3 weeks, just got a full price offer.
2007-03-23 09:59:51
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answer #1
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answered by Michael D 2
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It really depends on where you are located. I attended a seminar this morning that said there is an 8 months supply of homes in NJ. Theoretically, that says it will take 8 months or more to sell a home. In practice, however, that timeframe is largely due to local market conditions and involves several factors.
You should consider the following when figuring out how long it will take to sell..
- Marketing time: this is how long it will be active on the market before someone is interested in buying. You realtor will give you an idea of how long this can take in your market area. In mine, for example the average is 3-6 months. If home is priced competively, then it can sell in weeks. If it is over priced, it can take more than 3-6 months.
- Under contract period: once someone decides to buy your house and you agree on price and terms, it can take 2-3 months before you actually close. I have seen faster closings (i.e. less than a month), but both parties have to be in agreement and do everything possible to close in that time. That would entail all inspections, appraisals, title searches, etc.
When I sold my house last year, it was on the market for a little less than 2 months before it went under contract. It then took about 45 days to actually close. But like I said, it really depends on many factors. Your realtor can give you better information. If you need a realtor in your area, let me know and I can help you find one.
Take care and good luck.
2007-03-23 17:23:18
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answer #2
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answered by ecollado2000 2
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The question you are asking has nothing to do with anything. You are not asking for a comparison. You are not defining, city, state, new or resale, foreclosure, fsbo or any other meaningful item. What do you hope to gain by this anyways?
What if I sold two homes. The first sold before the 4sale sign was put up. The second took 130 weeks with three reductions. Now what good does that information do you?
2007-03-23 18:36:18
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answer #3
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answered by ttpawpaw 7
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I sold a home about a 1.5 years ago and sold it in a week. The market has changed though and I see homes on the market for a year.
2007-03-24 08:40:07
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answer #4
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answered by KathyS 7
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My parents put the property on the market June 2006, it did not complete until February 2007. It all depends on the circumstances and whether there is a chain or not.
2007-03-23 19:33:46
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answer #5
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answered by minxxywitch 1
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Last time - decided to sell Monday, valued and on the market Tuesday, sold Friday.
Then a four month wait while estate agents, solicitors etc did their stuff, before we could move.
2007-03-23 17:00:31
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answer #6
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answered by Anonymous
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It literally took me a day....I had open house and the second couple who walked in made an offer, full asking price....BUT, that was last year....I didn't use an agent, I sold it myself....
2007-03-23 18:49:44
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answer #7
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answered by Anonymous
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it depend on the area you live or the long your local authority takes to do the searches once your solicitor has them back they can get on with things for me i think one moth is too much because many peoples in those days what to buy their one House.
2007-03-23 18:50:07
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answer #8
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answered by pauline l 2
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It depends on how long your local authority takes to do the searches once your solicitor has them back they can get on with things
2007-03-23 17:02:17
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answer #9
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answered by toon_tigger 5
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my cousin just bought one took 6 weeks.
2007-03-23 17:03:14
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answer #10
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answered by EVH 5150 4
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