Would you believe about 1/3 of the pending sales since February 2015 sold in less than 20 days?
I broke it down by price range:
$100-150k…..32% sold in less than 20 days!
$150-200k…..31% sold in less than 20 days!
$200-300k…..39% sold in less than 20 days!
$300-400k…..41% sold in less than 20 days!
$400-500k….55% sold in less than 20 days!
$500-$1mil…38% sold in less than 20 days!
It’s a hot market if you have an attractive house that is priced appropriately. It’s not if you don’t.