Use the typical sale timeline to reduce overlap costs
If you are deciding when to give notice or lock in your next housing step, the safest move is to plan around how long sales have been taking. In Olds, AB, I would build in time. Here is the constraint I plan around based on the previous 30 days a typical sale took 65 days last month in Olds, AB.
That matters because overlap costs add up fast when timelines slip. With supply at 3.17 months last month in Olds, AB, buyers had choices, which can extend the process if your home is not positioned well. Last month in Olds, AB, 12 homes sold and 22 new listings came on, with 38 homes available. Recent offers landed around 97.0% of asking. Strategy Build your plan backward from your ideal possession date and include time for negotiations and conditions, not just showings. Price and prep early so you are not forced into concessions later when your deadline gets close. Detached benchmark pricing was $476,900 last month in Olds, AB, and the total residential benchmark was $428,300. Some metrics were not reported for this period.
About Ankur
Ankur is a licensed Real Estate Professional affiliated with Cir Realty| Buysellhomesyyc, specializing in the Olds market. With a focus on strategic marketing and deep local knowledge, Ankur provides clients with expert guidance in navigating complex real estate transactions. View full profile →
