As the frenzied spring housing market begins to cool, Redfin’s tour and offer data suggest that while sales volume may fall off in the mid to late summer a little more quickly than last year, it will likely remain above last year’s levels for the next few months.
What if we could get our clients’ listings in front of more serious home buyers searching in their neighborhood and give them a better chance of selling for even more money, even faster? That’s just what we set out to do in 2012.
We thought it would be interesting to dig into Redfin’s stash of real estate data to answer the question: Does holding an open house make a home more likely to sell?
On average, Redfin listings sell 15 days faster and for $8,700 more than the competition.
Yes, this is another bottom call. Well… sort of.
Recently we decided to dig into the data to see if it supported our feeling that winter is the best time to buy, and the worst time to sell. However, when we got the results we discovered that our assumptions were dead wrong.