May 2012 San Francisco House Sales

June 15, 2012 by · Leave a Comment 

The majority of single family house listings are selling quickly at or above the asking price; this often reflects intense buyer competition for the same listing. But even in a hot market, there are listings that are overpriced or poorly prepared and marketed: such listings either expire without selling, or go through price reductions, reducing their sales price to list price percentage and greatly lengthening their days on market. However, even here, the quantities of such listings (price reduced, expired) is much lower than in normal markets.

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