Friday, October 16, 2009

How Many Listings Go Pending Within 30 Days?


In the last 6 months:
  • 37% of SFDs (that sold) went pending within 30 days and those sales closed on average at 102.5% of list price
  • 24% of Condos (that sold) went pending within 30 days and those sales closed on average at 99% of list price
  • 16% of TICs (that sold) went pending within 30 days and those sales closed on average at 99% of list price
  • 60% of REO SFDs (that sold) went pending within 30 days and those sales closed on average at 106.6% of list price

    To go pending within 30 days, typically a listing would ratify within 15 days of going on market.

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