Price Properly Get Sold

Dated: 02/06/2015

Views: 249

There are some homeowners that have been waiting for months to get a price they hoped for when they originally listed their house for sale. The only thing they might want to consider is... If it hasn't sold yet, maybe it's not priced properly.After all 13,808 houses sold yesterday, 13,808 will sell today and 13,808 will sell tomorrow.13,808!That is the average number of homes that sell each and every day in this country according to the National Association of Realtors’ (NAR) latest Existing Home Sales Report. NAR reported that sales are at an annual rate of 5.04 million. Divide that number by 365 (days in a year) and we can see that, on average, over 13,800 homes sell every day.The report from NAR also revealed that there is currently only a 4.4 months supply of inventory available for sale, (6 months inventory is considered ‘historically normal’).That means less competition for buyers who are out in the market now, but more houses will hit the market soon with spring right around the corner.Bottom LineWe realize that you want to get the fair market value for your home. However, if it hasn't sold in today's active real estate market, perhaps you should reconsider your current asking price.

Paul Snyder III

I am a specialist in the management and sale of bank owned AND investment properties throughout SE and Central Pennsylvania. Our team of (14) real estate agents and (3) support staff are here to e....

Want to Advertise on this Site?

Latest Blog Posts

10 Worst First Time Home Buyer Mistakes

ByAmy FontinelleAre you gearing up to buy your first place? Shopping for a home is exciting, exhausting and a little bit scary. In the end, your aim is to end up with a home you love at a

Read More

Things To Look For In Buying A Home

Buying a house is a bit like planning for your wedding day — there are months packed with excitement, stress, planning, and then, finally, the big payoff. I know because I have 2 exceedingly

Read More

11 Things You Need To Do To Prepare Your Home For Fall

by Jana RandallImage: Getty ImagesPrintIt's officially fall — use this handy checklist to make sure your house is ready for the seasonShareTweetPinWith cooler temperatures knocking, now is

Read More

Prepare Your Home For Fall And Winter

BY READER'S DIGEST EDITORS794SHARES© Comstock/ThinkstockWith summer a fading memory, now’s the time to ready your home for fall and winter’s cooler temps and unpredictable weather

Read More