I am sure that the three properties you are monitoring are similar or close to yours. If these properties are on the market over 20 to 30 days they must be over priced. I am assuming that your property falls in between the price range of $300k to $500k. Properties with values below $300k in this area that are well priced usually go under contract in one or two weeks. If you property is valued over $500k it can take beyond a month even if well priced.
There are currently 126 homes available in Sterling as a whole but just 12 available in the Countryside subdivision priced between the mid 200’s to low 500’s and of the twelve most were listed in the past month or so, however one of the twelve was listed since mid February and had three price changes with a total price change of over $20k and still not sold. Being well price is extremely important for new listing.
Let me know if I can assist you any further.
I can honestly tell you that the ones that are not selling were either over priced, or had some issues with the home or the location.
Countryside is still a very sought after neighborhood.
Just get the home to show very well, and price it fairly.
So hard to tell, even for an experienced Realtor But if and when you are ready to list your home in the Spring, you want to make sure you do work with an experienced local Realtor who can put all the
data in front of you so that you can make an educated decision. You may not like all that the honest and
straightforward Realtor may tell you, but please look at the numbers, decide on your initial asking price, incorporate some negotiations and see what you net to seller will be after taxes, closing costs commissions etc. If you need any recommendations for your area in VA, let me know and I gladly recommend to you some really good Professionals.
Take care, be well and good luck
Edith YourREaltor4lIFE AND Chicago and Northern Illinois Expert
Working always in the very BEST interest of her clients
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