2006-06-16 02:42:12 · 9 answers · asked by ♥ 4 in Business & Finance ➔ Renting & Real Estate
How about in Georgia?
2006-06-16 02:46:51 · update #1
Average time on the market, also known as days on market (DOM) varies from area to area. DOM is dependent on the current real estate markets in your area. A local real estate agent would be able to give you the averages for the areas you are interested in.
2006-06-16 02:46:01 · answer #1 · answered by Barbara R 1 · 0⤊ 0⤋
Look at this site. It give you Georgia market data for like 30 cities.
Tybee Island 30-60 days
Jonesboro 60 - 90 days
Midtown Atlanta 60-90 days
It also gives average home prices, which types of houses have the greatest activity (single family home, etc.), and if it's a buyer's or seller's market.
Click GA, then on the left click Georgia Market news, then on the left again click the city.
2006-06-16 09:52:59 · answer #2 · answered by csucdartgirl 7 · 0⤊ 0⤋
I sold my house last year (in Florida). Mine was on the market less than 90 days. There are some houses that were for sale when I listed that are still sitting there for sale. The sellers were asking too much money, the market was flooded, and now it has gone flat. As you can see, there are may factors. If you are in a coastal area of Georgia you must remember that it is now hurricane season. Ask your Realtor what the average time is in your market.
2006-06-16 11:06:03 · answer #3 · answered by Sharingan 6 · 0⤊ 0⤋
I am a secretary in a very busy reltor firm. It really depends on the home, the listed price, and how cooperative the sellers are about showing the home, and how actively involved the agent is with selling the home. It is a buyers market right now with the way the economy is. I see alot of homes come in and are gone within weeks...and then others are listed for months at a time. Hope I answered your question!
2006-06-16 09:57:34 · answer #4 · answered by apbtluv 1 · 0⤊ 0⤋
It really depends on what city you are in. In Brooklyn, NY, my house stayed on the market this year for 30 days. I am sure that this is not typical since the national housing market is in a slowdown phase. I would check with the National Association of Realtors. They may be able to give you that sort of assessment of your area. If not, then they may be able to give you a link to whoever has this info. Or just simply ask your local Realtor.
2006-06-16 09:50:17 · answer #5 · answered by currious about calculations 2 · 0⤊ 0⤋
In an in-balance market, 3 to 6 months.
2006-06-16 09:45:17 · answer #6 · answered by Gatorz22 3 · 0⤊ 0⤋
Depends where, the price, the market and having a good Realtor.
2006-06-16 09:50:31 · answer #7 · answered by martha t 1 · 0⤊ 0⤋
Location, location.and location,
2006-06-16 09:46:53 · answer #8 · answered by MissChatea 4 · 0⤊ 0⤋
Depends on where you are in the US.
2006-06-16 09:45:10 · answer #9 · answered by Why_Am_I_Here 3 · 0⤊ 0⤋