When you move fast, you still need a clean plan.
You are trying to decide whether to jump on a home now or wait for a better fit. My rule in Rego Park, NY is simple when homes typically take 48 days to sell recent closed numbers, you can be selective, but you cannot be sloppy about the details that win or lose an offer.
If you only remember one closed data point right now, make it this a typical sale took 48 days last month in Rego Park, NY. That timing usually means you have enough runway to tour with purpose and compare options, not rush into the first "good enough" listing. The practical impact is negotiating still matters. Recent offers landed at about 98.2% of asking last month, so I do not assume big discounts are automatic, but I also do not treat every listing as a bidding war by default. Here is how I would act on that. First, decide what you will and will not compromise on before you tour again, then only write on homes that truly fit your must-haves. Second, when you do write, make your offer clean keep your timeline and paperwork tight so the seller sees certainty, because the typical discount to asking has been modest. One more guardrail supply stood at 6.3 months last month, which is why I focus on leverage and terms, not desperation. Some metrics were not reported for this period, so I keep the strategy anchored to pace, supply, and how close sales have been to asking.
About Liliana Aristizabal
Liliana Aristizabal is a licensed Real Estate Professional affiliated with RE/MAX Team, specializing in the Rego Park market. With a focus on strategic marketing and deep local knowledge, Liliana Aristizabal provides clients with expert guidance in navigating complex real estate transactions. View full profile →
