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Without a doubt everyone is watching for price drops. A price drop triggers a vigorous round of activity for those watching a property. Updated information such as picts or description reaches agents but not necessarily buyers.
In my opinion, price drops are a 'one-size-fits-all' approach to home marketing. Price reductions should be a part of the strategic marketing plan, not a consequence of poor planning. To keep the hits coming, one really needs to know what you are doing now. Is the sudden drop in hits a reaction to the (10/2010) recent housing news? At the price point and nature of your listings, you are dealing with a buyer population quite different than us urbanites.
You have some incredible listings. May I suggest you start writing about your listings. Don't restrict publishing to real estate websites only. Seriously, put yourself or another robust soul in front of a video and blast it everywhere. Embed a human actuated measure (such as video view) to determine the real number of people who actually looked at the listing, not who had the potential to see the listing (hits).
And finally, those whom you have done business with in the past. Keep them engaged as you advance your areas exposure and your business. Share with them the videos of the area (branded) that they can share with their friends. Or, you can drop the price.
ReMax Realtec Group
Palm Harbor, FL
Thanks for being a Trulia Pro James! I'm happy to see that you're monitoring your week over week views for your listings. As some have mentioned, reducing the price will get you more views as the home will become available to a potential new pool of buyers in the new price range.
Changing the primary photo can also help as well as adding multiple photos. Listings with more high quality photos not only get more views, but also get more inquiries from buyers. I encourage you to take some more artistic styled photos w/ different angles, lighting and perspective.
And lastly, you could also update the listing description copy. It's good to keep all aspects of the listing fresh.
Hope some of this helps.
Rudy from Trulia
Kevin is right on target! (Thumbs up James!)
Price reduction would be your BEST bet.
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Licensed in Maryland, Virginia and Washington, D.C.
Assisting Homebuyer's and Seller's for 28 years