Days on Market Predictor

Pricing is the #1 factor - properties priced within 5% of market value sell 50% faster than overpriced homes. Location within neighborhood, property condition, and local market conditions are also critical. Seasonal timing matters significantly - spring listings typically sell 20-30% faster than winter listings. Professional photography, staging, and marketing quality can reduce days on market by 15-25%. Finally, pricing strategy and willingness to negotiate impact speed to sale.

Spring (March-May) is peak selling season with 40% more activity and 25% faster sales. Summer remains strong but slows slightly in late July/August. Fall sees declining activity with 20% longer sale times. Winter is slowest with 50% fewer buyers and 30-40% longer average sale times. However, winter buyers are often more serious and motivated. Plan your listing launch 4-6 weeks before your target season for optimal timing.

Consider relisting if your property has been on market for 90+ days without offers. Properties that remain listed too long develop stigma and may sell for 5-10% less than fresh listings. Take a 2-4 week break, make necessary improvements (pricing, staging, photos), and relaunch with a 'new listing' status. This resets buyer perception and often generates renewed interest. Fresh listings get more attention from both buyers and agents.

Improve your property's appeal through professional staging, high-quality photography, and virtual tours. Enhance curb appeal with landscaping and exterior improvements. Be extremely flexible with showing times, including evenings and weekends. Consider offering buyer incentives like closing cost credits or home warranties. Increase marketing exposure through additional online platforms and agent networks. Address any obvious defects or needed repairs that might deter buyers.

There's a strong inverse relationship - higher prices relative to market value dramatically increase days on market. Properties priced 10% above market value take 2-3x longer to sell. Conversely, properties priced 5-10% below market value often sell within 1-2 weeks and may receive multiple offers. The key is finding the sweet spot where you maximize both sale price and speed. Most successful listings are priced within 2-5% of true market value.