What are good numbers to determine if a neighborhood has acceptable sales? For example, there is a home in a subdivision I am looking at. The average DOM for the subdivision is 107 days. With a low of 12 and a high of 218. The house right beside the one I am interested in sold in 15 days. The neighborhood is decent. Not the best, but far from the worst in town.
Ask your Realtor or appraiser to pull the comps and see how long they took, what the list price was, and what the selling price was…
Keith
As kdhastedt is saying there is nothing a person can do to make a house sell for more or faster than the comps say they will go for. Get good recient comps. Same kind of house in the same subdivision same section.