Recent days to sell and below-asking closings should reset how sellers think
If your plan was to list high and wait for the right buyer, I would revisit that before you hit the market. In Montgomery County, TX, a typical sale took 59 days last month, and accepted offers averaged 95.6% of asking, which is not ideal for a wait-it-out strategy.
The typical active asking price was $372,990 last month, while the typical closed price was $327,500. Supply stood at 4.48 months. Those numbers tell me sellers in Montgomery County, TX still have opportunity, but they need to create momentum instead of assuming the market will do it for them. A long wait can be expensive even when values are stable, because the listing starts to compete against fresher homes and better-priced alternatives. I would rather help a seller enter correctly than try to explain away a weak opening number later. Price close to the market from day one. Make the home look move-in ready before buyers start comparing it online. Decide what matters most in your final terms so you can negotiate from a plan instead of reacting on the fly.
About Greg Sanders, Realtor
Greg Sanders, Realtor is a licensed Real Estate Professional affiliated with NB Elite Realty Group, specializing in the Montgomery County market. With a focus on strategic marketing and deep local knowledge, Greg Sanders, Realtor provides clients with expert guidance in navigating complex real estate transactions. View full profile →
