When will it be sold
How Long Will It Take To Sell?
Find out what your home is worth and how long it will take to sell -- Free Home Evaluation and Selling Time Analysis
According to statistics based on the National average of homes sold, about 40% of homes sell within the first month of being on the market.
Houses that don't sell in the first month often remain on the market for months and months and often don't sell until significant price adjustments have been made.
There are many factors that can impact how long it takes for your home to sell. The four most important factors are:
Market conditions: am I in a seller's or buyer's market? Understanding the market will have a significant impact on your marketing strategy and listing price.
The condition of your home: Is my home up to date? Has it had major renovations in the last few years? Does it need a lot of work?
Location: Am I near a highway? Am I too close to the highway? Is there a train at the end of my street? What is my neighbourhood like?
Price: What did you base your price on? Is this price realistic to get a quick sale, but also in line with the real value of your property?
Each answer to these questions will have an impact on the value of your property and therefore potentially on the time it will take to sell.
If you want to have a realistic idea of how long it will take to sell your property and at what price, we strongly recommend that you have the evaluation done by a real estate broker. Our brokers will be able to give you a realistic idea of the market value of your home and how long it should take to sell. All of this is FREE and WITHOUT ANY COMMITMENT on your part.
To get a free evaluation of your home and a time to sell analysis, please fill out the form on this page.