Selling timetable

For a highly desirable unit (appropriately priced, top school district, good building, move-in condition, shows well, etc.) with the right buyer at the open house (educated about market, has been looking, motivated to complete a deal, unit fits their needs), you could get an offer within 24 hours or less. Since the intersection of these sets in the Venn diagram is usually extremely small, you may have to wait longer.

check chart room on urbandigs for days on market in your nhood and your prop type. Might as well take a peek at what the actual data says for a guide.

https://urbandigs.com/charts.php

Hover over Days on Market, expand chart options, and select your nhoods (up to 5) and select your prop type (up to 4 you can select) and your price range is up to you. I would leave service level at ALL to get more data in the dataset for the chart u will generate. That # will be the median days on mkt from DAY 1 of listing to DAY 1 of contract signed .

What is "family-sized"? A couple of convert -3s in my neighborhood (West 90s, so not prime UWS) have gone at the first open house after multiple interest. I would assume something a little bigger, maybe a Classic 7, might take a month.

Don't forget to factor in what floor you're on -- lower-floor units sometimes sit, even in this hot market -- and condition of unit. Try to do your reno projects before you list.

Also realize that I am talking about time from first OH to Accepted Offer -- if you are working with Noah's data, clip off 7-10 days to account for the time from AO to CS.

ali r.
{downtown broker}

whats up ali!! been a while. Yes that is true, there is a period of about 7-10 days between offer coming in, negotiating, deal sheets, atty due diligence and logsitics of contract execution. Only at that time will the broker chg the status in RLS from actv to csgn. Sometimes brokers dont even do that status chg, thankfully the data is improving over time in that regard.

Our system count is day 1 of listing to day it is changed within rls from actv to csgn.

Thx for pointing out Ali.

Thank you all. Very helpful. The chart is pleasantly user-friendly.

cool, and thx for the compliment on urbandigs charts! check out the price your apt tool too on ud homepage
cheers