NOTE: This is a very interesting chart. You can get a real sense of what the “market” (real people just like you who are buying and selling homes) considers any given house to be worth. Note the obvious trend – the longer a house is on the market, the lower the final sales price (as a percentage of original list price). This can be used by sellers to determine appropriate price reductions and by purchasers to estimate market value based on how long a house has been on the market.
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