rolling into Thanksgiving and then Christmas. Think strategically about how your house is priced to best position it to realistically be under contract within a timeframe that best works for you. 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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