Every house is unique. Some sell within hours of listing on the market, some take months to sell, and some never sell at all. There are three common 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!
Percentage of Homes Sold Within:
- 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.