Recent content by tradeThePaper

Also, does the 116-day figure include homes that were withdrawn and later listed again? If not, the apparent marketing time could understate how long some stock has really been available. I would separate occupied, vacant and withdrawn/relisted properties before drawing a conclusion.

Vacancy by itself may not be the deciding factor. Buyers are more likely to react to what it suggests: deferred maintenance, urgency, or a seller carrying an unused property. Do you have recent completed sales, rather than asking prices, and are all the homes within genuinely comparable...

How tightly did you draw the neighbourhood boundaries, and did you remove withdrawn and relisted properties? Student housing on opposite sides of an arbitrary boundary may look comparable on price but attract different demand. Relisting can also make marketing time appear shorter than the...

I’d be cautious about reading much into 17 days; that is not necessarily evidence that the seller is under pressure. Priya’s price may still be sensible, but I would not dress it up as a market conclusion when completed sales are thin. Inspection findings could justify a repair credit later...