Why do some listings fail to sell and expire?
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No matter what kind of real estate market you’re in, some listings just won’t sell. Winnipeg can boast an average success rate of 75%, meaning that roughly 3 out of 4 listings sell…… which means 1 in four will expire.
These statistics vary according to the price of your house or condo….. Homes in the lower price ranges will sell over 90% of the time, while multi-million dollar homes average less than 30% success rate.
Here are some of the most common reasons why listings expire.
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If your home failed to sell, call me for another opinion.. Bo Kauffmann, Remax Performance Realty, (204) 333-2202
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[…] Reasons why some houses or condos fail to sell […]
[…] expired or been withdrawn from the real estate market in Winnipeg. While there are a number of reasons why ‘listings’ fail to sell, the Winnipeg real estate board recently released a short video, mentioning that the market is […]
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[…] Reasons why some houses or condos fail to sell […]
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