261 single family homes sold in all prices ranges in the last 3 months in an average of 119 days on market.
190 of them were listed from $0 to $599,999 and they sold in an average of 101 days
57 were listed from $600,000 to $999,999 and they dragged it out to 173 days
while the big Kaunas, 14 homes listed at $1,000,000 & up, sealed the deal in just 132 days.
And there are 416 homes still for sale that have been on the market for an average of 175 days and counting. (way more days than the 261 homes that sold)
229 for sale at $0 to $599,000 have been at it for 116 days
108 for sale at $600,000 to $999,999 are tipping the scales at 197 days
and the 79 for sale at $1,000,000+ have been sweating it out for 313 days
Notice that across the board the homes for sale have rung up more days on the market than those that sold. Which suggests that the homes still for sale are somehow less desirable than those that sold; be it price, location, condition or any number of other considerations. Like price.
Homes are selling pretty well this year. If yours is for sale and it’s not selling you may want to take a hard look at the price. The right price can make up for just about any other deficiency.
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