After X Days On The Market Without An Offer, You Should Consider Adjusting Your List Price


After X Days On The Market Without An Offer, You Should Consider Adjusting Your List Price
By Scott Rogers • August 9, 2024
Solve for X... After X Days On The Market Without An Offer, You Should Consider Adjusting Your List Price Arguably, X varies based on the property location, property type, price range and much more. But regardless, the point remains the same, if some amount of time has passed (X) without an offer on your house, you should probably consider lowering the list price. For sellers in a particularly active price range, that might be as little as 14 days. For sellers in much of the market, that might be 30 days. For sellers with a particularly unique property that might only appeal to a small portion of buyers, that might be 60 or 90 days. The same logic also applies after a price reduction... If another X days passes, without an offer, you might want to consider a price adjustment again. 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).
Comments (0) or Subscribe