The Longer It Takes To Sell The Less Your Property Will Sell For
This chart shows how much money, on average, a seller received compared to the amount of time a property was on the market. The data is pulled from our MLS system for Ocean City NJ in 2017. The data shows the longer a property is on the market the less the property sells for.
For example, a $500,000 property could sell for $10,500 more if the property sells within 45 days. If you're selling, days on market are your enemy. MLS data consistency shows the longer a property is on the market the less it will sell for. As a seller you should want to make sure everything is done to make sure your property sells within 45 days, hopefully sooner!
Days On Market
List To Sale Price