What's the average listing-to-sale time in zips 90064, 90066?

Seeley
Home Seller
90064

Answers (1)
Keith Sorem
Agent
Glendale, CA
FIRST ANSWER

Seeley
Average Days On Market is about 100. However, your profile says you are a home seller.

If you are selling your home with a REALTOR, ask them to provide you with the number of homes like yours that, since your property hit the market, have:
Come onto the market
reduced their price
entered escrow
sold
expired.

The truth is that home that sell first usually sell for closest to asking price. The longer a home sits, the greater the gap. In your area, that means if the homes sell in a month, they average about 98% of asking. At 120 DOM that drops to about 93%. With home values declining about 1% per month, there is no value in pricing a home above market value.

The best way to get market value is to UNDER PRICE the home and start a bidding contest.

Wed May 27 2009, 09:36

Didn’t find what you were looking for? Ask a question!

Search Advice

Ask a question

Got a real estate question? Get answers from locals, experts and real estate pros.
Ask
Email me when…

Learn more

View all » 1 - 3 of 221
Copyright © 2009 Trulia, Inc. All rights reserved.   |   Fair Housing and Equal Opportunity
Help us improve our service—send us feedback