The trick is finding a great agent. Below I've posted a link to one of the more popular blogs I've posted here on Trulia on how to do this, hopefully you'll find it of some help.
As an aside, the Case-Schiller index is in my opinion garbage. It is given way more credence than it deserves particularly among those who cratered the economy. Just saying.
The answers provided have been "on the mark." Trulia proves to be a valuable resource for people requiring real estate information.
We would like to add that sellers often overlook the importance of getting all the facts before listing their property.....assuming "one size fits all" and everyone approaches selling RE the same way. One of the most frequent criticisms is that sellers assumed that their agent would do this or that.....
Sellers should protect their interest by having a clear understanding of the total services that will be provided while marketing the home. This is simple enough accomplished by requesting a written account of the agent's comprehensive marketing plan for selling your specific property. Anyone worth their "salt" will be able to address this request and you will be able to use it as a "blueprint" to trace the progress of your sale.
If an agent can't verbally express their plan beyond saying, it'll be on the MLS, we'll put a sign in your yard and advertise occasionally in a magazine, it may be best to keep searching for someone that knows what they are doing.....
Good luck with your search,
This is just a ball park guestimate though as real estate is local. The only way to really know the value is to have a comparitive market analysis done. We'd be happy to do one for you but will need some information first. Call us at 770-231-3918 if you're interested.
Jay & Kathryn Schneider
Although the latest monthly housing data showed modest declines, the less volatile quarterly data have continued to show modest improvement. Consequently, there is plenty of evidence for retaining a cautious optimism for a gradual recovery. While the February new-home sales rate dipped a nominal 1.6 percent, sales are still running 11.4 percent above their year-ago level and at the rate expected for the slow recovery. Meanwhile, the inventory for new-homes for sale remains at an all-time record low.
While combined U.S. housing starts lost some ground in March, this was almost entirely due to typical month-to-month volatility on the multifamily side. The fact is that single-family and multifamily starts and permits were all stronger in the first quarter of 2012 than they were in the fourth quarter of 2011, indicating that the market continues to slowly strengthen, albeit in fits and starts.
We are also seeing the long-term improvement in housing conditions continuing to take hold in a growing number of local markets. The April NAHB/First American Improving Markets indicates that 101 individual metros are showing measurable and consistent signs they are heading in the right direction.
Total job growth continues upward, providing added consumer confidence and pushing personal income up.
No one is anticipating that an upward path for housing will run in a straight-line trajectory. The economy is in an uneven recovery and we can expect some corresponding ups-and-downs in the housing market in the months ahead.
However, the National Association of Home Builders (NAHB) believes that on the whole, we can expect a slow and gradual recovery in housing starts, home sales and the overall housing market in 2012.