There’s a Science to Selling a home. Determining pricing & how long it will take to sell a house in any market is key.
Some homes by nature will take longer because the buyer pool in certain price points/housing types may be limited. In this red hot market these the buyer pool for upscale condos & uber luxury homes seem to have a smaller pool of buyers. There are simply far more of the population that qualify for under $400k and they want a house, not a condo.
This means that if you are in the market for an upscale condo or a luxury home, you have more negotiating power in this market.
Let’s take a peek at what isn’t selling like hotcakes.