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Home Sales in Oakland County Michigan- Time on the Market

By
Real Estate Agent with Coldwell Banker Professionals

Home Sales in Oakland County Michigan- Time on the Market

Properly pricing and marketing your home is more important today than ever before. In the old days we could start high and between increasing prices and strategic price reductions we could get a house sold relatively fast. And because prices were on the upswing it didn't cost you anything to test the market.

Today that's a different story. Prices are still on the decline- though not quite the nose dive we experienced the past couple years. So the longer you stay over priced the less you will eventually sell for.

I have been checking the sales data for several subdivisions, lake houses and acreage in Oakland County, Michigan and the one thing I am seeing, almost without fail, is that homes are selling within 60 days (often times within 30 days) after hitting their final asking price. Some homes hit the market at the correct price and sell within the first two months. Some houses start high and sit on the market for a year or two or even three, but once they hit that proper price they do sell within the next two months.

If you are thinking of selling your Oakland County, Michigan home, please contact me for a free consultation.

Jackie Hawley
Keller Williams Realty
cell: (248)736-6407
email:
Jackie@JackieHawley.com
web: www.MiRelocation.com
blog for sellers only: http://SellingRealEstateInSoutheastMichigan.wordpress.com
blog for buyers only:
http://SoutheastMichiganRealEstate.wordpress.com

Posted by

Jackie Hawley, Realtor, ePro

ReMax Encore
Cell: (248)736-6406
Jackie@JackieHawley.com 
www.MiRelocation.com