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According to one study by the Real Estate Staging Association (RESA), staged homes sold for around $40,000 over the list price in 2021, and sold nine days faster than the average days on market ...
Days on market (DOM, alternatively active days on market, market time, or time on market) is a measurement of the age of a real estate listing. The statistic is defined as the total number of days the listing is on the active market before either an offer is accepted or the agreement between real estate broker and seller ends.
WASHINGTON (Reuters) -U.S. existing home sales dropped to a 14-year low in September, weighed down by higher mortgage rates and house prices. The second straight monthly decline in home resales ...
The average days to sale in your market, advertising, labor costs, length of term, and competition may influence the rate acceptable by the listing real estate broker before entering a listing agreement.
1990: In January 1990, the Median Home Price was $125,000, while the Average Home Price was $151,700. [18] The average cost of a new home in 1990 is $149,800 [19] ($234,841 in 2007 dollars). 1991–1997: Flat Housing prices. 1991: US recession, new construction prices fall, but above inflationary growth allows them to return by 1997 in real terms.
According to WOWA, the average price of a home in Canada in November was CA$646,134, which is $487,540 in U.S. dollars. “Homes in Canada appear to be about 19% more expensive, after the currency ...
As of 2014, privately sold houses in Canberra spent about 34 days on the market, according to RP Data – the second shortest period in the country. Canberra houses sold by private treaty spent the same time on the market as those in Melbourne; a week longer than Sydney, where houses are on the market for an average of 27 days. Privately sold ...
If you think average home prices are high now, wait until you see what they were the year you were born, or when your parents made their first purchase.