The usual view seems to be that 82 days on market creates room to negotiate, but I am hesitant to read that figure on its own.
I am comparing Paris villas advertised between €916,300 and €1,374,000. The snapshot shows movement of +2.1%, yet condition appears to have a much larger effect on achievable prices. Relisted or withdrawn homes may also distort the apparent marketing period.
My suspicion is that financing pressure accounts for part of the variation, though unusual condition and thin local stock may matter just as much. Would it be more useful to compare recent completed sales with withdrawn listings before drawing conclusions about discounts? Please mention the neighbourhood, property type and whether the work needed is cosmetic or more substantial.
I am comparing Paris villas advertised between €916,300 and €1,374,000. The snapshot shows movement of +2.1%, yet condition appears to have a much larger effect on achievable prices. Relisted or withdrawn homes may also distort the apparent marketing period.
My suspicion is that financing pressure accounts for part of the variation, though unusual condition and thin local stock may matter just as much. Would it be more useful to compare recent completed sales with withdrawn listings before drawing conclusions about discounts? Please mention the neighbourhood, property type and whether the work needed is cosmetic or more substantial.