Remove Bracketing Remove Contracts Remove Development Remove Open Houses
article thumbnail

Price Adjustments in this New Housing Market

Lamacchia Realty

That’s because fewer homes are being placed under contract. If you don’t have any requests for showings and if an open house yields an underwhelming crowd, you should review your list price and lower it to attract more buyers. Consider the Price Brackets. How much do you adjust the price?

article thumbnail

Price Adjustments in Florida Rise Rapidly

Lamacchia Realty

The chart below shows the median time to contract, which is the number of days it takes for the property to be considered off the market. A lack of showing requests or a poor turnout at an open house signals it might be time to reconsider and reduce your listing price to draw more interest.