Recent days-to-sale figures show where patience pays off
If you are deciding when to act, timing matters because the market is moving on its own schedule, not yours. In Woodhaven, NY over the last three months, a typical pending multifamily listing took 66 days and a typical closed sale took 94 days, so I would make timing part of the strategy from the start.
Timing matters most when your next step depends on the sale going reasonably well. In Woodhaven, NY, a typical multifamily listing took 66 days to go pending and 94 days to close over the last three months. That gives me a realistic planning framework for anyone preparing to sell.
For a landlord, that means you should think beyond the list date. The process can stretch, and the market recently carried 6 months of supply, which points to balance rather than urgency. Balance is workable, but it rarely rewards procrastination. If you know a change is coming, I would rather see you prepare early than lose weeks catching up later.
Set your target timeline now and count backward from it. Prepare the property so it can compete well through a measured selling window. Give yourself options by entering the market before your own deadline becomes the weakest part of the deal.
