Mariana Wagner

2008 Annual Black Forest Real Estate Information – Average Days on Market

The annual 2008 average days on market for the Black Forest real estate market averaged at about 110 days. This means that the average home for sale in Black Forest sat on the market for between 3-4 months before accepting an offer.

Broken down by month, we see the following:

The highest days on market were in May (135 days) and the lowest days on market were in October (72 days).

Buyer Tip: The higher the average days on market, the more likely you are to get an offer accepted. Sellers are more likely to look at an offer when they have been for sale longer. Based on this graph, the best time to make an offer on a Black Forest home would be in May or any of the winter months (November – February).

Seller Tip: Putting your Black Forest home on the market in the beginning of Summer should yeild you the least amount of time on the market. This makes sense, as people are looking for homes for sale in Academy School District 20 (the school district the services Black Forest homes) and want to move in before the new school year starts.

Read Also:

• 2008 Annual Black Forest Real Estate Information – Sales Price Data
• 2008 Annual Black Forest Real Estate Information – Homes for Sale

“Based on information from the Pikes Peak REALTOR Services Corp. (”RSC”), for the period Jan.1 – Dec.31, 2008. RSC does not guarantee or is in any way responsible for its accuracy.  Data maintained by RSC may not reflect all real estate activity in the market.”

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January 30th, 2009 by Mariana Wagner | Leave A Comment

This entry was posted on Friday, January 30th, 2009 at 9:19 pm and is filed under Black Forest, Market Reports. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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