We could run the past statistics on your neighborhood for you if you are thinking about selling to give you the average days on market (ADOM) in your area. Please let me know if you are seriously considering selling your home and I'll be happy to prepare a customized listing proposal for you. I have 15 years of marketing experience, utilize the latest online technologies to market homes most effectively, and have an extensive network in Austin and especially Westlake.
In order to help ensure that your home sells as quickly as possible, I'd like to offer you a 3% listing that I'll reduce to 2% in 90 days if you haven't received an offer on your home. If a home hasn't sold in 90 days, it's usually prudent to take a price reduction at that time so this post-90-day reduced listing commission could help offset an eventual price move if one is required to react to changing market factors and keep your home in the appropriate price position to sell quickly.
If you want to sell, spring/summer is traditionally the best time to ensure as quick a sale as possible. Please don't hesitate to reach out if I can help you in any way. We look forward to hearing from you!
President and Investment Specialist, Harvard M.B.A.
Austin Residential Properties
1. Exposure - How often and how broadly your home is advertised.
2. Price - Is your home competitively priced. Is it the best home around for that price range.
3. Condition - Is it in good repair? Has it been remodeled recently?
All these contribute to the speed in which your home will sell in any given market.
How long it takes depends on several things: current market, the condition of the home, the price point. That said if you price it competatively it should sell faster. Have your Realtor work up a Comparative Market Analysis for you and price it a few dollars below market value if you need a really quick sale. West Lake has held its value and is sought after typically due to the Eanes ISD and the close proxemity to downtown Austin.
Its hard to say or give you an exact estimate b/c just how Pelin stated below it depends on location, condition of your home/condo/townhome. Also if you are a motivated seller you can do some aggressive marketing as well as maybe lowering your home price. Talk to a local Realtor and see what options you have to increase visibility as well as to go over data around your area to see on avg. how long a home is taking to sell. Here are a few tips for sellers you can apply on your own http://chrissuh.com/resources/for-sellers/
It depends on your home's condition, location and your area Real Estate Market. Unfortunately, I am not familiar with your area, the easiest way to learn more about your negihborhood's date on the market is contacting with a local realtor from your area. Contact me if you do not know anyone in the area, I will be happy to send you some information. You can also find home selling information on my website http://www.dallashomelist.com
Hope it helps.