‘Favorited’ homes sell faster for more money

Zillow study finds when more people save a home as a favorite, the quicker it goes off the market.

Builder

Apparently, “favoriting” is now a word. It’s what home shoppers do on Zillow. As bad as it is for the English language, it is good for home sellers. According to a new Zillow analysis, homes with more favorites sell faster and for more money, an indication of how competitive the housing market has become.

Homes across the U.S. that receive 30 or more favorites within their first week of hitting the market typically sell in under two weeks, says Zillow, with more than 40% selling above list price. But homes that get 10 or fewer favorites in their first week go for less money and take over a month to sell.

READ ON:

 

Share this!

Additional Articles

Top master-planned communities for 2024

By AZ Big Media Here are the Top 10 master-planned communities in Arizona, based on public voting for the 2024 edition of Ranking Arizona, the state’s biggest and most comprehensive business opinion poll. Ranking Arizona

Read More »
News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.