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I've seen just from driving around my own neighborhood that homes in the area are spending MONTHS on the market, is there an easy way to check what the average # of days on the market is for a particular zip code or city or otherwise defined area?
Halfway considering leaving the area and am scared to death at the prospect of trying to sell right now.
You might as well just guess if you are going to use zillow. It is riddled with outdated information. I've seen examples where homes that sold 8 months ago still show up on zillow as for sale.
is there an easy way to check what the average # of days on the market is for a particular zip code or city or otherwise defined area?
Be careful with the data you do find. This may have changed in the few years since I bought/sold my last home, but I specifically remember a few houses in my old neighborhood where the "listing date" was reset when they relisted the house at a lower price. You may have a house that has been on the market since April, but was relisted in September. If it sold in October the "days on the market" would only be a month.
You might as well just guess if you are going to use zillow. It is riddled with outdated information. I've seen examples where homes that sold 8 months ago still show up on zillow as for sale.
This is one area where zillow and trulia can come in quite handy. Some sellers will remove a house from the market if it has been on too long and then re-list it later in an attempt to re-start the clock. zillow and trulia keep track of this so you can see all of the listings and re-listings in one place.
Of course, a good buyer's agent will also be able to provide this information.
Just FYI: I bought my house for 193k not long ago - Zillow says it is worth 2.5 million dollars. NO JOKE!! I laughed for like 3 days when I saw it....must be a gold mine under the house...
Just FYI: I bought my house for 193k not long ago - Zillow says it is worth 2.5 million dollars. NO JOKE!! I laughed for like 3 days when I saw it....must be a gold mine under the house...
Wait until you see your property tax bill....
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