I suggest that you price your property aggressively and be creative, such as pay closing costs. Another suggestion is "rent to own" if you have the luxury where you can wait to sell. Make sure you have a realtor that knows what they are doing concerning "rent to own".

If you are priced aggressively and are priced under 300K your property should move in a timely fashion.

Hello ! Brianna :

DOM are directly related to the price,listing time and closed date of the home. Those that are more aggressively priced and home's under $300,00 are moving much quickly than those listed at the high end of the recommended range.
Please let me know if there are any other questions I can assist you with!

Walter Meislohn

Brianna,
Would love to give you some solid info - email me the specs on your home
beds/baths/sftg/lots size/style/location etc and I can get you some realistic #'s
Feel free to call me also
Dani Padovano
609-709-7311
danisellshomes@comcast.net

Brianna, Since 1/1/2009 there has been 208 homes that have closed in Toms River. It is stating that the average Days on market as 97 days. However this only takes into account the present listing days at the time of the closing. If a property was listed with a different agency the days on market would be longer. The DOM also varies by price range, some price ranges are moving quicker than others. DOM can also vary by if the home was properly priced from the beginning of the listing, or if it was overpriced at the start. With all of the different things that can affect DOM, and in this crazy market, it is no longer a good indicator of how long it will take to sell a home. Please let me know if I can be of any assistance.
Take care,
Laureen Coup
Broker-Manager
Crossroads Realty
(732) 674-7506
LCoup@CrossroadsRealtyNJ.com
"Crossroads...#1 in Closed Listings in Ocean County"

Briana,

All of th input provided so far is valid. Hower, sinceToms Riveris such large township, you quesiton would be be served if ou could uspply a more specific area. I know of areas wtth small DOM and others with larger days on market.

In today's market, it is imperatiive that once identifying the area, the agent is willing to look at the long term history. (Exmaple, I just did a hisotry for a seller today who felt that 45 DOM was average to his/her market, I was able to educate hhim/her that when i took at look at the history of listing time we learned that most prperties hoped from agency to agency adding for a year or more. With the advent of the internet gone are the days where seller can hides their actual, long term days on market.

Sincerely,
Francesca Patrizio, Realtor, ePro

Average DOM is a useless number and so is the average price. If a house is on the market for 500 days with one company and then the 400 days with the next company before the owner tries a for sale by owner for 90 days. The days on market do not count against the new company that lists the home for 115 days before it sells. The house is tracked by the computer as 115 DOM when the reality is it was on the market for sale for almost three years. And, if the house is sold during a time when a 10 million dollar home is sold and a 25000 dollar trailer is sold, what good is an average? It's a candle in the wind - Sir Elton John

I agree with Nancy. If you house is priced realistically, and not with 2005 prices, the home will sell rather quickly. I have had 3 properties listed and under contract within 2-3 weeks. Buyers are our there now. You don't want to chase the market and start at a high number. Should you require further assistance, please don't hesitate contacting me.

hi Brianna

I would say the DOM are directly related to the price of the home. Those that are more aggressively priced are moving much quickly than those listed at the high end of the recommended range. Most recently I had a home listed at the low to mid level of the range I had advised and we had three offers in 3 days and it sold for more than list price.
Please let me know if there are any other questions I can assist you with!
thanks-Nancy