That's a really tough question to answer without seeing the home and the competition and sold comparables. However, as a very general rule, homes (especially in the lower end of the market - high end luxury homes can have different timelines) either sell quickly for close to asking price or don't sell at all until the next price drop. So, if you are getting showings with no offers or no showings at all, a price reduction could be in order. If you are getting showings with no offers then what has the feedback been from the prospective buyers? Have they been real buyers that were ready to purchase something and selected another home instead of yours? These are the kinds of questions that I try to answer for my listing clients so that I can advise them on whether to reduce the price or make minor improvements to the property to get it sold. Are you listed with an agent. If not, perhaps you'd be best served consulting with a professional agent who will be able to look at your exact situation and advise you appropriately. If you are interested in speaking with me about that, give me a call - 678-520-3113.