If you define "on the market" as the time between listing and accepted offer, then less than two weeks is the norm, if: the home is in good condition; the home is in a desireable neighborhood and does not have any adverse, outside influences; it is a normal sale, not a short sale or REO (bank-owned); it is priced correctly. If you have a home you want to sell I would love to sit down and talk with you about your options. There is a ready, willing, and able buyer for your home, no matter what the circumstances. Also, there is a huge demand for single level homes, so if your home is single level, you should have no trouble selling it.
Properties that are priced right in Petaluma are receiving multiple offers and going very quickly. Many listing agents are providing a date upfront that offers are due to be sure the homes receive maximum exposure. As Lynn mentioned below, technically DOM (days on the market) will include the escrow period. Also keep in mind that short sales can take anywhere from 3 months to a year and beyond in some cases... Short Sale escrows are anything but short and greatly skew the DOM average.
I hope this is helpful. Let me know if you are looking for a realtor. I'm grateful for the opportunity to EARN your business.
Al the best
Artisan Sotheby's Int'l Realty
There are so many reasons why some houses sell quickly and others don't. Houses are as different as the people who live in them. All the answers here are correct from the basic 85 days on the market to two weeks. I have had offers the day the sign goes in the ground ( which have closed in 30 days).
The very best way to gauge how fast your home would sell is to have a Realtor do a market analysis on your home. We check out curb appeal, any remodeling that has been done or needs to be done, condition, square footage, lot size and of course the number one predictor is location.
If you are thinking of selling your home, please give me a call I live in Petaluma. I also have new information on the Mortgage Debt Relief Act that has been extended until Dec.31,2013.
Lisa Evans, Realtor
Bradley Real Estate
It's a good life
Keller Williams Realty