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Great question! The chart below compares the Average Sale Price to Original List Price Ratio with the amount of time properties stayed on the market before being sold. As you can see, properties sold during their first 10 days on the market sold for as much as 7-12% higher than properties that took longer to sell. This could mean a $120,000 loss for a $1,000,000 property!
The worst part is that those sellers didn't know what was happening until it was too late. This is why selling your property fast is the
best way to maximize your return on investment and make sure you are not leaving any of your hard earned equity on the table.
Source: Copyright © 2022 MarketStats by ShowingTime. Data provided by Bright MLS
Source: Copyright © 2022 MarketStats by ShowingTime. Data provided by Bright MLS
650507
Washington DC License No:
SP98374851
Virginia License No:
0225228004
Maryland Trade Center One
Greenbelt, MD 20770
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