How To Get a Quick Sale in a Slower Market

An analysis of the real estate market in Orange County shows that even in a slow market some houses sell quickly — for the same reasons they do in a booming market. Here's an example: In the city of Irvine, there are 95 single family homes on the market priced below $800k, and they have been on the market an average of 92 days. During the last three months, the average home was priced $697k and sold for $651k in 70 days. This means the typical home sold for 6.6% less than the avergage market price, and about 25% faster. Proper pricing makes a difference.