Recent closing prices can tell you whether waiting is still helping.
Holding firm on price only works when the market is supporting your number. If your home is sitting in Peculiar, MO, I would compare it against recent closed prices quickly and decide whether patience is helping or hurting.
Last month, active homes in Peculiar, MO had a typical asking price of $417,995, while the typical sold price was $339,950. A typical sale timeline was 101 days, and recent offers on closed homes landed around 98% of asking.
I see one clear message in that mix. Sellers in Peculiar, MO can still get close to asking, but only when the asking price is aligned with what buyers are willing to carry through to closing. If your number sits well above the recent closing center and the home is not drawing serious interest, time alone may not solve it.
Review your showing feedback and compare it to your current price position. Decide now what threshold would trigger a reduction instead of waiting until frustration sets in. Make one clean adjustment with purpose rather than a series of small moves.
