2d • ❓Open Q/A Thread
Market Research Short List of Metrics
how many days on market should we be targeting? That’s The metric I’m missing for maximum days parcels should be on market for it to be considered a good market?
I’ve organized a short list for market research based on week 1’s call.
Here’s what I got so far:
Sales Price range: $50k min sales prices to $300k max
Parcels sold: Min. 20 parcels sold in 6 months
STR 45% and up for 6 months
STR 90% and up for 12 months
Isolate the best moving acreage bands+ not selecting all if some acreage bands are slow
150% and up is a smoking hot market
Anything you guys would add or take away?
Appreciate everyone’s help
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Market Research Short List of Metrics
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