while properties that are priced appropriately tend to sell more quickly. The study found that properties priced above market value stay on the market for an average of 71 days
while those priced at market value sell in an average of 46 days (Rogacz 2022). Additionally
the study found that properties priced below market value sell in an average of 33 days (National Association of Realtors
2021). Another study by Zillow (2021) found that the number of days a property remains on the market is directly related to the price of the property
with higher-priced homes taking longer to sell than lower-priced homes. This study found that homes priced in the upper 25% of the market took an average of 78 days to sell
while homes priced in the lower 25% of the market took an average of 56 days to sell (Zillow
2021).
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