”Will my home sell?  How long will it take?”

Yes, your home will sell. How you choose to price your home is one of the major factors in answering how long it might take to sell it. A seller can only control three things: asking price, condition and accessiblity, with the market determining the actual sales price.

Here is a report for 2010 in PDF format from the Southern Midlands MLS (Orangeburg area) which breaks down residential home sales by price range, number of bedrooms, days on the market ("DOM") and also gives some other useful statistics. Today's housing market is very volatile, with the availability of financing, government regulations and foreclosures all interacting and impacting the sales process.

Some homes sell in the first week of marketing efforts; other homes take much longer to sell. Obviously, correct pricing is extremely important to buyers (and the more buyers, the better), but the market also shows us that other factors affect the sale of your home.  To get top dollar in the shortest time, you must use not only correct pricing but also many other tools.  From the first marketing efforts to the completion of a successful sale, each step is important to get the greatest exposure for your home.