average # of days on market

Asked by Will, New York, NY Mon Dec 17, 2007

I would like to know what the average number of days property remains in the market before sold in quarterly figures for 2005-2007.

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7
Will, Both Buyer And Seller, New York, NY
Tue Dec 18, 2007
Henry,

You're great for replying and helping me!

OK, so I'm new and learning (as you can see) -- Please provide info in a zip code of your choice in Manhattan for statistics from 2005-2007 ... preferably quarterly or monthly.
0 votes
Don Tepper, Agent, Burke, VA
Tue Dec 18, 2007
Days on Market also varies greatly by type of property and price of property, as well as by Zip Code. For instance, higher-priced properties (at least in Northern Virginia) stay on the market longer than lower-priced properties of the same type (single-family homes, for example). The more you target on specifics (for instance, single-family homes priced under $650,000, at least 3 bedrooms, 2 baths, in Zip code 22030), the more accurate the information will be. You can be more general, of course, but if someone simply asked for DOM for property in Northern Virginia, that wouldn't be very useful.
0 votes
Will, Both Buyer And Seller, New York, NY
Tue Dec 18, 2007
Hi everyone! Thank you so much for the replies.

Henry, I am doing research on Manhattan. If you can provide me with data for the whole region, that would be great!!
0 votes
Henry Cunala…, , Bayside, Queens, NY
Tue Dec 18, 2007
Real Estate is local. Please provide a zip code and I can provide you with data.

http://www.henrycunalata.com
Web Reference:  http://www.henrycunalata.com
0 votes
Aileen-Manha…, , New York, NY
Mon Dec 17, 2007
Also try Millersamuel.com.
0 votes
Donald J. Le…, Other Pro, Tacoma, WA
Mon Dec 17, 2007
Hi Will,

You will find a WEALTH of information on Trulia at:
http://www.trulia.com/real_estate/New_York-New_York

Also.., lot of interesting data at: http://www.city-data.com/city/New-York-New-York.html

Best of luck,
-Don
0 votes
Will, Both Buyer And Seller, New York, NY
Mon Dec 17, 2007
This is for New York, NY.. I forgot to mention.
0 votes
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