data that do not naturally appear in quantitative form can be collected in a quantitative way. We do this by designing research instruments aimed specifically at converting phenomena that donât naturally exist in quan-titative form into quantitative data, which we can analyse statistically. Examples of this are attitudes and beliefs.
âIt varies, but on average it takes between 30-45 days to buy a home,â said Nadeem Qureshi, real estate agent at Champions Real Estate Group. Beyond the average length of time, there are many other factors to consider before buying a home.
If you want to really estimate how long it will take, assume that youâre not going to get an offer until roughly 20 buyers have been through your home. And then assume that it will take 2-3 offers before a deal is done. Of course this is not perfect, but hereâs how we estimate how long it will take for that to occur. Price is the single most important factor when determining time on the market.