Monadnock Real E-Stats (derived from NNEREN) Cheshire County Single Family Active Residential Listings
as of 9/13/10:
81 are $125,000 or less
517 are $125,001-325,000
178 are $325,001-800,000
Cheshire County Single Family Residential SOLD Listings
between 8/13/10 - 9/13/10:
# Sold Listings = 53
Ave Days on Market = 89
Med Days on Market = 47
Ave Sell Price = $186,446
Med Sell Price = $155,000
Highest Price Sold During this Time: $795,000
Lowest Price Sold During this Time: $12,000
14 Sold <$125,000
35 Sold $125,001-$325,000
4 Sold $325,000-$800,000
With interest rates dropping as low as 4% this past month, it IS a great time to sell because buyers can afford to offer a little more. The trouble is that sellers have so much competition in their price range. Have you noticed the average days on market of those who sold was just 89 days?
YES, it IS possible. HOW?
These sellers were proactive from the very start, pricing their home on the lower end of the market range to achieve a sale. There is also a pattern of frequent price reductions in those listings that sold under 3 months. This enables sellers to move on with the plans more quickly and take advantage of purchasing a home during a period of historically low interest rates.
Sellers who owe too much to price their home right must consider a short sale. See me, please, for details on the short sale process, or read the links below: SHORT SALES