Archive for March 7th, 2006

Median Days on Market for Marin County Real Estate

Tuesday, March 7th, 2006

When I hold open houses one of the first questions prospective buyers ask is how many days has this home been on the market. I think the goal is to find out how motivated the seller is. Sometimes days on market does make a seller motivated but not all. For example one condo in Marin has been on the market 383 days, and a single family dwelling 383 days.
How many days should your home stay on the market before it sells For Marin County Real Estate the median days on market currently is 33 days for single family dwellings, 37 for condos and 51 for two to four family dwellings.
Homes that are not priced properly, odd, expensive or have features liked by a small percentage of the population tend to stay on the market longer.

Warren Carreiro
warren@TheMarinRealtor.com
415-846-7286