Q: How long will it take for my house to sell?

A: This is very difficult to say as there are many factors to take into account. The industry average is +/- 14 weeks at this stage. If the property is priced right, in a popular area and in a good condition, it should sell relatively quickly. In Krugersdorp we are seeing lots of demand for well priced family homes, around and below the R 1 200 000 mark. In Roodepoort, Honeydew Ridge and Wilgeheuwel areas we have many buyers looking for 2 and 3 bedroom townhouses between R 600 000 and R 900 000 …. Over priced properties are not selling unless a lower, market related offer is made and accepted. This often takes a very long time to get as the Seller becomes more desperate the longer it takes for an offer to come in, moving up the average time which can be 6 months or more.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s