Maximize Profit - Shorten the Time on the Market with Home Staging

August 14, 2014

A real estate survey that was completed by the National Association of Realtors provided the statistics on the length of a listing and the effect of the length on the listing's price; noting the longer a house stays on the market the further below list price it drops.

 

"The longer a house stays on the market the further below list price it drops."

 

 

When a home sells in the first month the home averaged 1% more than the list price.  Homes that were in the market for two/two and half months; averaged 5% less than the list price.  Three months or more on the market the list price averaged 6.4% less.  Going over twenty-four weeks on the market, the house's list price average dropped about 10%.

 

 

Eileen Robinson is the owner of Palm Beaches Home Staging and a licensed Florida Realtor.  Contact Eileen for your home staging consultation today - eileen@palmbeachesliving.com

 

Posted by Eileen Robinson

 

(source:  National Association of Realtors)

 

 

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