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To: RetiredNow who wrote (21)11/28/2007 10:22:50 AM
From: Dinesh  Respond to of 230
 
>I'd ask a local realtor what the average months to sell is in your area

That sounds pretty reasonable. However, you should also see to it that the samples are drawn from similar times. E.g., taking the last 5 or 10 year average may not be that useful. Better yet if you could get the same datapoint charted over time and see how it jumps.

regards



To: RetiredNow who wrote (21)11/28/2007 4:32:13 PM
From: JDN  Read Replies (1) | Respond to of 230
 
My home is in Palm Beach County, coastal area so no land to speak of east. Realtor tells me there is in the entire county a 16 month supply of unsold homes. Course I dont know the location of the spread of unsold homes. Ones in my neighborhood that discounted heavily seem to have sold within 6 mos. Others that are holding onto last years prices havent moved at all. jdn


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