"How long will it take my house to sell?"
This is probably the most difficult question for a REALTOR to answer. So many factors play into days on market: pricing, how much competing inventory you have on the market, even seasonal buying trends. However, I've compiled the following data from our MLS system to show you the AVERAGE days on market by township in Bucks County through the first half of the year.
Here were my parameters:
- Residential listings
- Priced $1,000 through $9,999,000
- Sold January through June 2008
We're not looking too bad, Bucks County.
The average for Bucks County is 74 Days on Market.
|Township||Average Days on Market|
|East Rockhill Township||74|
|Langhorne Manor Borough||111|
|Lower Makefield Township||78|
|Lower Southampton Township||60|
|New Britain Borough||87|
|New Britain Township||75|
|New Hope Borough||116|
|Upper Makefield Township||111|
Upper Southampton Township
|West Rockhill Township||113|
**Information from TrEND MLS and is deemed reliable, but not guaranteed.
One caveat, there is a way to "reset" days on market, so if a home has been relisted, the days on market start over. We are working on a way to calculate the total marketing days on our reporting for the MLS.