A clear read on recent pricing and pace before you choose your asking strategy.
If you are trying to decide whether to list now or wait, I would make the decision based on how homes are being priced and how quickly they are moving in Hollis, NY. My read is that sellers still have room to lead, but the better move is disciplined pricing, because recent supply stood at 3.4 months and a typical sale took 34 days last month.
Last month in Hollis, NY, the typical asking price was $950,000, while the typical closed price was $880,000. Recent offers landed at about 96.8% of asking, which tells me buyers are still engaging, but they are not simply agreeing to every price a seller wants. That matters if you are preparing a sale in Hollis, NY because pricing too high can cost you time. Over the last three months, the typical asking price stood at $1,225,000, while the most recent typical asking price was $950,000, so I would treat price discipline as a serious advantage instead of assuming the market will correct an ambitious launch. Start with a price that fits the current competition, not the peak number you hoped to see. Study how your home compares against the recent new listing range of $649,999 to $1,650,000. Fix the condition issues buyers notice first, then launch with a clean strategy and a short response window for early interest.
About Liliana Aristizabal
Liliana Aristizabal is a licensed Real Estate Professional affiliated with RE/MAX Team, specializing in the Hollis 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 →
