Charlie

I am glad that Kris Wales answered your question. She is a great Realtor. Give her a call you need help selling your home.

Hello Charlie. I noticed you are in Eastpointe and logged onto our local MLS to check the statistics
for Eastpointe during the month of April 2008.

30 homes sold (closed) in Eastpointe during that time, however there were 434 homes on the market
at the time. (That means there is alot of competition for each individual home. Supply and demand
is always one important aspect to selling your home.)

The average days on the market however in Eastpointe for April of 2008 was 69. That number is much lower than it was last year, and I personally believe that it is because homeowners are realizing the importance of pricing their home to sell and starting to understand the risk of overpricing their homes.

If you have any further questions please don't hesitate to call me.

Kris Wales
RE/MAX Advantage 1, Inc.
586-840-1876 (direct line)
http://chataboutmacomb.com
kwales@remax.net

Charlie. The time frame for a home to remain on the market is dependent upon 4 factors. If you are out of line with any one factor, a home will stay on the market longer or not sell at all.

Those four factors are:

The Market
The Condition
The Marketing
The Price

A home placed on the market today and accepting a cash buyer offer with no inspections can close within 2 weeks (sometimes sooner). I know of one overpriced home that has been on the market for almost 4 years. They are still overpriced.

If you have a specific question about your home, I would be glad to provide the information you need. Simply click on my photo and contact me via Trulia.

The time-frame varies due to a number of factors--3, 4 & 5 BR homes will often have different time-frames; homes that are priced right and/or offer buyer incentives tend to sell more quickly; homes listed by an agency usually sell more quickly than FSBOs. You will need to provide more info for a more complete answer.