round_bridge
First-time buyer
I’m tracking Madrid country homes listed between €390,100 and €585,100, and my current sample suggests roughly 66 days to find a buyer. The slower outliers mostly appear to need significant maintenance, but I may be giving too much weight to properties that remain advertised.
Has anyone compared this with recent completed sales, including listings that were withdrawn rather than sold? I’d also be interested in whether the apparent increase in new listings is concentrated in particular neighbourhoods, and when price cuts are happening. Buyer financing and seller motivation could be distorting the picture too.
There is more stock available, but not much I would actually consider buying. Does 66 days sound plausible for this range once condition and exact location are separated out?
Has anyone compared this with recent completed sales, including listings that were withdrawn rather than sold? I’d also be interested in whether the apparent increase in new listings is concentrated in particular neighbourhoods, and when price cuts are happening. Buyer financing and seller motivation could be distorting the picture too.
There is more stock available, but not much I would actually consider buying. Does 66 days sound plausible for this range once condition and exact location are separated out?