Every house is unique. I've had homes sell within hours of listing on the market and some take months to sell with some still never selling at all. I believe there are three primary reasons why a home does not sell.
1. It is in poor condition.
2. The house is priced too high.
3. There exists a poor housing market.
If your property isn't sold within 30 days, a price adjustment should be made!
Sold within: |
Percentage of Homes |
|
1 Month |
40% |
|
2 Months |
7% |
|
3 Months |
7% |
|
4 Months |
20% |
|
5 Months |
10% |
|
6 Months |
7% |
|
7 Months |
9% |
Statistics are based on National average of homes sold.
At Royal LePage, we have been committed to helping Canadians buy and sell homes since 1913. With over 95 years of real estate experience, we would like to thank our network of national REALTORS® for their commitment and dedication to making us Canada’s oldest and largest real estate company. 
