Monday Market Report – Real Estate 101

The average home spent 101 days on the market before coming under contract in July.  What does that mean for home sellers?  Understanding timing for a real estate transaction is extremely important for sellers who need to move in a hurry.

Consider the average days on the market in your area and how it will affect your moving plans before you list.  One thing to keep in mind, if you need to sell quickly, price below the market value.  The average is simply that.  If you overprice, you will spend more time on the market before obtaining a contract and likely chase the market with price reductions.  If you price below the market, you will obtain an offer quicker than the “average” home on the market.  The key to a quick sale is the best price in your neighborhood and in the best condition.

Want more market data for the Orlando area, check out this video!  You can also sign up for our special market report that comes out monthly –
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