A house sells for 3 reasons:
How it shows
How it is marketed
All 3 should be suggestions/strategies from your agent and then ultimately your decision. If your home is the property I found on the MLS I suggest staging the property better - perhaps painting those bright colors more neutral and getting some other (cheap) staging items (bedding, rugs, furniture, bath accessories, etc), again, that are more neutral. Take new pictures with the new staging and put them in the MLS. Is your property on lock box? Find out what marketing strategies your agent is doing to sell the property. Maybe you should suggest the agent shows the property themselves to help "Sell" it.
The average days on market for Woburn is 101 days. The median home price is $334,000 and the strongest selling range is $300,000-400,000. I quickly looked at the 16 houses to sell in the 400-450K range and it seems your house was probably overpriced for a while. Might be worth doing all the above staging and considering another price drop to get quick interest - and hopefully a bidding situation.
I know hearing this kind of advice can be hard sometimes but the market is soft in the suburbs and properties that are selling quick are good homes priced right. The rest are sitting.
I hope that helps! Good luck!
As mentioned in the previous response, the market time for single families in Woburn is at 101 days (for the last 6 months). When I did a search for homes that had the key word "renovated", market time jumped to over 5 months. Perhaps when a home is renovated, the perceived value is assumed to be higher because of the added investment, when in today's market of declining prices, it may not be true.
I hope this all helps!
I'd shoot for a price in the $380's. As a single with that square footage many people aren't looking for more than 4 bedrooms. So while it may seem like a bonus to have 6, it may not be necessarily.
Pricing is nearest and dearest to sellers hearts but the reality of this market is you need to be priced propely PERIOD, to get any interest at all.
Sorry if this wasn't what you hoped to hear - I hope you are able to sell it quickly now!
My Current Average on Single Family Homes is 74 Days Or Less on The Market and Getting My Sellers
97% of The Asking Price.This is Averaged Out Over 9+ Years and With Over $60 Million Dollars in Closed
Transactions.(A Tried and True Average).
Stoneham Street is A Great Woburn Location at The Winchester Line as a Matter of Fact My Relatives
Live on That Street.I Grew up on Swanton and Olive Streets.Looking At The House on MLS It Looks Like A
$399,900 House To Me.Best Of Luck!