Some Sequim homes sell fast and others do not. What’s the difference between them? I’m a guy who doesn’t jump to conclusions, but after seeing the same pattern over a long period of time, like years, I say to myself, “Hey Chuck, there’s a pattern here.” And so homes that sell quickly and homes that do not have revealed a pattern.
Sequim Homes Sell When They Sell
In a large metropolitan market there will be hundreds of homes selling every week, and it is easy to accurately predict how long a home will be on the market, how many buyers are arriving per week, and you can use sales statistics to make pretty good predictions. But in a small market, like Sequim, Washington, the inventory is very small, and the number of buyers arriving to look at homes and buy is also a small number. The number of buyers who come from week to week varies, and you cannot make accurate predictions about DOM (days on market) or how much a home should sell for.
Sequim Homes and Retirees
The truth is, retirees will retire when they retire, and then they make a trip to see some Sequim homes. The date on which a home is listed has no relation to when a retired couple arrive in Sequim to see similar homes. The ideal buyer for a particular home might arrive the same day a home goes on the market, or a month later, or 8 months later. In a small market with few buyers, you cannot draw definitive conclusions about a home just because it sold in 4 days, or just because it has been on the market for 6 months. There may be nothing wrong with the home. The right buyer may simply not have arrived yet.
Possibly Related Posts:
- The Sequim Real Estate Blog
- How Do I Sell My Home?
- How to Select a Real Estate Agent
- Winter in Sequim
- What is the Range of Experience of Real Estate Agents?