Get with your Realtor and find out what the average days on the market is for your neighborhood. Three and a half months may not be that long if the average property is selling in say 9 months or so. If it has been too long, then more than likely your home is not in alignment with the current market and you should consult with your Realtor about pricing your home to sell now. Also, ask your Realtor about which direction values are headed right now. Are they flat, declining, increasing? You want to price slightly ahead of the trend for a quick sale. Remember nothing else matters to the market except the current price (not your loan amount, what you put into it, or how you feel about it).
Steve T. - Tue Oct 20 2009, 15:19