![]() Only 20% of sellers offered incentives to attract buyers, a drop from 26% of all sellers last year.Recently sold homes were on the market for a median of two weeks, an increase from one week last year.For recently sold homes, the final sales price was a median of 100% of the final listing price, the highest recorded since 2002.86% of home sellers worked with a real estate agent to sell their home, 10% sold via FSBO, and less than 1% sold via iBuyer.41% of sellers traded up to a larger home and 32% purchased the same size home. ![]() This is an increase from eight years in last year’s report, but reverts back to the same tenure seen in 20. Sellers typically lived in their home for 10 years before selling.For all sellers, the most commonly cited reason for selling their home was the desire to move closer to friends and family ( 21%), moving due to retirement ( 11%), or the neighborhood has become less desirable ( 11%).The typical home seller was 60 years old, an increase from 56 last year.Home Sellers and Their Selling Experience Overall, buyers expected to live in their homes for a median of 15 years, while 28% said that they were never moving. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |