Seller Resources - Market Conditions - Time on market
How times have changed from the boom years of 2000 to 2005. The real estate firms Altos Research and
Real IQ reported in August 2008 that single-family homes in South Florida were taking longer to sell than
anywhere else in the country -- an average of 156 days. Tampa and Detroit came in at second and third
place, taking 124 and 123 days respectively.
While time on market is an important indicator of the general market, it doesn't necessarily mean that your
home will take that long to sell. The number is an average, with half of all homes selling in less time, and
half taking longer.
If you want or need to sell your home quickly, the most important thing you can do is to price it correctly.
Buyers are looking for bargains and they have the best selection of available properties to choose from that
has existed for years.
