House Hasn’t Sold Yet Take Another Look at the Price
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House Hasn’t Sold Yet Take Another Look at the Price

House Hasn’t Sold Yet? Take Another Look at the Price | Keeping Current Matters

The residential housing market has been hot. Home sales have bounced back solidly and are now at their second highest pace since February 2007. Demand remains strong going into the winter. Many real estate professionals are reporting that multiple offers are occurring regularly and listings are actually selling above listing price. What about your house?

If your house hasn’t sold, it is probably the price.

If your home is on the market and you are not receiving any offers, look at your price. Pricing your home just 10% above market value dramatically cuts the number of prospective buyers that will even see your house. (See Chart)

Proper Pricing Pyramid | Keeping Current Matters

Bottom Line

The housing market is hot. If you are not seeing results you want, sit down with your agent and revisit the pricing conversation.


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Listings
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FOR SALE

165Acres

Trindle Road,
Carlisle, PA 17013

$9,000,000

Listed ByWOLFE & COMPANY REALTORS

MLS® #10246719 MLS® # 10246719 (Active)
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FOR SALE

100Acres

701 York Road,
Gettysburg, PA 17325

$8,000,000

Listed ByMILLER &ASSOC REAL ESTATE

MLS® #10185038 MLS® # 10185038 (Active)
10185037.JPGimage_shadow.png
FOR SALE

0SqFt

701 York Road,
Gettysburg, PA 17325

$8,000,000

Listed ByMILLER &ASSOC REAL ESTATE

MLS® #10185037 MLS® # 10185037 (Active)
10275918.JPGimage_shadow.png
FOR SALE

204Acres

00 Cramer Road/Ritner Highway,
Shippensburg, PA 17257

$7,900,000

Listed ByRSR, REALTORS, LLC

MLS® #10275918 MLS® # 10275918 (Active)
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FOR SALE

157.90Acres

1604 Pine Road,
Carlisle, PA 17015

$7,000,000

Listed ByRE/MAX ASSOCIATES OF LANCASTER

MLS® #10285791 MLS® # 10285791 (Active)

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Information Deemed Reliable, but Not Guaranteed. The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

Last updated on Sep 27, 2016.

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Information Deemed Reliable, but Not Guaranteed. The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

Last updated on Sep 27, 2016.

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Information Deemed Reliable, but Not Guaranteed. The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

Last updated on Sep 27, 2016.

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Listings displayed are not necessarily the listings of the provider.

Information Deemed Reliable, but Not Guaranteed. The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

Last updated on Sep 27, 2016.

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