How Days On Market Effects Sale Price

8 days...that's all it took, on average, in 2019 to receive an offer below list price for a residential property. Depending on the municipality the offer was between $2K-$4.5K below list.


FUN FACT
In Toronto, an offer after 15 days was on average $32K below list price!

Our customers have always told us the importance of educating their clients on the market, and how pricing a property right can make all the difference.

Check out these charts to see how the % of List Price changes based on the days on the market.


DATA IS THE DIFFERENCE
We've also included the $ Difference to easily see how it affected the sale price.

TIP
View these charts on a larger screen device. They are interactive so you can zoom in and explore. Even take a picture to share on social!


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