Scott P. Rogers
Funkhouser Real Estate Group
540-578-0102  •  email
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Thursday, December 5, 2024
Speed Of Contracts
Only about a quarter of homes that are going under contract are doing so in three days or less.

And actually, only about half are going under contract within a week and a half... 11 days.

So, it's taking 12+ days for about half of homes to go under contract.

And it's taking 46+ days for about a quarter of homes to go under contract.

All that is to say, homes aren't going under contract quite as speedily as they were a year or two ago.

So, with some new listings - yes - you will need to make a decision (and potentially make an offer) very quickly - but not necessarily on most homes any longer.