Looking to buy a home in the United States? Or perhaps you are a real estate agent interested in knowing the average number of days a listing is on the market before sellers start thinking of price reductions. Either way, this map found on Trulia will give you a clue about where, when and how much the prices are being reduced in a particular neighborhood. According to the official program description, “providing home buyers with access to price reduction data empowers them to make more informed decisions regarding which home to purchase and helps consumers get the most home for their dollar. Price reduction data also helps home sellers price their homes competitively as more homes come onto the market“. About 16,000 zip codes across America are available for visualizing. Tell us… do you find this instrument helpful?
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