Do you take special interest when you hear (or read) "Priced To Sell"?  Should you?  There are 20 homes on the market right now in Harrisonburg and Rockingham County described in the MLS as "Priced To Sell".  Will they sell faster than the other 893 homes on the market that either aren't priced to sell, or at least aren't described that way?  Let's see what history indicates....

In the past year 20 homes have sold that were described in the MLS as "Priced To Sell."  They sold, on average, in 165 days.

In the past year 756 homes homes sold that were not described as having been "Priced To Sell."  They sold, on average, in 186 days. 

As it turns out, the "Priced To Sell" might have been a fair description --- these homes sold in about 10% less time than those that weren't described as "Priced To Sell."  Actually, I was hoping we'd see a more convincing difference --- that perhaps homes that have been "priced to sell" would have sold in half the time of other homes. 

Aside: Maybe if we add "Priced To Sell" to the description of YOUR home it will shave 10% off the time it will take to sell it??  :)

Inside Tip: You can search for "Priced To Sell" or other fun phrases in the MLS remarks of active listings via the "keywords" field on my Power Search.