Pricing Your Home Above $212,500 Eliminates Half Of All Potential Buyers


Pricing Your Home Above $212,500 Eliminates Half Of All Potential Buyers
By Scott Rogers • November 8, 2018
Pricing your home above $200,000 eliminates 44% of all buyers. Pricing your home above $212,500 eliminates HALF of all buyers! Pricing your home above $300,000 eliminates 79% of all buyers! Pricing your home above $400,000 eliminates 92% of all buyers! Pricing your home above $500,000 eliminates 97% of all buyers! As you can see, most (50%) buyers are only paying $200K-ish for a home. Even as we see prices climb, the vast majority of buyers are still not paying that much for their housing. Receive Updates by Email Recent Articles: Buyer Demand Exceeds Supply In Varying Degrees By Price Range Pending Home Sales Data Points To Slower Months Of Home Sales Ahead Detached Resale Home Sales Decline 39% In Two Years, Down To... Pre Covid Norm What A Great Time To Sell Your Million Dollar Home Home Buyers Who Bought Homes Two Years Ago Thought They Were Paying Crazy High Prices For Their Homes How Likely Is It That We Will Find A House That Fits You Better Than This One In The Next 90 Days? Fewer Home Sellers, Thus Fewer Home Buyers, But Ever Higher Sales Prices In Early 2023 First Look At February 2023 Home Sales Valley View Village, To Include 420 Apartments, Proposed For Reservoir Street Balancing Optimism, Pessimism And Realism When Thinking About An Almost Perfect House
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Mar 22, 2023 (unless otherwise noted).
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