How Does List Price Effect Days on Market?

As we near the end of 2021, we look back at some key indicators on sold properties. These indicators will help us determine strategy and pricing in 2022. One of the key indicators is the correlation between the Days on Market (DOM) with the average List Price Sold. As noted in the chart below for…

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What Effect Does Bedroom Space Have on List Price?

The graph below shows the difference the number of bedrooms has on the average list price. The number of bedrooms has a significant impact on the list price and is one of the most important to a potential buyer. What is considered a legal bedroom: Minimum of 80 square feet Must measure at least 7…

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