One of the first things a buyer will ask me about a Spring Texas house is “How many days has it been on the market?”
Days on Market (DOM) is a measurement of time. It represents the number of days a house has been listed as Active on the Spring Texas real estate market.
If the house has been on the market for a short time, buyers believe the sellers will not be willing to take much less than the list price.
But if the house has been on the market for a long time, buyers believe the sellers must be ready to sell and will take significantly less than the list price. Buyers also believe that if the house has been on the market for a long time then there surely must be something wrong with the house. Both of these assumptions can be WRONG!
There are many reasons that a house can linger on the market for a long time including:
Just because a house has languished on the Spring Texas real estate market for a long time doesn’t mean it’s a bad house. It just means it had a problem that it had to overcome before it would sell.
BTW: Current days on market for Spring Texas houses (MLS area 13) is 76 days.
Jill did a fantastic job and was a pleasure to have as our real estate agent. She was thorough,... read moreJill did a fantastic job and was a pleasure to have as our real estate agent. She was thorough, efficient, organized and professional
at all times. Jill was very knowledgeable and responded to all my inquiries and questions promptly and was just a great overall resource
throughout our home selling process. Because of Jill's attention to detail, we had an offer in one day and closed on schedule, ensuring
that we did not miss a beat on our subsequent purchase. It had been over 10 years since we had
last sold a home and Jill provided some of the best service that any agent could have possibly provided. She went above and
beyond our expectations and we were lucky to have Jill as our realtor.
Karen and David N. -- Cypress, TX read less