The typical rule of thumb is if a house is priced properly and marketed effectively you should get 10 showings and at least 1 offer within the first 4-6 weeks. The hardest part right now is to get homeowners to price their homes at a price that will bring the buyers. The typical "I'm not giving my house away" is something we hear often. It's very difficult right now for many homeowners to come to grips with the fact that the prices have dropped so dramatically since 2006. They feel they've lost money. However, you can't lose what you never had. Also, if you would have sold for a higher price in 2006, anything you would have purchased would have also been very high. Sell high, but high. Sell low, buy low.
I assume from your name heading that you live in Williston Park. Since January 1, 2010, 38 homes have closed in Williston Park. The averages sales price was about $500K and the average days on the market for those homes as about 3 months. Right now, there are only 27 active listings in Williston Park. Right now, it appears that the absorbtion rate in Williston Park is about 5-6 months. That means if no one else puts their house on the market, it will take 5-6 months to sell every listng.
I would be pleased to perform a market analysis on your home. Please feel free to contact me to set up an appointment.
Senior Real Estate Specialist
Certified Buyer Representative
Century 21 Princeton Properties
In the Top 2% of Century 21 Agents Nationwide!
The amount of time a home is on the market will vary from market to market depending on local conditions and how desirable or undesirable the property maybe. Contact a local Realtor in your area and he can give you the average statistics. There are many good Realtors on this website for your area, just type it in the top box where it says city and state.