The Close

APRIL 30, 2024

The primary indicator is obvious: The house just sits on the market while everything around it is flying off the shelves. You must evaluate if a price reduction is necessary by looking at the absorption rate and the average days on market (DOM) for that location. But it’s critical to dig deeper.

Agents 80

Agents Short sale Staging Sales 80

HomeLight

MAY 19, 2022

Median sales price in Maryland. Average days on market for Maryland. Maryland law requires sellers to disclose material facts about the property through the Maryland Residential Property Disclosure and Disclaimer Statement. If the home is part of a designated historic district. Disclosures.

As-is 94

As-is Inspection Investor Closing costs 94

The Close

DECEMBER 29, 2022

Days on market (DOM). As a seller’s agent, you’re counting the days a listing is on the market. Simply put, this measures the number of days a property is for sale, from the day it is listed on the multiple listing service (MLS) to the day a buyer and seller are under contract. Short sale.

Purchase and sale agreement 98

Purchase and sale agreement Title Proof of funds Pre-approval 98

HomeLight

MAY 23, 2022

Median sales price in North Carolina. Average days on market for North Carolina. 23 days (from listing to contract). North Carolina state law requires sellers to disclose material facts about the property through the Residential Property and Owners’ Association Disclosure Statement. 359,600 (April 2022).

As-is 79

As-is Purchase and sale agreement VA loan Inspection 79

Marco Santarelli

JULY 9, 2021

Housing demand continues to rise, resulting in a scarcity of available inventory on the market. In May, homes spent a median seven days on market, which is down 56.3 Single family sales were up 10.7 Condo sales rose 98.3 Townhome sales increased 13.6 Traditional sales rose 16.6 Short sales fell 63.6

Marketing 85

Marketing Purchase and sale agreement Investor Construction 85