I am coming late to the game on your question, but I wanted to add a few points... Market price is the price someone would pay for your home now, I would not rely on Zillow, Tax assessment, Trulia, or sales over 6 months to determine the price.
- Visit the other properties in your community to see what the competition looks like, since buyers who visit your home are going to be doing the exact same thing - I recommend you take a look.
- List with an agent who will market in the right areas... Cabin John is unique in its location and understanding how to find those buyers is key. Many people who buy in that area love the canal, the Potomac and the outdoors - so call me for some ideas I have on how to get in touch with this market. There are cost effective measure on both the web and physical location to reach these buyers - you may need the help of someone who has done this successfully in the past.
- Make sure buyers have access to the property with a sentry lock, if a buyer is not able to see the property then they will not write an offer
- Staging your home is a good idea
- Write and print out a list of what you have done to the property while you have owned it.
- Map highlighting the benefits of being in your location.
- Take the property off the market and wait for the Spring or Fall market to re-list the property
If it doesn't sell, think about maybe renting the property until the market turns around. Everything depends on your goals and time line so hard to say what to do
Eric Brooks - REALTOR Â®
Long & Foster Realtors
4733 Bethesda Ave #100
Bethesda, MD 20814
Licensed in DC, MD and VA