In My Neighborhood in 40515>Question Details

Karla Frank, Real Estate Pro in 40515

what is the average number of days for a home to be on the market in Hartland area Lexington Ky?

Asked by Karla Frank, 40515 Thu Jan 21, 2010

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The average number of days on market for hartland is about 65 days, though the actual time it has taken to sell homes in that neighborhood over the past 6 months has ranged from as little as 9 days to as much as 191 days.

If you need a competitive market analysis of your home, please contact me. My phone number is listed on my website below.
1 vote Thank Flag Link Thu Jan 21, 2010
The average number of days a home is on the market in Hartland depends on the age of the house, updates and if it is priced correctly.

Feel free to have me over for a free review, where I will tell you what needs to be done to allow your house; the shortest amount of days on the market!
0 votes Thank Flag Link Fri May 18, 2012
Jean,
The following 5 homes on the MLS sold in the last 6 months.

2309 Abbeywood, Lexington KY 40515
Listing Price: 598,000 (5/13/09)
Sold (09/25/2009)
Selling Price: 575,000 Days on Market (DOM): 64

2388 Abbeywood Rd, Lexington KY 40515
Listing Price: 394,900 (06/05/09)
Sold (12/16/2009)
Selling Price: 385,000 (DOM) 138

2213 Bonhaven Rd, Lexington KY 40515
Listing Price: 449,900 (10/30/08)
Sold (10/29/09)
Selling Price: 375,000 (DOM) 319

3736 Wembley Ln, Lexington KY 40515
Listing Price: 599,000 (06/22/09)
Sold: (09/21/09)
Selling Price: 577,500 (DOM) 72

4878 Wyndhurst Rd, Lexington KY 40515
Listing Price: 419,900 (07/02/09)
Sold (09/28/2009)
Selling Price: 386,000 (DOM) 62

There are currently 11 homes on the MLS for sale in Hartland ranging from $375,000 to $599,000. If you want information on homes in areas surrounding Hartland subdivision or want a more detailed report, please send your email to TriciaWinter @insightbb.com with your request.

Best Regards,

Tricia Winter
Rector Hayden Realtors
Direct: (859) 321-7133
email: triciawinter@insightbb.com
website: http://www.triciawinter.rhr.com
0 votes Thank Flag Link Fri Jan 22, 2010
Hello Jean,

It can be a little more complicated than simply looking at the DOM (Days on Market) of the current homes. First of all, make sure that the data you are presented is categorized. You can look at the DOM for "Active" homes, these are the homes that are currently for sale. You should also look at the DOM for "Sold" homes. These are homes that have already been closed. You can also look at the DOM for other homes that may have "Expired" or were "Deleted" or "Withdrawn".

Here is a Flag of caution: Make sure that you also look at the Previous Listing Data for the Addresses; let me explain. It is a fairly common practice for Sellers and their Agents to "Refresh" a listing that has been on the market for a lengthy period to "restart" the DOM to make it appear that the home has not been on the market as long. This analysis takes longer and is often missed. For example, your neighbors home may show a current DOM of 35 days but it might have been on the market for 180 days before it was "refreshed" making a total DOM of 215 days.

With all this said, homes that show well and are priced right in the Hartland market right now, should move fairly well. Very often, a home will be listed too high, sit on the market too long, expire then get relisted at a lower Asking Price and sell quick. Pricing it right (not too high or low) and staging the home is the best strategy for a successful sale.

If you would like a full CMA (comparative market analysis) and Staging consultation for Free, give us a shout. We can also help you price your home well by giving you a reduced listing commission and a No Hassle, easy exit contract.

Good Luck.
Web Reference: http://www.lexre.com
0 votes Thank Flag Link Fri Jan 22, 2010
Hi Jean,

The Average days on the market for homes in Heartland are as follows. It's best to break it down:

Homes below $275,000 Average is 45 days on the market

Homes over $300,000 Average is 106 days on the market

If you would like a free detailed Comparative Price Analysis and Comparative Market Analysis please feel free to email me at soldbyelias@gmail.com or give me a call at 859-948-1009

Best Regards,

Eli Haddad
Realty World Mays
http://www.GetRealInLex.com

Become my friend on facebook at http://www.facebook.com/soldbyelias
0 votes Thank Flag Link Thu Jan 21, 2010
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