The recent pending activity gives sellers a useful picture of what can move and how long it can take.
If you are preparing to sell in Maspeth, NY and want to know whether buyers are still stepping forward, I would look closely at pending activity. Over the last three months, 9 homes moved into contract, their typical asking price was $928,000, and their typical time on market was 63 days, which tells me buyers are active but selective.
Pending activity gives sellers one of the best clues about what is drawing serious interest. In Maspeth, NY over the last three months, 9 homes went pending, with a typical asking price of $928,000 and a typical time on market of 63 days. I take that to mean buyers are still writing offers, but they are not removing all friction from the process. That 63-day pending pace is longer than the 20-day typical pace for newly listed homes over the same three-month window, so I would not assume every property gets immediate traction just because the market leans toward sellers. Study the homes that moved into contract, not just the ones that are still sitting. Price against the $928,000 typical pending level only if your home truly supports it. Enter the market fully prepared so your first few weeks work for you.
About Lissette Abreu
Lissette Abreu is a licensed Real Estate Professional affiliated with Remax Team, specializing in the Maspeth market. With a focus on strategic marketing and deep local knowledge, Lissette Abreu provides clients with expert guidance in navigating complex real estate transactions. View full profile →
