As you can see, there would be no benefit to averaging the DOM's for such a divergent price range. Throw in the short sales and foreclosures, and the number becomes even more skewed.
I'd like the opportunity to discuss matters with you further. There are many investor-friendly locations, some of which are more preferable than others. Sharpstown, for example, doesn't have the best school zoning, while some adjacent areas are attractive to families because of the better educational situation. They could prove to be better investments for you overall.
Please get in touch with me via phone or e-mail below. I'm certain we can help. We look forward to hearing from you.
As stated, this would include short sales and REO with can have INCREDIBLY long lifespans.
As stated, this would include all types, such as condos, villas, town homes and single family homes.
As stated, this would include homes not comparable to the subject house.
As stated, the DOM would include blghted areas also.
Relevant, useful data, must be related to a defined real estate segment. The more well defined the segment the more useful the data.
In essence, more data needed.
Best of success to you,
Annette Lawrence, Broker/Associate
Reamax Realtec Group, Palm Harbor, FL
This is a link to our website: http://www.venturerealtyrei.com
I look forward to talking to you soon,