If your property isn't
sold within 30 days, a price adjustment should be made!
Time to Sell Vs. Percentage of Homes
Sold:
Typically:
1 Month 40% , Home marketed and priced right
2 Months 7% , Price reduced, marketed ok
3 Months 7% , Price reduced again, marketed below average
Non-Typical:
The following homes sold after severe price reductions and
several unnecessary mortgage payments were made.
4 Months 20%
5 Months 10%
6 Months 7%
7 Months 9%
Statistics are based on
National average of homes sold.
RE/MAX GEORGIAN BAY REALTY LTD., Brokerage. Gray Watters,
Broker
833 King Street, Box 416, Midland, ON, Canada Office:1-705-526-9366 Toll
Free:1-866-529-9666