The second rule of real estate after Location: Timing. Buyers and Sellers need to understand the time trends in the market.
Sellers need to be aware of how long it might take to sell their home. Many variables affect this time, not the least of which is list price. Demand is high enough to keep average time on market low for condominiums and town homes, while single family homes tend to take 1-2 months to sell.
For the buyers, it is important to understand how fast you have to move – not just in responding to a home you like, but in how frequently you need to check the market and how quickly you need to make arrangements to view the home.
Most of the Aptos market sells in five to 8 weeks on average, roughly the same as a year ago, Certain notable price ranges sell significantly faster indicating increasing demand in the $1,000,000-$1,100,000 and $1,800,000-$2,000,000 markets.