hearth.kind
Buyer
I’m looking at Abu Dhabi mixed-use buildings priced from AED 3,464,000 to AED 5,197,000. The active listings in my sample are taking roughly 91 days to find a buyer, and the outliers mostly seem connected to property-tax information in the data.
This is my first attempt at tracking the market month by month. Should I treat 91 days as meaningful, or could withdrawn listings and unsold stock be distorting it? I’d especially like to know whether recent completed sales tell the same story.
This is my first attempt at tracking the market month by month. Should I treat 91 days as meaningful, or could withdrawn listings and unsold stock be distorting it? I’d especially like to know whether recent completed sales tell the same story.