We want to sell our condo after the rental season ends this year. How far in advance should we put it on the market to sell it by then?

According to local MLS statistics, you will on average, spend six months on the market before a sale is consummated. This assumes that you are priced within normal market parameters.

By contrast, those properties that are overpriced by more than 7 percent tend to stay on the market for an average of 10 months before expiring and dropping off the market altogether.

25 years ago or today, good markets or bad, if you want it sold, price it right!

As always, please visit us at www.Ed-Terri.com or for questions, email us at smith@realtor.com

Ed & Terri Smith, Broker Owners
RE/MAX Coastal Properties
850-837-5500 x1

 

 

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