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Days on Market - What's the Real Story?

Days on market for Charlotte NC real estate can tell a story that isn't always readily apparent. Learning the true days on market for a Charlotte NC real estate listing involves looking at the history.

Finding out if the house has been withdrawn or expired then "refreshed" can give insight to both buyers and sellers in the Charlotte NC real estate market.

Along with knowing about any changes in pricing, the length of time a house has been on and off the market can provide valuable insight to buyers evaluating a Charlotte NC real estate listing. For sellers it is an important piece of analyzing neighborhood activity - how long have the neighbors really been trying to sell?!?!

Days on market for real estate in Charlotte NC isn't always the same as finding out when the current listing hit the market, there can be a lot more to the story!

To read more about Days on Market, visit Days on Market for Real Estate in Charlotte NC

Copyright© 2008 by Diane McDermott, All Rights Reserved, "Days on Market - What's the Real Story"
Real estate in Charlotte NC

Posted by Diane McDermott, Real Estate Broker, Charlotte NC on 11/17/2008 02:51 PM

Comments (2)

real estate in charlotte nc, charlotte nc real estate, charlotte nc real estate market

Post is included in group: Charlotte NC Real Estate
Post is included in group: North Carolina Real Estate

2 Comments on Days on Market - What's the Real Story?

DEC

Very True about days on the market...I always view the listing history to judge a market by simply view where the listing started out and at what price it went pending is a great judge of where to list a home or make an offer...Great Blog

DEC

Thanks Tim! I've taken "days on market" and list/sales price ratios out of my market reports, I think both of those can be very skewed by simply using only the most recent price or listing. Thanks for stopping by!

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