How days on market predicts the price months in advance
George Lorimer
Friday, May 20, 2022
GEORGE LORIMER - YOUR HOME SOLD GUARANTEED OR I'LL BUY IT!*
Call George Lorimer and Start Packing at 619-846-1244 (click here)
We want to empower you with our 20+ years of experience and the tools that you need to analyze this market.
As you figure out is this the best time to buy or sell an easy indicator is the days on the market. For example, it took 17 days to sell in March 2022, now it is 28 days, in May 2022.
This could mean that the number of homes is increasing. It could also mean the number of buyers is dropping. In general, the days on the market increase typically indicates a softening seller's market. That means bad for sellers and good for buyers.
Like most things, the supply and demand relationship has many factors and differs from neighborhood to neighborhood. We have a free report you can download to learn more about it or you can call to discuss your home and ask me questions. Click here
GEORGE LORIMER, MBA
FYI- I have been selling San Diego homes for 20+ years and helped 1000+ clients sell their properties. Also, I have an MBA and have a huge passion for real estate and helping people.
Call George Lorimer and Start Packing at 619-846-1244 (click here)
We want to empower you with our 20+ years of experience and the tools that you need to analyze this market.
As you figure out is this the best time to buy or sell an easy indicator is the days on the market. For example, it took 17 days to sell in March 2022, now it is 28 days, in May 2022.
This could mean that the number of homes is increasing. It could also mean the number of buyers is dropping. In general, the days on the market increase typically indicates a softening seller's market. That means bad for sellers and good for buyers.
Like most things, the supply and demand relationship has many factors and differs from neighborhood to neighborhood. We have a free report you can download to learn more about it or you can call to discuss your home and ask me questions. Click here
GEORGE LORIMER, MBA
FYI- I have been selling San Diego homes for 20+ years and helped 1000+ clients sell their properties. Also, I have an MBA and have a huge passion for real estate and helping people.
Categories:
San Diego Market Statistics
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