Is your Aliso Viejo Real Estate priced to sell?
When we complete a calculation about days on market we do so by analyzing the market time at which homes enter into escrow. In other words, a home which never gets an offer isn’t used to determine “days on market”. If your home is overpriced it won’t ever sell, even in a popular place like Aliso Viejo. There are many homes on the market which far exceed the average days on market.
Is it time for a price reduction on your Aliso Viejo Real Estate listing?
Watch the video below and see how we figure the weeks of inventory calculation. Your home may be priced in the average however due to an oversupply of inventory relative to available buyers it still might not sell.
“I don’t want to loose money by being the lowest priced Aliso Viejo listing.”
Of course not, and statistics show that when a home is priced at the low end of the marketplace there are usually multiple offers. It is unlikely you will be harmed by being the best priced home.
Many bank owned homes price their properties below market and then tell the agent community, “No offers accepted for two weeks” This generates bidding wars on the low priced homes which eventually lead to much higher sale prices.
Look at the comparable properties and be the best priced.
For information about your Aliso Viejo Real Estate click here and discover days on market for your Aliso Viejo Real Estate