Every house is unique. Some sell within hours of listing on the market, some take months to sell, and some never sell at all. I believe there are three primary 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!Sold within: Percentage of Homes
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.