Pricing Your Home Above $212,500 Eliminates Half Of All Potential Buyers
Scott P. Rogers
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.
