Good morning BP! All the out from the islands of Oahu. How are we doing today guys?
I was doing a little deal hunting online earlier today and thought to myself I wonder the condos out here (in Hawaii) go for . Yes i'm not so highly educated in this area of properties so I don't know the answer right off the back. Anyways I was looking at the DOM on these condos and notices some don't go over maybe 160 days? So my question is how long should a condo be sitting on the market before being considering it as a high DOM listing?
Looking forward to chatting guys Mahalos
I'd keep on finding comparable sales in the area. See how long they're on the market for then take an average of those average DOMs.
30 days or more seems like old fish to me
@Antoine Martel well that's something I didn't think of lol thanks Antoine, quick question for you man ? how many condo deals are currently working on ? Just wondering.
@Lane Kawaoka 30 days ? you know I thought the same thing, til I started thinking "oh maybe its the same as a normal SFH on the market?" lol thanks for the tip Lane happy investing man
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