I would not lean too heavily on the 115 days. A country home can have a narrower buyer pool, so a longer marketing period does not necessarily prove that the price is wrong. The larger weakness is that your comparables are asking prices rather than completed sales.
Before settling on 9%...
I’m looking at Atlanta new-build flats listed from $952,000 to $1,428,000, and my current sample suggests roughly 12 days to find a buyer. Most of the outliers appear connected to building reserves. Before I treat that as a market shift, do recent completed sales support it? I’m concerned the...