The “For Sale” sign by a Broker goes in the ground and my phone starts to ring even though it is not my listing. The questions include what is it on the market for? Is it furnished or being sold turnkey? What is the condition of the property? What is the view? So why do people that are not actively selling their property want to know this? Everyone is anxious to see how their properties are holding value in Pelican Sound and I am always just as curious!
Data can be presented in many ways and it can be interpreted very differently. For example, what does the number of days on the market really have to do with the selling price? Yes, if it is priced correctly it will sell quicker. However, if a well-priced property goes on the market during the summer season it will no doubt take longer to sell than a well-priced property going to market in Season. That is just the fact. So in reality, days on the market does not really determine whether or not your property has been priced correctly.