Average number of showings to sell house less than $100K?
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February 22nd, 2010 at 6:23 pm
It would depend on the market. In mine the answer would be 0. The house would sell to an investor site unseen. It would not last 24 hours.
February 25th, 2010 at 8:23 pm
Gee, i’m no biggie in the real estate market, but theres no houses I know of that is less than 100 grand. i’m actually lucky I found a 4 bedroom home for only $650k… it’s because of the location. i live in santa barbara, california.
March 1st, 2010 at 5:07 am
It really depends on what the average price of homes in the same neighborhood are selling for. If the average price for the immediate neighborhood is 200,000 then it won’t stay on the market very long. If the average price of the neighborhood is less than 100,000 there is no pricing advantage. If a property is priced correctly for the condition and neighborhood it will sell.
March 1st, 2010 at 8:42 pm
Unfortunately, you’re really not providing enough info to answer the question. For instance, if it’s a $200,000+ neighborhood, a decent $100000 or under home will probably sell very quickly – meaning it should not take too many showings. The exact number would obviously be impossible to forecast. (there is NO AVERAGE, BTW)
The biggest factors today in most markets are Price, Financing and Condition. If those are right, the number of showings will take care of itself.