When selling your house, anytime past one to two weeks on the market has been a good general rule for evaluating your home’s selling price. However, in a hot market, you may know within a few days of listing whether you’re overpriced, based on how fast other homes are selling. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that the likelihood of reducing the list price increases the longer a house sits on the market. So if you have reason to believe you’ve overpriced your home, a swift price correction is better than waiting additional weeks. Statistically, the longer your house sits on the market, the lower price you’ll get. Check out below to see what sold in Meadowbrook Glens in September 2022:
24360 Knollwood Street, Novi: 3 bedrooms, 1.1 bathrooms, 2,042 sq. feet, 2 car garage, Sold Price: $315,000
Meadowbrook Glens Home Sold
September 2022
A home can only sell for so much. They can only go so high on appraisals, and you’re only going to bring in so much cash over value anyway. For more information on Meadowbrook Glens, or similar Northville or Novi neighborhoods such as Village Oaks, Simmons Orchard and Whispering Meadows, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.