How long is a house staying on the market right now ? A minimum of how long ??

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Mar 17, 2017 Views6,281 Answer a Question

Just wondering how long houses are staying on the market?? I heard around a minimum of 60 days ......

Asked by
Consumer
Categories:
Home Selling
About 6 years ago
Hi Jessica,

The answer depends.
It is mainly supply demand relationship. The price of the house, the location of the house and the market is main drivers of the days on market.
Call me, i can get you the current months of inventory for the interested property you want to sell.

Regards,

Cagdas Acar
Msc PSA VLB Realtor@
832-283-1091
acarster@gmail.com
www.har.com/cagdasacar
About 6 years ago
Hello Jessica,

It depends on the subdivision. As a platinum agent, I have many tools at my disposal. I can give a completed 360 degree view of what is happening in a subdivision. This report will provide days on market, sold price (not the list price), active listings, withdrawn/terminated listing, Sale price average trend, house sold trend and so on.

Chris
Coldwell Bankers
www.ChrisRealEstatePro.com
832.859.8698

About 6 years ago
Hi! This is a great question! It really depends on the market area (sub market) and the price range. Homes in central Houston sell much faster than homes farther from downtown. However, hot suburbs move quickly too! The most popular price range in Houston (the price point a majority of buyers are shopping in) is around $200-$300K. Homes in this range in central Houston fly off the market. Homes in the millions take quite a bit longer. It all comes down to where you're located and what your home is worth, though. A REALTOR can evaluate your home and give you a reasonable timeline, without making any promises.
About 6 years ago
Dear Jessica,
There are many factors the affect the time a home is on the market:
- The current Real Estate Market
- The experience an agent has in marketing
- The correct pricing of the property
- Good negotiations on behalf of the agents

Dominik Szabo
UTR - TEXAS REALTORS
(832) 844 1724
DominikRealtor.com
** The Doctor of Real Estate in Houston Texas**
" Professional, Courteous, and Informed "
About 7 years ago
It totally depends on the three L's of Real Estate, Location, Location, Location. On average in the State of Texas, houses are staying on the markets 3.5 months, however in certain communities we've had the first offer come in within 3-4 hours. I almost always insist that my clients keep their house on the market longer unless we receive an "out of this world" offer. The number of re-locators settling in Texas have exploded, and many are either bringing huge cash down payments, or all cash offers are increasing by the day. This closes faster, and can help you move faster.
About 7 years ago
I agree with my fellow Realtors that it depends on the specific area you are speaking of. Here in Friendswood ISD homes can be under contract in a matter of days.

Please don't hesitate to call me about the location you would like to know more information about.

Krystal Huhn
Realtor, Stanfield Properties
About 7 years ago
Hello Jessica,

Days on the market indicates how long it took the Seller to sign a contract, not to close on the home (which is another 30-45 days when a mortgage is involved with the Buyer). Of the 12,054 single family homes that have sold since Jan 1st in Houston, 9,205 of them received a contract within 90 days. In fact, 7,741 received contracts in under 60 days. For the most part, this indicates a Sellers market.

But every community and price range is different. Mid range homes, $350,000-$500,000 are staying a bit longer on the market VS lower priced homes ideal for 1st time buyer. West areas are taking a bit longer to sell as more inventory is on the market and many families in this area are effected by recent lay-offs in the energy sector. Best advise is call a Realtor like myself and I can give you an estimate of value and marketing time for your home!

Mark McNitt, Bernstein Realty
832-567-4357
MarkKnowsHouston.com

About 7 years ago
Hey Jessica! The specific days on market is going to depend on area, neighborhood, & property. If you are looking to sell your home look at the advice of a local real estate agent. What they will do is run a comparative market analysis. This will help give you information regarding the homes selling in your neighborhood that are comparable to your home! I.e. days on market, list price vs sales price, etc. Hopefully, this helps steer you in the right direction!

Clarissa Michaels
Realtor
936-520-6454
My Castle Realty
About 7 years ago
Always to long for Sellers, priced to beat the competition in your area will always expedite the process.Priced Higher than competition turtle race.
Min. i would say 5 days so all the possible buyers have enough time to see the home and the seller can decide on which offer.


About 7 years ago
It all depends on the area you live in, the price and the shape the house in.I had a listing around SugarLand lasted 2 weeks
Other ones 2 months. You can reach me at7135425693 for any questions.
About 7 years ago
This varies depending on many factors. Price point, community, condition of the home, amenities, schools, and many more factors. But if you're speaking generally, the average for the Houston market is at 3.5 months. Again, every Neighborhood is different and has different driving factors. Best is to get with your Realtor and have them do a CMA for you so you can see the actual data for your area.

Feel free to contact me directly.
Lam Nguyen
Register Real Estate Advisors
Lam@rrea.com
281-901-0437
Disclaimer: Answers provided are just opinions and should not be accepted as advice.
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