In June 2024, Solano County saw 57.7% of homes remaining on the market for more than 30 days, reflecting a significant rise in stale listings compared to last year.
Real estate agents refer to properties that sit on the market for an extended period as 'stale' homes. Buyers often question why they haven't sold quickly, pondering if there might be issues.
Colleen Cotter noted that recent trends indicate potential buyers are keen on move-in-ready homes, leading to hesitance towards properties lingering on the market longer than 14 to 21 days.
While San Francisco had a high percentage of stale listings at 69.7%, this was not uniform across neighborhoods. The fastest-selling areas were noted to be Sunset and Parkside.
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